$187 —
Lower than 81% of urban centre areas.
- 2016: $290
- 2021: $187
Median weekly rent paid by households renting their home.
Peak Hill · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
A massive gap in housing costs separates Peak Hill from the rest of the state, where typical monthly mortgage payments are far below the New South Wales figure. Most people here live in detached houses, though the proportion of renters has risen significantly over the last decade. The area is marked by very affordable housing and a high number of homes owned outright.
All urban centre areas, 2021. The marker is Peak Hill — lower than 81% of areas.
| Peak Hill | $187 |
|---|---|
| 2869, NSW | $195 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments of $715 and weekly rents of $187 are both far below the national and state figures. These costs have fallen since 2011 and 2016, and nearly half of all mortgage holders pay under $1,000 a month.
$187 —
Lower than 81% of urban centre areas.
Median weekly rent paid by households renting their home.
$715 ▼ -48.3%
Lower than 92% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
Peak Hill splits fairly evenly between $200–$349 (50%) and Under $200 (46%), with $350–$549 at 4%.
In Peak Hill, Under $1,000 is the majority at 67%; $1,000–$1,799 is next at 21%.
How homes are owned or rented.
Outright home ownership is far above the national average at 44%, although this has fallen since 2011. At the same time, the share of households renting rose by 9.2 percentage points over that period to reach 31.8%.
31.8% ▲ +41.0%
Higher than 76% of urban centre areas.
Share of occupied private dwellings that are rented.
44.0% ▼ -9.2%
Higher than 65% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Peak Hill, the largest group is Owned outright at 44%, followed by Rented (32%) and Owned with a mortgage (17%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 91.8% of all homes, a figure far above the state and national averages. While 70.1% of homes have three or more bedrooms, the number of people per bedroom has fallen to 0.70 since 2011.
0.70 ▼ -30.0%
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
91.8% ▲ +10.9%
Lower than 59% of urban centre areas.
Share of occupied private dwellings that are separate houses.
70.1% ▼ -12.4%
Lower than 75% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Peak Hill, Separate house is the majority at 94%; Other dwelling is next at 3%.
In Peak Hill, 3 bedrooms is the majority at 53%; 2 bedrooms is next at 22%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Peak Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL121094/peak-hill/topic/housing-dwellings