$450 ▲ +24.0%
Higher than 88% of suburb / locality areas.
- 2011: $363
- 2016: $400
- 2021: $450
Median weekly rent paid by households renting their home.
Rankin Park · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 99.2% of all homes in Rankin Park, creating a landscape almost entirely of detached dwellings. This makes the area far more house-heavy than the state and national figures. While most residents own their homes, those who do pay typical monthly mortgage costs and weekly rents that are much higher than most similar areas.
All suburb / locality areas, 2021. The marker is Rankin Park — higher than 88% of areas.
| Rankin Park | $450 |
|---|---|
| 2287, NSW | $400 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical weekly rent is $450 and the typical monthly mortgage payment is $2,000, both of which are much higher than in most similar areas. These figures are about the same as the New South Wales and national averages.
$450 ▲ +24.0%
Higher than 88% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,000 ▲ +11.1%
Higher than 72% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Rankin Park, $350–$549 is the majority at 74%; $550–$749 is next at 13%.
In Rankin Park, the largest group is $1,800–$2,999 at 48%, followed by $1,000–$1,799 (24%) and Under $1,000 (16%).
How homes are owned or rented.
Home ownership is very strong here, with 42.5% of homes owned outright, which is far above the state and national figures. Conversely, only 11.9% of households rent, a rate far below that of New South Wales and Australia.
11.9% ▲ +11.0%
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings that are rented.
42.5% ▼ -2.9%
Higher than 54% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Rankin Park splits fairly evenly between Owned with a mortgage (45%) and Owned outright (42%), with Rented at 12%.
Houses, townhouses, apartments and bedrooms.
Almost every home here is a separate house, with 97.7% having three or more bedrooms, far above the state average. This high proportion of large homes is reflected in the fact that there are 0.80 people per bedroom, which is higher than in most areas.
0.80 ▼ -20.0%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
99.2% ▲ +1.4%
Higher than 66% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
97.7% ▲ +1.0%
Higher than 95% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Rankin Park, Separate house is the majority at 99%; Townhouse / semi-detached is next at 1%.
In Rankin Park, 3 bedrooms is the majority at 57%; 4 bedrooms is next at 33%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Rankin Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13328/rankin-park/topic/housing-dwellings