$500 ▲ +18.8%
Higher than 92% of suburb / locality areas.
- 2011: $421
- 2016: $530
- 2021: $500
Median weekly rent paid by households renting their home.
Lavender Bay · Suburb / Locality
Housing & Dwellings in Lavender Bay
Where and how people live — the homes, how they are held, and what they cost.
High living costs and a strong rental market set Lavender Bay apart from most similar areas. The typical monthly mortgage payment here is $2,984, which is among the highest at this level. This makes it a costly place to live, both for those paying off a home and those renting.
$500
▲ +18.8%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Lavender Bay — higher than 92% of areas.
| Lavender Bay | $500 |
|---|---|
| 2060, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $500, which is well above the national figure. Mortgage costs are also very high, with 43.9% of households paying $3,000 or more each month.
$2,984 ▼ -0.5%
Higher than 92% of suburb / locality areas.
- 2011: $3,000
- 2016: $2,800
- 2021: $2,984
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Lavender Bay, the largest group is $350–$549 at 44%, followed by $550–$749 (23%) and $750 or more (22%).
Monthly mortgage distribution
View on map →In Lavender Bay, the largest group is $3,000 or more at 45%, followed by $1,800–$2,999 (21%) and $1,000–$1,799 (18%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the state, with 53.6% of households renting. Meanwhile, the share of homes owned outright is 24.7%, which is well below the Australian average.
53.6% ▲ +3.1%
Higher than 94% of suburb / locality areas.
- 2011: 52.0%
- 2016: 54.3%
- 2021: 53.6%
Share of occupied private dwellings that are rented.
24.7% ▼ -4.4%
Lower than 86% of suburb / locality areas.
- 2011: 25.9%
- 2016: 26.6%
- 2021: 24.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Lavender Bay, Rented is the majority at 54%; Owned outright is next at 25%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments dominate the landscape at 66.7%, while separate houses are far less common than in most of Australia at just 9.9%. Because small homes are the norm, there are 1.00 people per bedroom, which is well above the national figure.
1.00 ▼ -16.7%
Higher than 89% of suburb / locality areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
9.9% ▼ -19.4%
Lower than 99% of suburb / locality areas.
- 2011: 12.3%
- 2016: 6.1%
- 2021: 9.9%
Share of occupied private dwellings that are separate houses.
32.6% ▲ +15.0%
Lower than 99% of suburb / locality areas.
- 2011: 28.3%
- 2016: 33.0%
- 2021: 32.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Lavender Bay, Flat or apartment is the majority at 67%; Townhouse / semi-detached is next at 23%.
Bedrooms per home
View on map →Lavender Bay splits fairly evenly between 1 bedroom (30%) and 2 bedrooms (30%), with 3 bedrooms at 24%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Lavender Bay
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lavender Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12294/lavender-bay/topic/housing-dwellings