Powered by .id (informed decisions) for MidCoast Council
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LEARN MORE ABOUT .idIn Taree, 3.7% 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 Taree 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.
Q:
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.)'
| Weekly housing rental payments | |||
|---|---|---|---|
| Taree - Households (Enumerated) | 2021 | ||
| Weekly rental amount | Number | % | MidCoast Council area % |
| Less than $100 | 31 | 1.2 | 1.1 |
| $100-$149 | 86 | 3.4 | 2.9 |
| $150-$199 | 282 | 11.3 | 8.9 |
| $200-$249 | 380 | 15.2 | 11.6 |
| $250-$299 | 498 | 19.9 | 15.4 |
| $300-$349 | 470 | 18.8 | 17.6 |
| $350-$399 | 378 | 15.1 | 16.0 |
| $400-$449 | 166 | 6.6 | 10.4 |
| $450-$499 | 56 | 2.2 | 6.4 |
| $500-$549 | 16 | 0.6 | 2.4 |
| $550-$649 | 13 | 0.5 | 1.9 |
| $650-$749 | 3 | 0.1 | 0.5 |
| $750-$849 | 0 | -- | 0.1 |
| $850+ | 5 | 0.2 | 0.5 |
| Not stated | 120 | 4.8 | 4.3 |
| Total households renting | 2,504 | 100.0 | 100.0 |
Dominant groups
Analysis of the weekly housing rental payments of households in Taree compared to MidCoast Council area shows that there was a smaller proportion of households paying high rental payments ($450 per week or more), and a larger proportion of households with low rental payments (less than $250 per week).
Overall, 3.7% of households were paying high rental payments, and 31.1% were paying low payments, compared with 11.8% and 24.5% respectively in MidCoast Council area.
The major differences between the housing rental payments of Taree and MidCoast Council area were:
- A larger percentage of $250-$299 (19.9% compared to 15.4%)
- A larger percentage of $200-$249 (15.2% compared to 11.6%)
- A smaller percentage of $450-$499 (2.2% compared to 6.4%)
- A smaller percentage of $400-$449 (6.6% compared to 10.4%)
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