Morisset - Cooranbong property market: the official numbers
What the census actually says about Morisset - Cooranbong, NSW — who lives there, what they pay, and what they do for work. Every figure below is ABS Census 2021 data, linked at the bottom so you can check it yourself.
The straight answer
Median rent in Morisset - Cooranbong was $390 a week at the 2021 Census — 4% above the national median. Repayments ($1,950/mo) ran ahead of rent ($1,690/mo), but not brutally.
The numbers that matter
The typical repayment ran at about 32% of the median household income. These are point-in-time medians from August 2021. Rents and repayments have moved since — repayments especially, after the 2022–24 rate rises — so compare places with them; don't price today with them.
Rent against the repayment
At the census, the typical monthly rent worked out to $1,690 against a typical mortgage repayment of $1,950:
What this gap does and doesn't tell you
The mortgage figure reflects loans and rates as at August 2021, before the 2022–24 rate rises — today's repayment on a new loan would be higher. The rent figure is what tenants were actually paying, not today's asking rents. The useful signal is the shape: where rent and repayments sit close together, buying has historically competed well with renting here; where repayments tower over rent, the market prices in growth. Run your own numbers with the mortgage vs invest tool or what can I afford?
The owner–renter split
22.9% of Morisset - Cooranbong households rent — that's the tenant pool an investor here would actually be renting into, and it's on the thin side.
Who calls Morisset - Cooranbong home
How to read an age profile
A heavy 25–44 band usually means family housing demand (and pressure on 3–4 bedroom stock); a heavy 65+ band signals downsizer and retiree demand (units, single-level living, proximity to health care). Morisset - Cooranbong's median age of 45 sits above the national median of 38.
Where the pay cheques come from
health care & social assistance employs 18.4% of Morisset - Cooranbong's 11,500 workers (Census 2021). Local housing demand rises and falls with it.
The upfront costs in NSW
Current sale prices live behind licensed feeds we won't republish. The costs of buying don't — they're public and exact:
- Stamp duty in New South Wales — exact duty and first-home-buyer concessions.
- What can I afford? — borrowing power, price range and all-in upfront cash.
- The official NSW price trend — ABS state-level values since 2011, interactive.
Questions people ask
What is the median rent in Morisset - Cooranbong?
At the 2021 Census the median rent in Morisset - Cooranbong was $390 a week — 4% above the national median ($375/wk). Rents have moved since 2021; check current listings for today's asking rents.
How many people live in Morisset - Cooranbong?
27,828 people at the 2021 Census, with a median age of 45 (national median: 38). Morisset - Cooranbong is one of New South Wales's significant urban areas as defined by the ABS.
What do people in Morisset - Cooranbong do for work?
The biggest employing industry is health care & social assistance, followed by construction (ABS Census 2021). The industry mix shapes how resilient local housing demand is.
The verdict
Your call
Rent covered roughly 87% of the typical repayment here — a middling shape. Owner-occupiers do fine in markets like this; an investor needs a sharper reason to pick it. The catch is concentration: health care & social assistance carries 18.4% of local jobs, and that cuts both ways — it drives housing demand in the good years and takes it away in the bad ones.
Everything above is August 2021 — before you act, pull current asking rents, vacancy and listing volumes for Morisset - Cooranbong. Then run your own numbers: what can I afford? for borrowing power and upfront cash, and the New South Wales stamp duty calculator for the tax bill.
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General information only — not financial or property advice. All figures are ABS Census 2021 ( official QuickStats for Morisset - Cooranbong, CC-BY 4.0), which predates the 2022–24 rate rises; conditions have moved since. Last reviewed 10 July 2026.