$255 —
Lower than 58% of suburb / locality areas.
- 2016: $290
- 2021: $255
Median weekly rent paid by households renting their home.
New Park · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than the state average define New Park, where the typical monthly mortgage is $1,106. This affordable landscape is paired with a high rate of home ownership, creating a stark contrast to the broader New South Wales housing market.
All suburb / locality areas, 2021. The marker is New Park — lower than 58% of areas.
| New Park | $255 |
|---|---|
| 2474, NSW | $280 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $255, which is well below the national figure of $375. Mortgage costs are also far below state and national levels, with a typical monthly payment of $1,106.
$255 —
Lower than 58% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,106 —
Lower than 81% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In New Park, $1,000–$1,799 is the majority at 57%; Under $1,000 is next at 43%.
How homes are owned or rented.
A high number of people own their homes outright in New Park, at 55.7%, which is far above the national rate of 31.0%. This helps explain why the percentage of households renting is far below the state average.
13.1% —
Lower than 62% of suburb / locality areas.
Share of occupied private dwellings that are rented.
55.7% —
Higher than 86% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In New Park, Owned outright is the majority at 56%; Owned with a mortgage is next at 26%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 77.0% of the area, which is far above the New South Wales figure. However, the proportion of homes with three or more bedrooms is well below both state and national levels.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
77.0% —
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
65.6% —
Lower than 79% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In New Park, Separate house is the majority at 75%; Other dwelling is next at 19%.
New Park splits fairly evenly between 3 bedrooms (30%) and 4 bedrooms (28%), with 2 bedrooms at 16%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in New Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12954/new-park/topic/housing-dwellings