Old Bar - Wallabi point
Housing rental payments
In Old Bar - Wallabi point, 18.8% of renting households were paying $450 or more per week in rent in 2021.
Rental payments can be a better measure of the cost of housing in Old Bar - Wallabi point than mortgage repayments because they are not contingent on length of occupancy or equity in the dwelling.
High rental payments may indicate desirable areas with mobile populations who prefer to rent, or a housing shortage, or gentrification. Low rental payments may indicate public housing (check Tenure Type), or areas where low income households move by necessity for a lower cost of living.
Rental payments are not directly comparable over time because of inflation. For comparison of rental payments over time, go to Housing Rental Quartiles.
Further reading: How can Councils influence affordable housing.
Derived from the Census questions:
'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'
Households renting their dwelling
| Weekly housing rental payments | |||||||
|---|---|---|---|---|---|---|---|
| Old Bar - Wallabi point - Households (Enumerated) | 2021 | ||||||
| Weekly rental amount | Number | % | Taree % | ||||
| Less than $100 | 0 | -- | 1.2 | 25950 | |||
| $100-$149 | 6 | 1.0 | 3.4 | 26000 | |||
| $150-$199 | 31 | 5.0 | 11.3 | 26001 | |||
| $200-$249 | 40 | 6.5 | 15.2 | 26002 | |||
| $250-$299 | 76 | 12.3 | 19.9 | 26003 | |||
| $300-$349 | 106 | 17.2 | 18.8 | 26004 | |||
| $350-$399 | 134 | 21.7 | 15.1 | 26005 | |||
| $400-$449 | 89 | 14.4 | 6.6 | 26006 | |||
| $450-$499 | 75 | 12.2 | 2.2 | 26007 | |||
| $500-$549 | 25 | 4.1 | 0.6 | 26008 | |||
| $550-$649 | 12 | 1.9 | 0.5 | 26009 | |||
| $650-$749 | 0 | -- | 0.1 | 26010 | |||
| $750-$849 | 4 | 0.6 | -- | 26011 | |||
| $850+ | 0 | -- | 0.2 | 26012 | |||
| Not stated | 19 | 3.1 | 4.8 | 26013 | |||
| Total households renting | 617 | 100.0 | 100.0 | ||||
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2021. Compiled and presented in profile.id by .id (opens a new window)(informed decisions).
(Enumerated data)
Compiled and presented in profile.id by .id (informed decisions).
Dominant groups
Analysis of the weekly housing rental payments of households in Old Bar - Wallabi point compared to Taree shows that there was a larger proportion of households paying high rental payments ($450 per week or more), and a smaller proportion of households with low rental payments (less than $250 per week).
Overall, 18.8% of households were paying high rental payments, and 12.5% were paying low payments, compared with 3.7% and 31.1% respectively in Taree.
The major differences between the housing rental payments of Old Bar - Wallabi point and Taree were:
- A larger percentage of $450-$499 (12.2% compared to 2.2%)
- A larger percentage of $400-$449 (14.4% compared to 6.6%)
- A smaller percentage of $200-$249 (6.5% compared to 15.2%)
- A smaller percentage of $250-$299 (12.3% compared to 19.9%)