Suburb Profile Report for Woolooware NSW (2230)

Woolooware House: Median price $1,810,000, Annual capital growth 9.32%, Number of sales 42, Weekly median advertised rent $830

Woolooware Unit: Median price $820,000, Annual capital growth 8.03%, Number of sales 86, Weekly median advertised rent $433

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

Source: CoreLogic

  • House Report
  • Unit Report

Woolooware is an average performer in NSW when comparing median price capital growth over the last year. Woolooware gave property investors a average capital gain figure when compared to the rest of the state, with 8.71%.

Across a shorter period, Woolooware, 2230 has seen a median price increase of 0.56% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Woolooware is offering property investors an average of -5.57. This rate of discount on properties puts Suburb at number 1151th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Woolooware is 1050th on a list of best yielding suburbs for rents in NSW with a 2.38% return

Property value increases in Woolooware have tracked close to the NSW average of 4.56% over the last 12 months.

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

LACK OF BUYER INTEREST may well be the reason that Woolooware is offering property investors an average of -4.67. This rate of discount on properties puts Suburb at number 122th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $5190 per annum or $432.5 every week.

Metrics i HOUSE UNIT
$1,810,000 $820,000
0.56% -3.98%
8.71% 2.50%
9.32% 8.03%
$830 $433
42 86
2.38% 2.74%
64.8 51.91

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Woolooware NSW
Demographics
Total population 4209
Median household income ($/weekly) 1627
Median age of persons 38
Median housing loan repayment ($/monthly) 2400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 605 14.4
    25-34 years 485 11.5
    35-44 years 631 15.0
    45-54 years 602 14.3
    55-64 years 489 11.6
    Others 1397 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 1652 53.7
    Not Married 1161 37.7
    Defacto Relationship 265 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3317 82.3
    Japan 31 0.8
    Papua New Guinea 87 2.2
    United Kingdom 233 5.8
    Other 96 2.4
    Others 265 6.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.1
    Christianity 3192 80.8
    Hinduism 8 0.2
    Islam 15 0.4
    No Religion 683 17.3
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 108 8.0
    $1,500-$1,999 158 11.7
    $2,000-$2,499 147 10.9
    $2,500-$2,999 149 11.0
    $3,000-$3,499 125 9.3
    Others 663 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1333 42.2
    Not in the labour force 924 29.3
    Employed, worked part-time 706 22.4
    Employed, away from work 112 3.5
    Unemployed, looking for work 82 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 317 14.7
    Professionals 485 22.5
    Technicians & trades workers 309 14.4
    Community & personal service workers 234 10.9
    Clerical & administrative workers 370 17.2
    Others 438 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 88 8.5
    Infants/Primary 393 37.8
    Secondary 292 28.1
    Technical or Further Educational Institution 77 7.4
    University or other Tertiary Institutions 156 15.0
    Others 33 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2938 72.9
    Semi-detached, row or terrace house, townhouse 685 17.0
    Flat, unit or apartment 377 9.4
    Caravan, cabin, houseboat 27 0.7
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 585 39.8
    Fully owned 550 37.4
    Rented 324 22.0
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals