$520 ▲ +20.9%
Higher than 94% of suburb / locality areas.
- 2011: $430
- 2016: $510
- 2021: $520
Median weekly rent paid by households renting their home.
Russell Lea · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Housing costs in Russell Lea have climbed significantly, with typical monthly mortgage payments now reaching $3,290. This makes it one of the most expensive areas for homeowners and renters alike. Most residents live in separate houses, though a smaller number of large homes compared to the national average means bedrooms are used more intensively.
All suburb / locality areas, 2021. The marker is Russell Lea — higher than 94% of areas.
| Russell Lea | $520 |
|---|---|
| 2046, NSW | $570 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $3,290, which is far above the national figure of $1,863. Renting is also expensive here, with typical weekly rents of $520, which is well above the Australian average of $375.
$520 ▲ +20.9%
Higher than 94% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$3,290 ▲ +9.7%
Higher than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Russell Lea, the largest group is $350–$549 at 32%, followed by $550–$749 (25%) and $750 or more (23%).
In Russell Lea, $3,000 or more is the majority at 59%; $1,800–$2,999 is next at 18%.
How homes are owned or rented.
More people own their homes outright here than in most areas, with 37.5% of households owning their place fully. At the same time, 25.6% of households rent, which is well below the New South Wales figure of 32.6%.
25.6% ▲ +4.1%
Higher than 72% of suburb / locality areas.
Share of occupied private dwellings that are rented.
37.5% ▼ -2.6%
Lower than 61% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Russell Lea splits fairly evenly between Owned outright (38%) and Owned with a mortgage (35%), with Rented at 26%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 68.3% of homes, though this is much lower than in most similar areas. With 69.6% of homes having three or more bedrooms, the area is slightly more crowded than the national average, with 0.90 people per bedroom.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
68.3% ▼ -2.0%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
69.6% ▲ +11.8%
Lower than 73% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Russell Lea, Separate house is the majority at 68%; Flat or apartment is next at 23%.
In Russell Lea, the largest group is 3 bedrooms at 38%, followed by 2 bedrooms (25%) and 4 bedrooms (23%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Russell Lea [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13462/russell-lea/topic/housing-dwellings