$270 —
Lower than 51% of urban centre areas.
- 2016: $230
- 2021: $270
Median weekly rent paid by households renting their home.
Inverell · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
A shift in how people live has swept through Inverell since 2011, with renting increasing by 15 percentage points. The typical monthly mortgage payment has also dropped significantly to $1,127. These changes highlight a housing market that is far more affordable than the state or national figures.
All urban centre areas, 2021. The marker is Inverell — lower than 51% of areas.
| Inverell | $270 |
|---|---|
| 2360, NSW | $270 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $270, which is well below the New South Wales figure of $420. Mortgage costs are also much lower than most areas, with a typical monthly payment of $1,127.
$270 —
Lower than 51% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,127 ▼ -36.3%
Lower than 69% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Inverell, $200–$349 is the majority at 61%; Under $200 is next at 23%.
In Inverell, $1,000–$1,799 is the majority at 53%; Under $1,000 is next at 34%.
How homes are owned or rented.
Renting is much more common here than in most similar areas, with 37.7% of households renting. This is well above the national figure of 30.6%, while homes owned outright make up 32.3% of the total.
37.7% ▲ +66.4%
Higher than 85% of urban centre areas.
Share of occupied private dwellings that are rented.
32.3% ▲ +25.8%
Lower than 71% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Inverell, the largest group is Rented at 38%, followed by Owned outright (32%) and Owned with a mortgage (25%).
Houses, townhouses, apartments and bedrooms.
Separate houses are very common, making up 84.9% of homes, which is far above the national figure of 72.3%. Most of these are larger homes, with 74.8% having three or more bedrooms.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
84.9% ▼ -13.4%
Lower than 82% of urban centre areas.
Share of occupied private dwellings that are separate houses.
74.8% ▼ -21.9%
Lower than 59% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Inverell, Separate house is the majority at 85%; Townhouse / semi-detached is next at 12%.
In Inverell, 3 bedrooms is the majority at 50%; 4 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Inverell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL114015/inverell/topic/housing-dwellings