$250 —
Lower than 60% of suburb / locality areas.
- 2016: $160
- 2021: $250
Median weekly rent paid by households renting their home.
Terrace Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
High mortgage payments contrast with very low rents for those living in Terrace Creek. While the typical monthly loan payment is $2,530, the usual weekly rent is just $250, which is well below the national figure.
All suburb / locality areas, 2021. The marker is Terrace Creek — lower than 60% of areas.
| Terrace Creek | $250 |
|---|---|
| 2474, NSW | $280 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Homeowners face costs much higher than most areas, with typical monthly loan payments of $2,530. In contrast, the typical weekly rent is $250, which is far below the New South Wales figure of $420.
$250 —
Lower than 60% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,530 —
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 41%, ahead of Rented (24%).
In Terrace Creek, the largest group is Owned outright at 47%, followed by Rented (27%) and Other tenure (27%).
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than usual, with only 0.5 people per bedroom. This is among the lowest levels for similar areas and well below the Australian figure of 0.8.
0.50 —
Lower than 99% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Terrace Creek, Separate house is the majority at 100%.
In Terrace Creek, 4 bedrooms is the majority at 57%; 3 bedrooms is next at 43%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Terrace Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL13814/terrace-creek/topic/housing-dwellings