$480 ▲ +26.3%
Higher than 90% of suburb / locality areas.
- 2011: $380
- 2016: $450
- 2021: $480
Median weekly rent paid by households renting their home.
Monterey · Suburb / Locality
Housing & Dwellings in Monterey
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,600 are among the highest for similar areas in Monterey. This suburb is a costly place to live, where both mortgages and rents sit well above the national figures. Most residents live in smaller homes than the Australian average, which contributes to more people sharing each bedroom.
$480
▲ +26.3%
- $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 Monterey — higher than 90% of areas.
| Monterey | $480 |
|---|---|
| 2217, NSW | $460 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $480, which is well above the Australian figure of $375. Homeowners face similar pressures, with the usual monthly mortgage payment being $2,600—a little above the New South Wales average.
$2,600 ▲ +8.3%
Higher than 88% of suburb / locality areas.
- 2011: $2,400
- 2016: $2,167
- 2021: $2,600
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Monterey, $350–$549 is the majority at 53%; $550–$749 is next at 24%.
Monthly mortgage distribution
View on map →In Monterey, the largest group is $3,000 or more at 44%, followed by $1,800–$2,999 (26%) and $1,000–$1,799 (19%).
Owning & renting
How homes are owned or rented.
About 37.2% of homes are owned outright, which is well above the national figure. Meanwhile, 30.5% of households are renting, a rate that is much higher than most similar areas.
30.5% ▲ +0.2%
Higher than 79% of suburb / locality areas.
- 2011: 30.5%
- 2016: 30.9%
- 2021: 30.5%
Share of occupied private dwellings that are rented.
37.2% ▼ -4.6%
Lower than 61% of suburb / locality areas.
- 2011: 39.0%
- 2016: 38.3%
- 2021: 37.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Monterey, the largest group is Owned outright at 37%, followed by Rented (31%) and Owned with a mortgage (30%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up only 43.6% of the suburb, which is far below the national figure of 72.3%. With far fewer large homes, Monterey has a much higher number of people per bedroom than most other areas.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
43.6% ▼ -15.7%
Lower than 94% of suburb / locality areas.
- 2011: 51.7%
- 2016: 42.2%
- 2021: 43.6%
Share of occupied private dwellings that are separate houses.
58.9% ▲ +10.2%
Lower than 87% of suburb / locality areas.
- 2011: 53.5%
- 2016: 55.2%
- 2021: 58.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Monterey, the largest group is Separate house at 44%, followed by Flat or apartment (34%) and Townhouse / semi-detached (22%).
Bedrooms per home
View on map →Monterey splits fairly evenly between 2 bedrooms (37%) and 3 bedrooms (33%), with 4 bedrooms at 19%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Monterey
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Monterey [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12697/monterey/topic/housing-dwellings