Palm Beach · Suburb / Locality

Housing & Dwellings in Palm Beach

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.

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📍 Palm Beach, Suburb / Locality

Where Palm Beach sits — Median rent (weekly)

$895 ▲ +98.9%
  • $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 Palm Beach — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Palm Beach$895
2108, NSW $850
New South Wales $420
Australia $375

Housing costs

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.

  • 2011: $450
  • 2016: $698
  • 2021: $895

Median weekly rent paid by households renting their home.

$4,000 ▲ +33.3%

Higher than 99% of suburb / locality areas.

  • 2011: $3,000
  • 2016: $3,000
  • 2021: $4,000

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Palm Beach, $750 or more is the majority at 68%; $550–$749 is next at 17%.

Monthly mortgage distribution

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In Palm Beach, $3,000 or more is the majority at 62%; $1,800–$2,999 is next at 18%.

Owning & renting

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.

  • 2011: 25.4%
  • 2016: 20.5%
  • 2021: 16.5%

Share of occupied private dwellings that are rented.

55.3% ▲ +15.3%

Higher than 86% of suburb / locality areas.

  • 2011: 48.0%
  • 2016: 53.4%
  • 2021: 55.3%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Palm Beach, Owned outright is the majority at 56%; Owned with a mortgage is next at 23%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

88.9% ▲ +16.9%

Lower than 71% of suburb / locality areas.

  • 2011: 76.0%
  • 2016: 89.9%
  • 2021: 88.9%

Share of occupied private dwellings that are separate houses.

84.7% ▲ +9.1%

Higher than 64% of suburb / locality areas.

  • 2011: 77.6%
  • 2016: 81.2%
  • 2021: 84.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Palm Beach, Separate house is the majority at 89%; Flat or apartment is next at 10%.

Bedrooms per home

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Palm Beach splits fairly evenly between 4 bedrooms (34%) and 3 bedrooms (33%), with 5 or more at 19%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Palm Beach

Cite this page

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