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LEARN MORE ABOUT .idIn Kincumber South - Bensville - Empire Bay - Killcare, 46.4% 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 Kincumber South - Bensville - Empire Bay - Killcare 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.
'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'
Weekly housing rental payments | |||
---|---|---|---|
Kincumber South - Bensville - Empire Bay - Killcare - Households (Enumerated) | 2021 | ||
Weekly rental amount | Number | % | Wyong District % |
Less than $100 | 5 | 1.1 | 2.0 |
$100-$149 | 5 | 1.1 | 6.9 |
$150-$199 | 13 | 2.9 | 4.6 |
$200-$249 | 36 | 8.1 | 5.1 |
$250-$299 | 29 | 6.5 | 5.6 |
$300-$349 | 29 | 6.5 | 9.8 |
$350-$399 | 39 | 8.7 | 17.5 |
$400-$449 | 63 | 14.1 | 18.2 |
$450-$499 | 46 | 10.3 | 11.7 |
$500-$549 | 37 | 8.3 | 5.6 |
$550-$649 | 62 | 13.9 | 6.4 |
$650-$749 | 25 | 5.6 | 1.3 |
$750-$849 | 17 | 3.8 | 0.5 |
$850+ | 20 | 4.5 | 0.2 |
Not stated | 20 | 4.5 | 4.5 |
Total households renting | 446 | 100.0 | 100.0 |
Analysis of the weekly housing rental payments of households in Kincumber South - Bensville - Empire Bay - Killcare compared to the Wyong District 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, 46.4% of households were paying high rental payments, and 13.2% were paying low payments, compared with 25.8% and 18.6% respectively in the Wyong District.
The major differences between the housing rental payments of Kincumber South - Bensville - Empire Bay - Killcare and the Wyong District were:
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