Suburb Profile Report for Unanderra NSW (2526)

Unanderra House: Median price $530,000, Annual capital growth 7.14%, Number of sales 56, Weekly median advertised rent $430

Unanderra Unit: Median price $586,000, Annual capital growth 0.45%, Number of sales 12, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Property investors who have had real estate in Unanderra, 2526 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.67%

Across a shorter period, Unanderra, 2526 has seen a median price increase of -1.85% over the last quarter.

Unanderra, 2526 is offering NSW ‘s 457th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 0.45%, investors should hope to achieve an overall return of 3.55%

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
$530,000 $586,000
-1.85% N/A
-11.67% N/A
7.14% 0.45%
$430 $400
56 12
4.22% 3.55%
70.9777777777778 85.9

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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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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