Suburb Profile Report for Warrawong NSW (2502)

Warrawong House: Median price $451,000, Annual capital growth 6.58%, Number of sales 58, Weekly median advertised rent $390

Warrawong Unit: Median price $401,000, Annual capital growth 26.12%, Number of sales 14, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 10.67% for the last 12 months, Warrawong, 2502 has performed for property investments than its average annual 6.58% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warrawong has increased when compared to the 5 year average annual rate.

At number 905th of NSW’s most discounted properties, Warrawong is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.58%, investors should hope to achieve an overall return of 4.50%

Warrawong, 2502 ranked 20th 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

Taking the average capital gain, or increase in median house value, Warrawong,2502 has racked up an average of 29.56% over the period. This ranks it number 6th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Warrawong are currently offering property investors an average price cut of -0.71% below the asking price at the moment.

The NSW suburb of Warrawong, 2502 is in the Wollongong local government area.

Metrics i HOUSE UNIT
$451,000 $401,000
3.09% 12.97%
10.67% 29.56%
6.58% 26.12%
$390 $285
58 14
4.50% 3.70%
61.87 29.1

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
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Recent sales & rentals