$500 ▲ +17.6%
Higher than 92% of suburb / locality areas.
- 2011: $425
- 2016: $493
- 2021: $500
Median weekly rent paid by households renting their home.
Elizabeth Bay · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Very high housing costs set Elizabeth Bay apart from most similar areas. It is a place where renting is far more common than owning, and almost every home is a flat or apartment. The typical weekly rent is $500, which is well above the national figure.
All suburb / locality areas, 2021. The marker is Elizabeth Bay — higher than 92% of areas.
| Elizabeth Bay | $500 |
|---|---|
| 2011, NSW | $490 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents of $500 are among the highest at this level. Those with mortgages also face high costs, with the typical monthly payment of $2,582 being well above the Australian figure of $1,863.
$500 ▲ +17.6%
Higher than 92% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,582 ▲ +17.4%
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Elizabeth Bay, the largest group is $350–$549 at 41%, followed by $550–$749 (25%) and $750 or more (20%).
In Elizabeth Bay, the largest group is $3,000 or more at 43%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (15%).
How homes are owned or rented.
Renting is very common here, with 58.6% of households renting—a figure far above the national average of 30.6%. Meanwhile, the proportion of homes owned outright is 21.9%, which is much lower than most areas.
58.6% ▼ -0.1%
Higher than 96% of suburb / locality areas.
Share of occupied private dwellings that are rented.
21.9% ▲ +11.6%
Lower than 88% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Elizabeth Bay, Rented is the majority at 59%; Owned outright is next at 22%.
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 98.6% of the housing stock, while separate houses are among the lowest at 0.3%. Because three-bedroom homes are so rare, the average of 1.00 person per bedroom is well above the national figure.
1.00 ▼ -16.7%
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
0.3% ▼ -38.0%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
10.3% ▲ +6.1%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Elizabeth Bay, Flat or apartment is the majority at 99%; Townhouse / semi-detached is next at 0%.
In Elizabeth Bay, the largest group is 1 bedroom at 42%, followed by 2 bedrooms (32%) and Studio / none (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Elizabeth Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL11398/elizabeth-bay/topic/housing-dwellings