$270 —
Lower than 53% of suburb / locality areas.
Median weekly rent paid by households renting their home.
New Valley · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,584 make New Valley a place where home loans are much higher than in most similar areas. While these repayments are well above the national figure, the area is also known for having more space per person in its homes.
All suburb / locality areas, 2021. The marker is New Valley — lower than 53% of areas.
| New Valley | $270 |
|---|---|
| 2365, NSW | $250 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly home loans are a little above the NSW figure, but weekly rent is much lower than both the state and national averages at $270. This creates a sharp gap between the high cost of owning and the relatively low cost of renting.
$270 —
Lower than 53% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,584 —
Higher than 88% 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 outright at 77%, ahead of Owned with a mortgage (23%).
In New Valley, Owned outright is the majority at 77%; Owned with a mortgage is next at 23%.
Houses, townhouses, apartments and bedrooms.
Homes in New Valley are less crowded than most, with only 0.70 people per bedroom. This is well below the NSW figure of 0.90 and a little below the national average.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In New Valley, Separate house is the majority at 100%.
In New Valley, the largest group is 2 bedrooms at 42%, followed by 3 bedrooms (33%) and 4 bedrooms (25%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in New Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12955/new-valley/topic/housing-dwellings