$895 ▲ +98.9%
Higher than 99% of suburb / locality areas.
- 2011: $450
- 2016: $698
- 2021: $895
Median weekly rent paid by households renting their home.
Palm Beach · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most similar areas define Palm Beach, where the typical weekly rent is $895. This expensive market is paired with a high rate of home ownership and a strong preference for large, detached houses.
All suburb / locality areas, 2021. The marker is Palm Beach — higher than 99% of areas.
| Palm Beach | $895 |
|---|---|
| 2108, NSW | $850 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are far above the national figure, with 61.8% of renters paying $750 or more. Home loan payments are also among the highest at this level, typically reaching $4,000 a month.
$895 ▲ +98.9%
Higher than 99% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$4,000 ▲ +33.3%
Higher than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Palm Beach, $750 or more is the majority at 68%; $550–$749 is next at 17%.
In Palm Beach, $3,000 or more is the majority at 62%; $1,800–$2,999 is next at 18%.
How homes are owned or rented.
A far higher proportion of people own their homes outright here than in the rest of the state, at 55.3%. Consequently, the share of households that rent is far below the Australian average.
16.5% ▼ -34.8%
Lower than 51% of suburb / locality areas.
Share of occupied private dwellings that are rented.
55.3% ▲ +15.3%
Higher than 86% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Palm Beach, Owned outright is the majority at 56%; Owned with a mortgage is next at 23%.
Houses, townhouses, apartments and bedrooms.
Detached houses are far more common here than across Australia, with 88.9% of homes being separate houses. Most of these are large, as 84.7% have three or more bedrooms, which helps explain why there are fewer people per bedroom than in most areas.
0.70 ▼ -36.4%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
88.9% ▲ +16.9%
Lower than 71% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
84.7% ▲ +9.1%
Higher than 64% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Palm Beach, Separate house is the majority at 89%; Flat or apartment is next at 10%.
Palm Beach splits fairly evenly between 4 bedrooms (34%) and 3 bedrooms (33%), with 5 or more at 19%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Palm Beach [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13143/palm-beach/topic/housing-dwellings