Suburb Profile Report for Unanderra NSW (2526)

Unanderra House: Median price $620,000, Annual capital growth 7.02%, Number of sales 67, Weekly median advertised rent $445

Unanderra Unit: Median price $478,500, Annual capital growth -4.14%, Number of sales 13, Weekly median advertised rent $445

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Property value increases in Unanderra have tracked just higher than the NSW average of 12.10% over the last 12 months.

If we look at median property appreciation over just the last three months, Unanderra has given property investors a paper return of 5.08%. This puts Suburb as 578 on a list of fastest fasting appreciating suburbs in NSW

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Unanderra itself are offering an average vendor discount of -4.74% to real estate investors.

Using the current median advertised rental of $445 and the average annual increase in value of a median property of 7.02%, investors should hope to achieve an overall return of 3.73%

If you compare the increase in value of investment property in Unanderra, 2526 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.98%.

In the last year 13 properties changed hands in Unanderra, which puts it as the 563th most active market in NSW when comparing the number of sales per suburb.

Unanderra is 83th on a list of best yielding suburbs for rents in NSW with a 4.84% return

Information supplied by:


September 2018

M
O

W
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Wollongong suburb benefits from development

Postcode: 2526

Median house price: $607,500

Three-year growth: 62.0%

Rental yield: 3.6%

A suburb that has undergone remarkable development in the past decade, Unanderra’s appeal among buyers has skyrocketed.

Over the five-year period of June 2013-2018, house prices in this suburb rose by almost 100%. In the past year, values increased by 15.3%; the median house price passed the $600,000 mark. The average annual growth rate of 8.9% certainly speaks volumes about Unanderra’s long-term potential. Short-term demand is confirmed by the fact that houses spend an average of only 35 days in the market.

Situated in the Wollongong region, Unanderra has everything a resident could want. There’s a Woolworths supermarket in addition to small shops. Families also have access to schools like St. Pius X and Cedars Christian College. Commuters can travel via train or bus.

Aside from the comforts of city living, Unanderra also provides beautiful mountain views.

Metrics i HOUSE UNIT
$620,000 $478,500
5.08% 5.40%
15.13% -7.98%
7.02% -4.14%
$445 $445
67 13
3.73% 4.84%
30.3414634146341 N/A

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Very good (H)
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Demographics
Total population 5674
Median household income ($/weekly) 795
Median age of persons 41
Median housing loan repayment ($/monthly) 1794
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 725 12.8
    25-34 years 678 11.9
    35-44 years 715 12.6
    45-54 years 663 11.7
    55-64 years 646 11.4
    Others 2247 39.6
    Age Group
    Census Count Percent(%)
    Not Married 1922 46.7
    Registered Married 1873 45.5
    Defacto Relationship 324 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4237 78.6
    Egypt 91 1.7
    Japan 102 1.9
    United Kingdom 294 5.5
    Other 217 4.0
    Others 452 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 0.6
    Christianity 4161 78.9
    Hinduism 13 0.2
    Islam 119 2.3
    No Religion 935 17.7
    Others 15 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 261 13.2
    $400-$599 318 16.1
    $600-$799 203 10.3
    $800-$999 180 9.1
    $1,500-$1,999 229 11.6
    Others 781 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2252 51.0
    Employed, worked full-time 1157 26.2
    Employed, worked part-time 659 14.9
    Unemployed, looking for work 195 4.4
    Employed, away from work 151 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 290 14.8
    Technicians & trades workers 350 17.8
    Community & personal service workers 257 13.1
    Clerical & administrative workers 260 13.2
    Labourers 263 13.4
    Others 545 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 121 9.9
    Infants/Primary 452 36.9
    Secondary 342 27.9
    Technical or Further Educational Institution 158 12.9
    University or other Tertiary Institutions 128 10.4
    Others 24 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3608 68.8
    Semi-detached, row or terrace house, townhouse 1423 27.1
    Flat, unit or apartment 203 3.9
    House or flat attached to a shop, office 12 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 881 41.6
    Fully owned 645 30.4
    Being purchased 554 26.1
    Other tenure type 40 1.9
    Tenure Type
Census 2011, ABS
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