$533 ▲ +26.9%
Higher than 95% of suburb / locality areas.
- 2011: $420
- 2016: $520
- 2021: $533
Median weekly rent paid by households renting their home.
Lane Cove · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A huge gap exists between Lane Cove and the rest of the country, where typical monthly mortgage payments of $2,905 are well above the national figure. This is a high-cost area where both buying and renting are significantly more expensive than in other parts of Australia.
All suburb / locality areas, 2021. The marker is Lane Cove — higher than 95% of areas.
| Lane Cove | $533 |
|---|---|
| 2066, NSW | $520 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are among the highest for similar areas at $533, which is well above the New South Wales figure of $420. Similarly, the typical monthly home loan payment is well above the state average by $738.
$533 ▲ +26.9%
Higher than 95% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,905 ▲ +11.7%
Higher than 91% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lane Cove, the largest group is $350–$549 at 44%, followed by $550–$749 (29%) and $750 or more (19%).
In Lane Cove, the largest group is $3,000 or more at 50%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (12%).
How homes are owned or rented.
Renting is much more common here than in most areas, with 37.3% of households renting. This is well above the national figure of 30.6%, while the share of homes owned outright is well below the Australian average.
37.3% ▲ +19.1%
Higher than 87% of suburb / locality areas.
Share of occupied private dwellings that are rented.
26.9% ▼ -17.3%
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Lane Cove splits fairly evenly between Rented (37%) and Owned with a mortgage (33%), with Owned outright at 27%.
Houses, townhouses, apartments and bedrooms.
Apartments make up the majority of homes at 62.4%, and separate houses are far below the national average. Because there are so few large homes, Lane Cove has a little more than one person per bedroom, which is higher than in New South Wales.
1.00 ▼ -9.1%
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
30.3% ▼ -24.8%
Lower than 97% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
43.8% ▼ -10.8%
Lower than 94% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lane Cove, Flat or apartment is the majority at 62%; Separate house is next at 30%.
In Lane Cove, the largest group is 2 bedrooms at 42%, followed by 3 bedrooms (25%) and 1 bedroom (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lane Cove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12275/lane-cove/topic/housing-dwellings