Palmwoods · Suburb / Locality

Housing & Dwellings in Palmwoods

Where and how people live — the homes, how they are held, and what they cost.

Renting is far more common in Palmwoods than in most similar areas, with 45.5% of households renting. While many residents own their homes outright, the area is marked by a high number of renters and relatively affordable housing costs.

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📍 Palmwoods, Suburb / Locality

Where Palmwoods sits — Median rent (weekly)

$200
  • $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 Palmwoods — lower than 75% of areas.

Median rent (weekly) compared with the state and national average
Palmwoods$200
2482, NSW $460
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are far below the national figure, sitting at just $200. Typical monthly home loan payments are also much lower than in New South Wales, at $1,517.

$200

Lower than 75% of suburb / locality areas.

  • 2016: $340
  • 2021: $200

Median weekly rent paid by households renting their home.

$1,517

Lower than 57% of suburb / locality areas.

  • 2016: $1,650
  • 2021: $1,517

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Palmwoods splits fairly evenly between $200–$349 (50%) and $350–$549 (50%).

Monthly mortgage distribution

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In Palmwoods, $1,000–$1,799 is the majority at 100%.

Owning & renting

How homes are owned or rented.

About 45.5% of homes are rented, which is far above the Australian figure of 30.6%. Conversely, 36.4% of homes are owned outright, a rate well above the state average.

45.5%

Higher than 90% of suburb / locality areas.

  • 2016: 43.8%
  • 2021: 45.5%

Share of occupied private dwellings that are rented.

36.4%

Lower than 64% of suburb / locality areas.

  • 2016: 25.0%
  • 2021: 36.4%

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

How homes are owned or rented

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In Palmwoods, the largest group is Rented at 40%, followed by Owned outright (32%) and Owned with a mortgage (28%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 90.9% of the local stock, far above the national average. These homes are often smaller, with 63.6% having three or more bedrooms, which is far below the Australian figure.

1.10

Higher than 93% of suburb / locality areas.

  • 2016: 1.00
  • 2021: 1.10

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

90.9%

Lower than 66% of suburb / locality areas.

  • 2016: 100.0%
  • 2021: 90.9%

Share of occupied private dwellings that are separate houses.

63.6%

Lower than 82% of suburb / locality areas.

  • 2016: 53.1%
  • 2021: 63.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Palmwoods, Separate house is the majority at 100%.

Bedrooms per home

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In Palmwoods, the largest group is 3 bedrooms at 44%, followed by 1 bedroom (24%) and 2 bedrooms (20%).

Sources

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

More for Palmwoods

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Palmwoods [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13150/palmwoods/topic/housing-dwellings