Suburb Profile Report for Woolooware NSW (2230)

Woolooware House: Median price $1,593,000, Annual capital growth 8.59%, Number of sales 43, Weekly median advertised rent $820

Woolooware Unit: Median price $780,000, Annual capital growth 5.95%, Number of sales 98, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Woolooware, 2230 should be relatively 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 9.86%

Across a shorter period, Woolooware, 2230 has seen a median price increase of 6.91% over the last quarter.

Our latest figures would indicate that property sellers in Woolooware are currently offering property investors an average price cut of -2.69% below the asking price at the moment.

Often selling an investment property can take time, and in Woolooware the average time real estate has been on the market is 64.05 days.

Using the current median advertised rental of $820 and the average annual increase in value of a median property of 8.59%, investors should hope to achieve an overall return of 2.68%

Woolooware, 2230 ranked 290th in NSW when comparing growth in median property values or capital gain over the last 12 months. Woolooware is one of 3163 in our list for NSW

A 87.01% growth in median value for property investors in Woolooware,2230 puts this suburb at number 268th in terms of best performing suburbs in NSW

At number 332th of NSW’s most discounted properties, Woolooware is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Woolooware have been waiting around 52.21 days to sell a property.

Metrics i HOUSE UNIT
$1,593,000 $780,000
6.91% 1.30%
9.86% 4.70%
8.59% 5.95%
$820 $430
43 98
2.68% 2.87%
64.05 52.21

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Woolooware NSW
Demographics
Total population 4209
Median household income ($/weekly) 1627
Median age of persons 38
Median housing loan repayment ($/monthly) 2400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 605 14.4
    25-34 years 485 11.5
    35-44 years 631 15.0
    45-54 years 602 14.3
    55-64 years 489 11.6
    Others 1397 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 1652 53.7
    Not Married 1161 37.7
    Defacto Relationship 265 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3317 82.3
    Japan 31 0.8
    Papua New Guinea 87 2.2
    United Kingdom 233 5.8
    Other 96 2.4
    Others 265 6.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.1
    Christianity 3192 80.8
    Hinduism 8 0.2
    Islam 15 0.4
    No Religion 683 17.3
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 108 8.0
    $1,500-$1,999 158 11.7
    $2,000-$2,499 147 10.9
    $2,500-$2,999 149 11.0
    $3,000-$3,499 125 9.3
    Others 663 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1333 42.2
    Not in the labour force 924 29.3
    Employed, worked part-time 706 22.4
    Employed, away from work 112 3.5
    Unemployed, looking for work 82 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 317 14.7
    Professionals 485 22.5
    Technicians & trades workers 309 14.4
    Community & personal service workers 234 10.9
    Clerical & administrative workers 370 17.2
    Others 438 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 88 8.5
    Infants/Primary 393 37.8
    Secondary 292 28.1
    Technical or Further Educational Institution 77 7.4
    University or other Tertiary Institutions 156 15.0
    Others 33 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2938 72.9
    Semi-detached, row or terrace house, townhouse 685 17.0
    Flat, unit or apartment 377 9.4
    Caravan, cabin, houseboat 27 0.7
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 585 39.8
    Fully owned 550 37.4
    Rented 324 22.0
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals