Suburb Profile Report for Wollongbar NSW (2477)

Wollongbar House: Median price $515,000, Annual capital growth 3.31%, Number of sales 61, Weekly median advertised rent $420

Wollongbar Unit: Median price $350,000, Annual capital growth 5.16%, Number of sales 19, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Wollongbar has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.20% to date .

A 21.75% growth in median value for property investors in Wollongbar,2477 puts this suburb at number 320th in terms of best performing suburbs in NSW

Wollongbar2477 is located in NSW which offers an average discount of -5.49% to property investors. Wollongbar itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $420 mark per week – giving a return of 4.24% based on the median price in Suburb

If you compare the increase in value of investment property in Wollongbar, 2477 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.27%.

The most recent median price for Wollongbar is $350000, with sellers offering an average of -2.80% off the asking price.

At number 1021 in a list of fastest selling suburbs, Wollongbar is in the bottom 40% of suburbs in Australia with an average of days on market 91.84 for properties listed there.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$515,000 $350,000
5.10% N/A
12.20% -1.27%
3.31% 5.16%
$420 $300
61 19
4.24% 4.46%
88.34 91.84

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Wollongbar NSW
Demographics
Total population 2395
Median household income ($/weekly) 1126
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 358 15.0
    35-44 years 351 14.7
    45-54 years 358 15.0
    55-64 years 353 14.7
    65-74 years 220 9.2
    Others 754 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 964 55.9
    Not Married 610 35.4
    Defacto Relationship 151 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2033 91.1
    Papua New Guinea 18 0.8
    South Africa 17 0.8
    United Kingdom 83 3.7
    Other 18 0.8
    Others 63 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1660 77.0
    No Religion 471 21.8
    Buddhism 14 0.6
    Hinduism 6 0.3
    Other Religious Groups 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 97 12.3
    $600-$799 105 13.3
    $1,000-$1,249 86 10.9
    $1,250-$1,499 82 10.4
    $1,500-$1,999 110 14.0
    Others 308 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 644 35.9
    Employed, worked full-time 598 33.4
    Employed, worked part-time 428 23.9
    Employed, away from work 68 3.8
    Unemployed, looking for work 54 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 11.7
    Professionals 244 22.3
    Technicians & trades workers 145 13.3
    Clerical & administrative workers 157 14.4
    Sales 136 12.5
    Others 282 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 48 8.4
    Infants/Primary 213 37.2
    Secondary 184 32.2
    Technical or Further Educational Institution 59 10.3
    University or other Tertiary Institutions 56 9.8
    Others 12 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2035 91.6
    Semi-detached, row or terrace house, townhouse 95 4.3
    Flat, unit or apartment 86 3.9
    House or flat attached to a shop, office 5 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 336 39.0
    Being purchased 325 37.7
    Rented 197 22.9
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals