$515 ▲ +134.1%
Higher than 93% of state electorate areas.
- 2011: $220
- 2016: $505
- 2021: $515
Median weekly rent paid by households renting their home.
Lane Cove · State Electorate
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments of $3,000 are among the highest for similar areas, making Lane Cove a very expensive place to live. The area has seen a sharp shift in its housing landscape over the last decade, with far fewer detached houses and a growing number of renters.
All state electorate areas, 2021. The marker is Lane Cove — higher than 93% of areas.
| Lane Cove | $515 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are well above the national figure at $515. Mortgage costs have climbed steeply, with the typical monthly payment rising by $1,585 since 2011 to reach $3,000, which is far above the Australian figure of $1,863.
$515 ▲ +134.1%
Higher than 93% of state electorate areas.
Median weekly rent paid by households renting their home.
$3,000 ▲ +112.0%
Higher than 99% of state electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Lane Cove, the largest group is $350–$549 at 42%, followed by $550–$749 (29%) and $750 or more (15%).
In Lane Cove, $3,000 or more is the majority at 51%; $1,800–$2,999 is next at 28%.
How homes are owned or rented.
More people rent here than in most areas, with 36.2% of households renting, a figure well above the state average. Meanwhile, the share of homes owned outright has fallen by 9.5 percentage points since 2011.
36.2% ▲ +36.5%
Higher than 73% of state electorate areas.
Share of occupied private dwellings that are rented.
29.1% ▼ -24.5%
Lower than 58% of state electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
Lane Cove splits fairly evenly between Rented (36%) and Owned with a mortgage (32%), with Owned outright at 29%.
Houses, townhouses, apartments and bedrooms.
Apartments are now the most common home type at 47.9%, while separate houses have fallen by 44 percentage points since 2011 to 43.3%. This shift helps explain why the area has far fewer three-bedroom homes than the state or national figures.
1.00 ▼ -9.1%
Higher than 93% of state electorate areas.
Average number of usual residents per bedroom — a crowding measure.
43.3% ▼ -50.4%
Lower than 90% of state electorate areas.
Share of occupied private dwellings that are separate houses.
52.0% ▼ -27.9%
Lower than 91% of state electorate areas.
Share of occupied private dwellings with three or more bedrooms.
Lane Cove splits fairly evenly between Flat or apartment (48%) and Separate house (43%), with Townhouse / semi-detached at 9%.
In Lane Cove, the largest group is 2 bedrooms at 33%, followed by 3 bedrooms (24%) and 4 bedrooms (18%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lane Cove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED10044/lane-cove/topic/housing-dwellings