$934 —
Lower than 87% of suburb / locality areas.
- 2016: $1,603
- 2021: $934
Median monthly mortgage repayment for households with a mortgage.
Laurel Hill · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A massive gap in mortgage costs defines Laurel Hill, where the typical monthly home loan payment of $934 is far below the New South Wales figure. This makes housing costs significantly more affordable here than in most other parts of the state.
Rents, mortgages and crowding.
The typical monthly home-loan payment is $934, which is much lower than most areas and far below the national figure of $1,863.
$934 —
Lower than 87% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 180%, ahead of Owned outright (120%).
In Laurel Hill, Owned with a mortgage is the majority at 60%; Owned outright is next at 40%.
Houses, townhouses, apartments and bedrooms.
Homes in this area are more crowded than usual, with 0.90 people per bedroom. This is a little above the Australian figure of 0.80.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Laurel Hill, Separate house is the majority at 100%.
In Laurel Hill, 4 bedrooms is the majority at 100%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Laurel Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12291/laurel-hill/topic/housing-dwellings