Suburb Profile Report for Woonona NSW (2517)

Woonona House: Median price $805,000, Annual capital growth 6.43%, Number of sales 129, Weekly median advertised rent $520

Woonona Unit: Median price $538,000, Annual capital growth 6.06%, Number of sales 95, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Woonona has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.33%

Across a shorter period, Woonona, 2517 has seen a median price increase of 1.26% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Woonona is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1049th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $6240 per annum or $520 every week.

Woonona has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.80% to date .

Over the longer term, Woonona has seen property prices show investors a 48.62% return over the last 3 years. This is worse than over the last 12 months

Woonona, 2517 is offering NSW ‘s 77th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

At number 94 in a list of fastest selling suburbs, Woonona is in the TOP 10% of suburbs in Australia with an average of days on market 39.53 for properties listed there.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.06%, investors should hope to achieve an overall return of 4.06%

Metrics i HOUSE UNIT
$805,000 $538,000
1.26% 0.47%
7.33% 9.80%
6.43% 6.06%
$520 $420
129 95
3.36% 4.06%
55.66 39.53

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11442
Median household income ($/weekly) 1237
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1449 12.7
    25-34 years 1292 11.3
    35-44 years 1592 13.9
    45-54 years 1594 13.9
    55-64 years 1315 11.5
    Others 4199 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 4356 51.8
    Not Married 3406 40.5
    Defacto Relationship 643 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 9295 84.7
    Papua New Guinea 107 1.0
    South Africa 77 0.7
    United Kingdom 724 6.6
    Other 192 1.7
    Others 581 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 117 1.1
    Christianity 8009 75.2
    Islam 58 0.5
    Other Religious Groups 34 0.3
    No Religion 2399 22.5
    Others 35 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 440 11.2
    $600-$799 364 9.3
    $1,500-$1,999 467 11.9
    $2,000-$2,499 378 9.6
    $2,500-$2,999 371 9.5
    Others 1905 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3503 39.5
    Employed, worked full-time 3118 35.1
    Employed, worked part-time 1678 18.9
    Employed, away from work 295 3.3
    Unemployed, looking for work 277 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 550 10.8
    Professionals 1233 24.2
    Technicians & trades workers 786 15.4
    Community & personal service workers 647 12.7
    Clerical & administrative workers 747 14.7
    Others 1128 22.2
    Occupation
    Census Count Percent(%)
    Pre-school 250 9.1
    Infants/Primary 963 34.9
    Secondary 764 27.7
    Technical or Further Educational Institution 303 11.0
    University or other Tertiary Institutions 418 15.2
    Others 61 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8008 74.7
    Semi-detached, row or terrace house, townhouse 1965 18.3
    Flat, unit or apartment 729 6.8
    House or flat attached to a shop, office 18 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1519 36.2
    Fully owned 1515 36.1
    Rented 1123 26.8
    Other tenure type 40 1.0
    Tenure Type
Census 2011, ABS
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