Suburb Profile Report for North Wollongong NSW (2500)

North Wollongong House: Median price $825,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $598

North Wollongong Unit: Median price $542,000, Annual capital growth 8.24%, Number of sales 43, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

The five-year average increase in median property values for North Wollongong,2500 has given property investors a potential capital gain of 78.38% across each of those five years.

At number 468th in the list of Australian suburbs ordered by increase in median house value over the last year, North Wollongong, 2500 is in the top 30% with a property value increase of 10.84% recorded in median house prices.

Across a shorter period, North Wollongong, 2500 has seen a median price increase of 9.38% over the last quarter.

North Wollongong2500 is located in NSW which offers an average discount of -4.11% to property investors. North Wollongong itself is showing figures that indicate -2.42% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$825,000 $542,000
N/A 9.38%
N/A 10.84%
N/A 8.24%
$598 $400
10 43
3.77% 3.84%
N/A 32.69

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in North Wollongong NSW
Demographics
Total population 2272
Median household income ($/weekly) 1028
Median age of persons 25
Median housing loan repayment ($/monthly) 1970
Average household size 2
  • Census Count Percent(%)
    15-19 years 326 14.3
    20-24 years 629 27.7
    25-34 years 491 21.6
    35-44 years 176 7.7
    45-54 years 178 7.8
    Others 472 20.8
    Age Group
    Census Count Percent(%)
    Not Married 857 62.6
    Registered Married 348 25.4
    Defacto Relationship 165 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1481 69.5
    Croatia 93 4.4
    Indonesia 34 1.6
    United Kingdom 87 4.1
    Other 146 6.9
    Others 289 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 66 3.2
    Christianity 1148 56.2
    Hinduism 32 1.6
    Islam 73 3.6
    No Religion 706 34.6
    Others 18 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 9.4
    $400-$599 66 9.4
    $600-$799 65 9.2
    $800-$999 65 9.2
    $1,500-$1,999 90 12.8
    Others 353 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 764 37.7
    Employed, worked full-time 563 27.7
    Employed, worked part-time 447 22.0
    Unemployed, looking for work 175 8.6
    Employed, away from work 80 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 108 9.9
    Professionals 350 32.0
    Technicians & trades workers 111 10.2
    Community & personal service workers 186 17.0
    Sales 113 10.3
    Others 225 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 16 1.5
    Infants/Primary 49 4.6
    Secondary 41 3.8
    Technical or Further Educational Institution 58 5.4
    University or other Tertiary Institutions 897 83.5
    Others 13 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 975 63.9
    Separate house 465 30.5
    Semi-detached, row or terrace house, townhouse 81 5.3
    House or flat attached to a shop, office 6 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 466 62.1
    Fully owned 146 19.4
    Being purchased 136 18.1
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals