$430 ▲ +72.0%
Higher than 80% of state electorate areas.
- 2011: $250
- 2016: $410
- 2021: $430
Median weekly rent paid by households renting their home.
Prospect · State Electorate
Housing & Dwellings in Prospect
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents in Prospect have jumped $180 since 2011, reflecting a broader rise in housing costs. Most residents live in larger homes, with 80.5% of dwellings having three or more bedrooms. While separate houses remain the most common choice, their share of the market has fallen over the last decade.
$430
▲ +72.0%
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Prospect — higher than 80% of areas.
| Prospect | $430 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly home loan payments are $2,180, which is much higher than most areas and rose $480 since 2011. Rents are also much higher than most areas, with the typical weekly cost at $430, which is a little above the national figure of $375.
$2,180 ▲ +28.2%
Higher than 81% of state electorate areas.
- 2011: $1,700
- 2016: $2,156
- 2021: $2,180
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Prospect, $350–$549 is the majority at 59%; $550–$749 is next at 16%.
Monthly mortgage distribution
View on map →In Prospect, the largest group is $1,800–$2,999 at 41%, followed by $3,000 or more (26%) and $1,000–$1,799 (21%).
Owning & renting
How homes are owned or rented.
About 31.2% of households rent, a figure higher than most areas, while 30.4% own their home outright. The proportion of those owning their home outright has fallen 7.3 points since 2011.
31.2% ▲ +4.7%
Higher than 60% of state electorate areas.
- 2011: 29.8%
- 2016: 27.2%
- 2021: 31.2%
Share of occupied private dwellings that are rented.
30.4% ▼ -19.5%
Lower than 53% of state electorate areas.
- 2011: 37.7%
- 2016: 32.8%
- 2021: 30.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Prospect splits fairly evenly between Owned with a mortgage (35%) and Rented (31%), with Owned outright at 30%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 73% of homes, though this is down 8.1 points since 2011. The area has far more large homes than the state average, with 80.5% having three or more bedrooms, which helps explain why there are more people per bedroom here than in most Australian areas.
0.90 ▼ -18.2%
Higher than 86% of state electorate areas.
- 2011: 1.10
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
73.0% ▼ -10.0%
Lower than 66% of state electorate areas.
- 2011: 81.1%
- 2016: 75.0%
- 2021: 73.0%
Share of occupied private dwellings that are separate houses.
80.5% ▲ +6.5%
Higher than 59% of state electorate areas.
- 2011: 75.6%
- 2016: 82.4%
- 2021: 80.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Prospect, Separate house is the majority at 73%; Townhouse / semi-detached is next at 16%.
Bedrooms per home
View on map →In Prospect, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (29%) and 2 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Prospect
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Prospect [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED10070/prospect/topic/housing-dwellings