1338.1 - New South Wales in Focus, 2008 (Reissue)  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/06/2008  Reissue
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Image: Housing
HOUSING
Housing – Statistical Highlights
A data cube with detailed statistics is available on the Details Page
HOUSING(a), Summary table, NSW

2000
2001
2002
2003
2004
2005
2006
2007

Selected characteristics

1. Occupied private dwellings(b) '000
na
2 343.7
na
na
na
na
2 470.5
na
2. Dwellings completed '000
51.5
42.6
36.1
44.1
r43.8
r44.6
r36.4
30.0
3. Average number of persons in household no.
2.63
2.66
na
2.56
2.62
na
2.60
na
4. Average number of bedrooms in dwelling no.
2.96
2.98
na
2.97
3.02
na
3.05
na

Tenure

5. Owner without a mortgage %
40.1
41.1
na
37.5
35.4
na
34.9
na
6. Owner with a mortgage %
30.3
30.4
na
29.8
33.2
na
33.5
na
7. Renter – private landlord %
20.8
22.6
na
23.4
22.4
na
22.8
na
8. Renter – state housing authority %
6.1
5.0
na
5.5
r5.1
na
5.0
na

Housing costs

9. Established house price index – Sydney(c)(d) no.
na
na
81.6
93.7
97.7
94.2
94.3
98.2
10. Established house price index – percentage change – Sydney(c)(e) %
na
na
na
14.8
4.3
–3.6
0.1
4.1
11. Mean weekly private rent – Sydney $
186
214
na
240
253
na
294
na
12. First home buyers, average loan – NSW $'000
169.3
155.5
180.9
204.6
241.0
r259.5
r261.0
257.5
13. Housing loan interest rate(f) %
7.0
7.6
6.3
6.6
6.9
7.1
7.3
7.9

Housing costs as a proportion of gross income, median ratio(g)(h)(i)

14. Recent home buyers – last 3 years – Sydney(j) %
23
24
na
25
26
na
26
na
15. Owners with a mortgage – Sydney %
20
21
na
21
23
na
22
na
16. Private renter – Sydney %
23
23
na
22
22
na
23
na
17. Recent home buyers–last 3 years – Bal. of NSW(j) %
*18
21
na
21
16
na
16
na
18. Owners with a mortgage – Bal. of NSW %
16
r19
na
18
18
na
19
na
19. Private renter – Bal. of NSW %
25
23
na
25
20
na
23
na

Housing demand

20. Rental vacancy rate – Sydney %
na
2.9
4.1
4.2
3.6
2.8
2.4
1.6
Finance commitments(k)
21. Owner occupied dwellings – number(l) '000
185.9
188.2
210.4
203.2
205.2
r188.3
r209.9
224.0
22. Owner occupied dwellings – value $m
25 823
24 280
31 750
31 820
34 397
r33 036
r37 323
39 611
23. Investor dwellings – value $m
16 101
15 513
22 459
31 178
35 629
r28 779
r27 477
26 182
24. Value of investor dwellings – share of all dwellings value %
38.4
39.0
41.4
49.5
50.9
46.6
42.4
39.8

Housing assistance

25. Households in social housing '000
135.8
137.5
138.3
138.7
139.4
139.4
139.2
139.3
26. New public housing tenancies '000
na
11.6
10.8
10.0
10.0
9.1
9.0
8.9
27. Households receiving private rental assistance '000
na
38.4
39.6
38.3
36.1
35.5
35.4
33.3
28. Supported accommodation clients '000
25.8
25.9
26.5
25.5
25.1
24.2
26.0
nya

* estimate has a relative standard error of 25% to 50% and should be used with caution
na not available
nya not yet available
r revised
(a) Year ended 30 June unless otherwise stated.
(b) Calendar year.
(c) Reference base of each index 2003–04 = 100.0.
(d) Reference period is June quarter.
(e) Percentage change from corresponding quarter of previous year.
(f) Standard variable rate quoted by banks to owner-occupiers; average of monthly readings.
(g) Comparisons between different tenures should be made with caution (see footnote (c) of Table 7.3).
(h) Excludes households with nil or negative income.
(i) Estimates for 2003–04 have been revised to include all salary sacrificed income and housing costs, in line with the treatment in 2005–06.
(j) Includes owners with and without mortgages.
(k) Excludes refinancing, revolving credit, and alterations and additions.
(l) Number of new finance commitments.
HOUSING, Data sources

Summary table indicators
Chapter tables

ABS 2006 Census of Population and Housing.
1
7.2; 7.6
ABS Survey of Income and Housing
3–8;11;14–19
7.3; 7.4; 7.5
Australian Census Analytic Program: Counting the Homeless (cat. no. 2050.0)
. .
7.9
Australian Institute of Health and Welfare (AIHW), Homeless People in SAAP: SAAP National Data Collection Annual Report 2005–06, NSW Supplementary Tables (AIHW cat. no. HOU 157)
28
7.8
Building Activity, Australia (cat. no. 8752.0)
2
. .
House Price Indexes, Eight Capital Cities (cat. no. 6416.0)
9–10
. .
Housing Finance, Australia (cat. no. 5609.0)
12;21–22;24
. .
Housing Occupancy and Costs, Australia (cat. no. 4130.0.55.001) 
3–8;11;14–19
7.3; 7.4; 7.5
Lending Finance, Australia (cat. no. 5671.0)
23–24
. .
NSW Department of Housing, 2006–07 Annual Report
25–27
7.7
Real Estate Institute NSW (REINSW), Rental Vacancy Survey
20
. .
Reserve Bank Bulletin, Table F05, Indicator Lending Rates
13
. .

. . not applicable

17/06/2008 Note: This amendment corrects a typographical error in Table 1 'Housing, Summary Table, NSW' in the Housing data cube. No data were affected.