Suburb Profile Report for Warrawong NSW (2502)

Warrawong House: Median price $454,500, Annual capital growth 6.80%, Number of sales 53, Weekly median advertised rent $400

Warrawong Unit: Median price $403,000, Annual capital growth 24.98%, Number of sales 14, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Warrawong, 2502 ranked 662th in NSW when comparing growth in median property values or capital gain over the last 12 months. Warrawong is one of 3163 in our list for NSW

Warrawong,2502 has offered an average of 10.18% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Warrawong is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 853th in terms of most discounted suburbs in NSW

Residents and property investors in Warrawong have been waiting around 42.89 days to sell a property.

Situated 74.74km from the CBD, Warrawong is one of Wollongong localities in the postcode 2502.

Property investors who have had real estate in Warrawong, 2502 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 20.30%

Across a shorter period, Warrawong, 2502 has seen a median price increase of 13.54% over the last quarter.

Property investors looking for a bargain in Warrawong should be aiming for at least -2.03% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 14 properties changed hands in Warrawong, which puts it as the 524th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$454,500 $403,000
3.06% 13.54%
10.18% 20.30%
6.80% 24.98%
$400 $290
53 14
4.58% 3.74%
42.89 28.6

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Warrawong NSW
Demographics
Total population 4765
Median household income ($/weekly) 646
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 578 12.1
    25-34 years 582 12.2
    35-44 years 567 11.9
    45-54 years 591 12.4
    55-64 years 544 11.4
    Others 1903 39.9
    Age Group
    Census Count Percent(%)
    Not Married 1865 52.7
    Registered Married 1425 40.3
    Defacto Relationship 247 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2678 60.4
    Germany 322 7.3
    Japan 318 7.2
    United Kingdom 119 2.7
    Other 473 10.7
    Others 522 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 75 1.7
    Christianity 3472 78.4
    Hinduism 19 0.4
    Islam 219 4.9
    No Religion 626 14.1
    Others 16 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 145 8.6
    $300-$399 261 15.5
    $400-$599 299 17.8
    $600-$799 208 12.4
    $800-$999 156 9.3
    Others 612 36.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2146 59.8
    Employed, worked full-time 732 20.4
    Employed, worked part-time 409 11.4
    Unemployed, looking for work 210 5.8
    Employed, away from work 94 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 144 11.6
    Technicians & trades workers 206 16.6
    Community & personal service workers 135 10.9
    Clerical & administrative workers 145 11.7
    Labourers 247 19.9
    Others 362 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 88 9.6
    Infants/Primary 330 35.9
    Secondary 254 27.6
    Technical or Further Educational Institution 121 13.2
    University or other Tertiary Institutions 102 11.1
    Others 24 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3396 75.3
    Semi-detached, row or terrace house, townhouse 567 12.6
    Flat, unit or apartment 545 12.1
    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 841 47.2
    Fully owned 680 38.2
    Being purchased 248 13.9
    Other tenure type 11 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals