$390 —
Higher than 86% of urban centre areas.
- 2016: $270
- 2021: $390
Median weekly rent paid by households renting their home.
Morisset - Cooranbong · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Nearly 89% of homes in Morisset - Cooranbong are separate houses, far more than the state average. This is a predominantly residential area where the housing stock is dominated by large family homes. Most households are either owning or renting at costs that are much higher than similar areas.
All urban centre areas, 2021. The marker is Morisset - Cooranbong — higher than 86% of areas.
| Morisset - Cooranbong | $390 |
|---|---|
| 2264, NSW | $395 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $1,907 and weekly rents are $390, both of which are much higher than in most similar areas. Since 2016, these costs have climbed, with typical monthly mortgage payments rising by $507 and weekly rents increasing by $120.
$390 —
Higher than 86% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,907 —
Higher than 86% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Morisset - Cooranbong, $350–$549 is the majority at 62%; $200–$349 is next at 26%.
In Morisset - Cooranbong, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (30%) and Under $1,000 (16%).
How homes are owned or rented.
Home ownership is strong here, with 37.2% of homes owned outright, which is well above the national figure. Meanwhile, the proportion of households renting fell 14 points since 2016 to 24.8%, a figure that is now well below the state and national averages.
24.8% —
Higher than 60% of urban centre areas.
Share of occupied private dwellings that are rented.
37.2% —
Lower than 58% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Morisset - Cooranbong, the largest group is Owned outright at 37%, followed by Owned with a mortgage (32%) and Rented (25%).
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, as 78.1% of dwellings have three or more bedrooms, well above the state average. With separate houses making up 88.6% of the market, there are fewer people per bedroom here than is typical across Australia.
0.70 —
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
88.6% —
Lower than 72% of urban centre areas.
Share of occupied private dwellings that are separate houses.
78.1% —
Higher than 53% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Morisset - Cooranbong, Separate house is the majority at 89%; Townhouse / semi-detached is next at 9%.
Morisset - Cooranbong splits fairly evenly between 3 bedrooms (36%) and 4 bedrooms (35%), with 2 bedrooms at 18%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Morisset - Cooranbong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL112014/morisset-cooranbong/topic/housing-dwellings