$490 ▲ +22.5%
Higher than 91% of suburb / locality areas.
- 2011: $400
- 2016: $485
- 2021: $490
Median weekly rent paid by households renting their home.
Potts Point · Suburb / Locality
Housing & Dwellings in Potts Point
Where and how people live — the homes, how they are held, and what they cost.
Among the highest for rentals in the region, Potts Point is a high-density area where most people rent. Roughly 65% of households rent their homes, which is far above the national figure of 30.6%. The area is almost entirely made up of apartments, with very few houses and a high number of residents per bedroom.
$490
▲ +22.5%
- $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 Potts Point — higher than 91% of areas.
| Potts Point | $490 |
|---|---|
| 2011, NSW | $490 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Rents are among the highest at this level, with a typical weekly payment of $490. This is well above the Australian figure of $375. Typical monthly home loan payments are $2,297, which is much higher than most areas.
$2,297 ▲ +6.0%
Higher than 86% of suburb / locality areas.
- 2011: $2,167
- 2016: $2,126
- 2021: $2,297
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Potts Point, the largest group is $350–$549 at 42%, followed by $550–$749 (25%) and $750 or more (16%).
Monthly mortgage distribution
View on map →Potts Point splits fairly evenly between $3,000 or more (34%) and $1,800–$2,999 (33%), with $1,000–$1,799 at 19%.
Owning & renting
How homes are owned or rented.
Renting is the dominant way of living here, with 65.1% of households renting, which is far above the New South Wales figure of 32.6%. Conversely, only 17.4% of homes are owned outright, a rate far below the national average.
65.1% ▲ +3.1%
Higher than 99% of suburb / locality areas.
- 2011: 63.1%
- 2016: 66.0%
- 2021: 65.1%
Share of occupied private dwellings that are rented.
17.4% ▲ +14.8%
Lower than 92% of suburb / locality areas.
- 2011: 15.2%
- 2016: 15.6%
- 2021: 17.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Potts Point, Rented is the majority at 65%; Owned outright is next at 17%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments make up 86.9% of homes, while separate houses are very rare at only 0.2%. Because so few homes have three or more bedrooms (6.8%), the area is crowded, with 1.1 people per bedroom, which is well above the national figure.
1.10 ▼ -8.3%
Higher than 93% of suburb / locality areas.
- 2011: 1.20
- 2016: 1.20
- 2021: 1.10
Average number of usual residents per bedroom — a crowding measure.
0.2% ▼ -45.4%
Lower than 99% of suburb / locality areas.
- 2011: 0.4%
- 2016: 0.5%
- 2021: 0.2%
Share of occupied private dwellings that are separate houses.
6.8% ▲ +1.7%
Lower than 99% of suburb / locality areas.
- 2011: 6.7%
- 2016: 6.9%
- 2021: 6.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Potts Point, Flat or apartment is the majority at 88%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Potts Point, the largest group is 1 bedroom at 49%, followed by 2 bedrooms (29%) and Studio / none (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Potts Point
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Potts Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13268/potts-point/topic/housing-dwellings