Suburb Profile Report for Woolooware NSW (2230)

Woolooware House: Median price $1,680,000, Annual capital growth 9.20%, Number of sales 45, Weekly median advertised rent $873

Woolooware Unit: Median price $787,500, Annual capital growth 6.13%, Number of sales 92, 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 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 15.86%

Woolooware,2230 was ranked 594 in Australia by increase in median property value over the quarter.

Vendor discounting in Woolooware is giving property investors an average Vendor Discount of around -2.59%. This puts suburb at number 1163th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $872.5 weekly from the median priced house in this suburb.

Property value increases in Woolooware have tracked close to the NSW average of 6.22% over the last 12 months.

Comparing Woolooware,2230 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -2.92% to buyers in Woolooware at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Woolooware the average time real estate has been on the market is 31.11 days.

Woolooware, 2230’s gross rental yield is 2.84%

Metrics i HOUSE UNIT
$1,680,000 $787,500
6.16% 0.96%
15.86% 6.42%
9.20% 6.13%
$873 $430
45 92
2.70% 2.84%
55.05 31.11

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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