$580 ▲ +18.4%
Higher than 98% of suburb / locality areas.
- 2011: $490
- 2016: $580
- 2021: $580
Median weekly rent paid by households renting their home.
McMahons Point · Suburb / Locality
Housing & Dwellings in McMahons Point
Where and how people live — the homes, how they are held, and what they cost.
Flats or apartments make up 62.8% of the homes in McMahons Point, reflecting a high-density living environment. This is an expensive pocket of the city where both renting and mortgage costs are far above the national figures. Over half of all households here rent their homes, which is much higher than in most other areas.
$580
▲ +18.4%
- $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 McMahons Point — higher than 98% of areas.
| McMahons Point | $580 |
|---|---|
| 2060, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $3,000, which is far above the Australian figure of $1,863. Renters also pay a premium, with a typical weekly rent of $580, well above both the state and national averages.
$3,000 → 0.0%
Higher than 92% of suburb / locality areas.
- 2011: $3,000
- 2016: $2,919
- 2021: $3,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →McMahons Point splits fairly evenly between $550–$749 (36%) and $350–$549 (35%), with $750 or more at 22%.
Monthly mortgage distribution
View on map →In McMahons Point, $3,000 or more is the majority at 52%; $1,800–$2,999 is next at 24%.
Owning & renting
How homes are owned or rented.
Over half of all households (51.6%) are renting, a figure far above the New South Wales average of 32.6%. Meanwhile, 31.1% of homes are owned outright, which is about the same as the state and national figures.
51.6% ▼ -2.4%
Higher than 93% of suburb / locality areas.
- 2011: 52.9%
- 2016: 52.3%
- 2021: 51.6%
Share of occupied private dwellings that are rented.
31.1% ▲ +10.4%
Lower than 76% of suburb / locality areas.
- 2011: 28.1%
- 2016: 28.8%
- 2021: 31.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In McMahons Point, Rented is the majority at 52%; Owned outright is next at 31%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Small homes are the norm here, with separate houses making up only 13% of dwellings, far below the national figure of 72.3%. Because larger homes are rare, the area has among the highest number of people per bedroom in the region.
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.
13.0% ▼ -26.3%
Lower than 99% of suburb / locality areas.
- 2011: 17.7%
- 2016: 10.1%
- 2021: 13.0%
Share of occupied private dwellings that are separate houses.
33.5% ▲ +6.5%
Lower than 99% of suburb / locality areas.
- 2011: 31.5%
- 2016: 32.9%
- 2021: 33.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In McMahons Point, Flat or apartment is the majority at 63%; Townhouse / semi-detached is next at 24%.
Bedrooms per home
View on map →McMahons Point splits fairly evenly between 2 bedrooms (32%) and 1 bedroom (28%), with 3 bedrooms at 24%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for McMahons Point
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in McMahons Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12557/mcmahons-point/topic/housing-dwellings