$400 ▲ +73.9%
Higher than 82% of suburb / locality areas.
- 2011: $230
- 2016: $323
- 2021: $400
Median weekly rent paid by households renting their home.
Lake Heights · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
More people rent their homes in Lake Heights than in most similar areas. While typical rents and mortgage payments are higher than the local norm, the area is dominated by large, separate houses. These dwellings are mostly family-sized, with nearly 80% of homes featuring three or more bedrooms.
All suburb / locality areas, 2021. The marker is Lake Heights — higher than 82% of areas.
| Lake Heights | $400 |
|---|---|
| 2502, NSW | $330 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $400, which is much higher than most similar areas. Monthly mortgage payments usually hit $1,950, a figure that is higher than the norm for similar places but a little below the New South Wales typical of $2,167.
$400 ▲ +73.9%
Higher than 82% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,950 ▲ +5.4%
Higher than 69% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lake Heights, $350–$549 is the majority at 55%; $200–$349 is next at 30%.
In Lake Heights, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (30%) and Under $1,000 (16%).
How homes are owned or rented.
Outright home ownership is lower than in most similar areas, though at 37.5% it remains well above the national figure of 31%. Meanwhile, the 28.8% of households that rent is much higher than in most similar areas.
28.8% ▲ +30.2%
Higher than 77% of suburb / locality areas.
Share of occupied private dwellings that are rented.
37.5% ▼ -18.8%
Lower than 61% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lake Heights, the largest group is Owned outright at 37%, followed by Owned with a mortgage (31%) and Rented (29%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 82.5% of the market, which is far above the national figure of 72.3%. This helps explain why the area has a high proportion of large homes, with 79.5% having three or more bedrooms.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
82.5% ▼ -4.9%
Lower than 78% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
79.5% ▲ +3.4%
Higher than 50% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake Heights, Separate house is the majority at 83%; Flat or apartment is next at 11%.
In Lake Heights, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Heights [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12256/lake-heights/topic/housing-dwellings