Lane Cove's homes lean towards the apartment
Apartment living sets Lane Cove apart from the state. 62% of occupied homes are flats or apartments, above the 22% across NSW. Separate houses make up 30% of occupied homes, below 66% across NSW, and townhouses, terraces and semi-detached houses come to 7%, below the state's 12%. The figures suggest that apartment buildings play a larger part in Lane Cove's housing than they do across NSW.
On bedrooms, the smaller end stands out. 55% of homes have two bedrooms or fewer, above the 30% across NSW. Three-bedroom homes account for 25%, below 35%, and 19% have four or more bedrooms, below the state's 34%. Unoccupied dwellings matched the state on Census night, with 9% of private dwellings in Lane Cove unoccupied and 9% across NSW.
Higher incomes, higher repayments in Lane Cove
At $2,539 a week, the median household income in Lane Cove is above the NSW figure of $1,829. The median mortgage repayment is also above the state, at $2,905 a month against $2,167, and the median rent of $533 a week is above the $420 across NSW.
Taking the median weekly rent as a share of the median weekly income of all Lane Cove households, renters or not, gives 21%. That number is worked out on this page from those two medians, and it sits below the 23% across NSW. It describes how the two medians relate, not the costs of any particular household.
37% of households in Lane Cove rent, above 33% across NSW, and of those renting households, 83% rent from a landlord the ABS records as a real estate agent, above the state's 69%. Outright owners make up 27% of households, below 32% across NSW, while the 33% paying off a mortgage is the same as the NSW share.
Who was counted in Lane Cove
Among people aged five and over in Lane Cove, 46% lived at the same address five years earlier, based on one 2021 question about where they lived in 2016, compared with 54% across NSW.
The suburb of Lane Cove counted 12,363 people at the 2021 Census. The median age is 38 years, below the 39 across NSW, and an average household holds 2.4 people, below the state's 2.6. Taken one at a time, these figures suggest a younger population than the state's and households with fewer people in them.