Suburb Profile Report for Woolloomooloo NSW (2011)

Woolloomooloo House: Median price $1,725,000, Annual capital growth 21.47%, Number of sales 12, Weekly median advertised rent $795

Woolloomooloo Unit: Median price $985,000, Annual capital growth 9.95%, Number of sales 101, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Woolloomooloo, 2011 have given investors a capital gain of 38.00%. This compares very favourably with the 7.47% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Woolloomooloo,2011 has racked up an average of 38.00% over the period. This ranks it number 22th in the whole country for real estate investors looking at median house price increases.

The NSW suburb of Woolloomooloo, 2011 is in the Sydney local government area.

Property investors who have had real estate in Woolloomooloo, 2011 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 29.61%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woolloomooloo has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Woolloomooloo, 2011. Typically our figures indicate that -6.09% is being offered, which puts this NSW suburb at 485th most discounted overall in Australia.

Using the current median advertised rental of $600 and the average annual increase in value of a median property of 9.95%, investors should hope to achieve an overall return of 3.17%

Metrics i HOUSE UNIT
$1,725,000 $985,000
-1.43% 3.58%
38.00% 29.61%
21.47% 9.95%
$795 $600
12 101
2.40% 3.17%
N/A 43.33

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Woolloomooloo NSW
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
Chart Table
Recent sales & rentals