$580 ▲ +0.5%
Higher than 98% of suburb / locality areas.
- 2011: $577
- 2016: $652
- 2021: $580
Median weekly rent paid by households renting their home.
Pyrmont · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Pyrmont stands out as one of the most expensive and rental-heavy areas in the region. Most residents live in apartments, with typical weekly rents and mortgage payments sitting well above the national figures. This high cost of living is reflected in a housing market dominated by renters rather than homeowners.
All suburb / locality areas, 2021. The marker is Pyrmont — higher than 98% of areas.
| Pyrmont | $580 |
|---|---|
| 2009, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
The cost of living here is very high, with a typical weekly rent of $580 and monthly mortgage payments of $2,800. Both figures are well above the New South Wales and Australian averages, and among the highest for similar areas.
$580 ▲ +0.5%
Higher than 98% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,800 ▲ +3.6%
Higher than 90% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Pyrmont, the largest group is $550–$749 at 34%, followed by $350–$549 (28%) and $750 or more (24%).
In Pyrmont, the largest group is $3,000 or more at 47%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (13%).
How homes are owned or rented.
Renting is far more common here than in the rest of the country, with 61.7% of households renting. This is far above the national figure of 30.6%, while the share of homes owned outright is far below the state average.
61.7% ▲ +1.6%
Higher than 98% of suburb / locality areas.
Share of occupied private dwellings that are rented.
17.7% ▲ +22.7%
Lower than 92% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Pyrmont, Rented is the majority at 62%; Owned with a mortgage is next at 18%.
Houses, townhouses, apartments and bedrooms.
Apartments make up 93.7% of homes in Pyrmont, and there are no separate detached houses. Because most homes are small—with 51% having only two bedrooms—there are more people per bedroom here than in most other areas.
1.10 ▼ -15.4%
Higher than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
0.0% ▼ -100.0%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
22.6% ▲ +1.0%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Pyrmont, Flat or apartment is the majority at 94%; Townhouse / semi-detached is next at 6%.
In Pyrmont, 2 bedrooms is the majority at 52%; 1 bedroom is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Pyrmont [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13297/pyrmont/topic/housing-dwellings