Suburb Profile Report for Woolgoolga NSW (2456)

Woolgoolga House: Median price $450,000, Annual capital growth 2.02%, Number of sales 88, Weekly median advertised rent $410

Woolgoolga Unit: Median price $399,000, Annual capital growth -0.18%, Number of sales 34, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2395th in the list of Australian suburbs ordered by increase in median house value over the last year, Woolgoolga, 2456 is in the BOTTOM 50% with a property value increase of 3.45% recorded in median house prices.

The five-year average increase in median property values for Woolgoolga,2456 has given property investors a potential capital gain of 15.38% across each of those five years.

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 Woolgoolga, 2456. Typically our figures indicate that -3.48% is being offered, which puts this NSW suburb at 3424th most discounted overall in Australia.

With the median price for a house in Woolgoolga being $450000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.74%

Woolgoolga is an average performer in NSW when comparing median price capital growth over the last year. Woolgoolga gave property investors a good capital gain figure when compared to the rest of the state, with 8.42%.

Woolgoolga,2456 has offered an average of 8.42% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -3.49% to buyers in Woolgoolga at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Woolgoolga the average time real estate has been on the market is 121.8 days.

Woolgoolga, 2456’s gross rental yield is 4.69%

Metrics i HOUSE UNIT
$450,000 $399,000
2.27% 2.44%
3.45% 8.42%
2.02% -0.18%
$410 $360
88 34
4.74% 4.69%
82.36 121.8

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5050
Median household income ($/weekly) 784
Median age of persons 45
Median housing loan repayment ($/monthly) 1603
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 632 12.5
    35-44 years 555 11.0
    45-54 years 654 13.0
    55-64 years 746 14.8
    65-74 years 520 10.3
    Others 1943 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 1937 51.4
    Not Married 1543 40.9
    Defacto Relationship 292 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3896 80.9
    Indonesia 410 8.5
    Papua New Guinea 49 1.0
    United Kingdom 241 5.0
    Other 108 2.2
    Others 111 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.8
    Christianity 2915 62.2
    Islam 27 0.6
    Other Religious Groups 692 14.8
    No Religion 997 21.3
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 181 10.6
    $400-$599 327 19.1
    $600-$799 234 13.6
    $800-$999 205 12.0
    $1,000-$1,249 158 9.2
    Others 610 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1946 48.8
    Employed, worked full-time 966 24.2
    Employed, worked part-time 742 18.6
    Unemployed, looking for work 201 5.0
    Employed, away from work 136 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 358 19.4
    Professionals 247 13.4
    Technicians & trades workers 244 13.2
    Clerical & administrative workers 203 11.0
    Labourers 283 15.4
    Others 508 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 84 7.7
    Infants/Primary 393 35.9
    Secondary 332 30.3
    Technical or Further Educational Institution 173 15.8
    University or other Tertiary Institutions 80 7.3
    Others 33 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3751 79.2
    Flat, unit or apartment 340 7.2
    Semi-detached, row or terrace house, townhouse 333 7.0
    Caravan, cabin, houseboat 311 6.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 821 43.7
    Rented 622 33.1
    Being purchased 415 22.1
    Other tenure type 20 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals