Suburb Profile Report for Woolloomooloo NSW (2011)

Woolloomooloo House: Median price $1,625,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $720

Woolloomooloo Unit: Median price $751,250, Annual capital growth 5.93%, Number of sales 78, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If we look at median property appreciation over just the last three months, Woolloomooloo has given property investors a paper return of 7.97%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in NSW

Advertised rents are around the $720 mark per week – giving a return of 2.30% based on the median price in Suburb

Giving property investors a an unimpressive capital gain of -4.30% for the last year, Woolloomooloo, 2011 is the 1367th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Woolloomooloo,2011 has racked up an average of -4.30% over the period. This ranks it number 583th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Woolloomooloo is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in NSW

At number 149 in a list of fastest selling suburbs, Woolloomooloo is in the TOP 20% of suburbs in Australia with an average of days on market 44.3 for properties listed there.

Woolloomooloo is 291th on a list of best yielding suburbs for rents in NSW with a 4.15% return

HOUSE UNIT
$1,625,000 $751,250
7.97% -0.33%
N/A -4.30%
N/A 5.93%
$720 $600
13 78
2.30% 4.15%
N/A 44.3

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 3715
Median household income ($/weekly) 1383
Median age of persons 36
Median housing loan repayment ($/monthly) 2325
Average household size 1.7
  • Census Count Percent(%)
    20-24 years 330 8.9
    25-34 years 1053 28.3
    35-44 years 641 17.3
    45-54 years 487 13.1
    55-64 years 491 13.2
    Others 713 19.2
    Age Group
    Census Count Percent(%)
    Not Married 1626 61.7
    Registered Married 539 20.5
    Defacto Relationship 469 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1677 54.8
    Papua New Guinea 149 4.9
    United Kingdom 239 7.8
    Viet Nam 61 2.0
    Other 343 11.2
    Others 592 19.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 135 4.6
    Christianity 1571 53.9
    Islam 54 1.9
    Judaism 46 1.6
    No Religion 1064 36.5
    Others 45 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 130 8.3
    $400-$599 115 7.4
    $1,500-$1,999 148 9.5
    $2,500-$2,999 257 16.5
    $4,000 or more 121 7.8
    Others 789 50.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1396 48.6
    Not in the labour force 873 30.4
    Employed, worked part-time 382 13.3
    Unemployed, looking for work 128 4.5
    Employed, away from work 93 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 376 20.1
    Professionals 733 39.2
    Technicians & trades workers 127 6.8
    Community & personal service workers 153 8.2
    Clerical & administrative workers 226 12.1
    Others 257 13.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 64 13.7
    Secondary 53 11.3
    Technical or Further Educational Institution 76 16.2
    University or other Tertiary Institutions 207 44.2
    Other type of educational institution 56 12.0
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2096 72.0
    Semi-detached, row or terrace house, townhouse 794 27.3
    Separate house 17 0.6
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1227 73.7
    Being purchased 234 14.1
    Fully owned 192 11.5
    Other tenure type 12 0.7
    Tenure Type
Census 2011, ABS
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