Pyrmont · Suburb / Locality

Housing & Dwellings in Pyrmont

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.

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📍 Pyrmont, Suburb / Locality

Where Pyrmont sits — Median rent (weekly)

$580 ▲ +0.5%
  • $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 Pyrmont — higher than 98% of areas.

Median rent (weekly) compared with the state and national average
Pyrmont$580
2009, NSW $580
New South Wales $420
Australia $375

Housing costs

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.

  • 2011: $577
  • 2016: $652
  • 2021: $580

Median weekly rent paid by households renting their home.

$2,800 ▲ +3.6%

Higher than 90% of suburb / locality areas.

  • 2011: $2,704
  • 2016: $2,597
  • 2021: $2,800

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Pyrmont, the largest group is $550–$749 at 34%, followed by $350–$549 (28%) and $750 or more (24%).

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 60.7%
  • 2016: 60.7%
  • 2021: 61.7%

Share of occupied private dwellings that are rented.

17.7% ▲ +22.7%

Lower than 92% of suburb / locality areas.

  • 2011: 14.4%
  • 2016: 16.7%
  • 2021: 17.7%

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

How homes are owned or rented

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In Pyrmont, Rented is the majority at 62%; Owned with a mortgage is next at 18%.

Types of homes

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.

  • 2011: 1.30
  • 2016: 1.20
  • 2021: 1.10

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

0.0% ▼ -100.0%

Lower than 99% of suburb / locality areas.

  • 2011: 0.3%
  • 2016: 1.1%
  • 2021: 0.0%

Share of occupied private dwellings that are separate houses.

22.6% ▲ +1.0%

Lower than 99% of suburb / locality areas.

  • 2011: 22.4%
  • 2016: 22.2%
  • 2021: 22.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Pyrmont, Flat or apartment is the majority at 94%; Townhouse / semi-detached is next at 6%.

Bedrooms per home

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In Pyrmont, 2 bedrooms is the majority at 52%; 1 bedroom is next at 24%.

Sources

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

More for Pyrmont

Cite this page

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