Austinmer is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2515). With a population of 2,725, the suburb has an established demographic with a median age of 42. Households earn a median income of $134K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Austinmer is $2.7 million, having surged 40.4% over the past year. Units have a median price of $979,000 (-17.1% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,726.
Austinmer is served by 1 school, including 1 primary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Austinmer offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +40.4% year-on-year.
Austinmer is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2515). With a population of 2,725, the suburb has an established demographic with a median age of 42. Households earn a median income of $134K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Austinmer is $2.7 million, having surged 40.4% over the past year. Units have a median price of $979,000 (-17.1% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,726.
Austinmer is served by 1 school, including 1 primary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Austinmer offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +40.4% year-on-year.