Bellambi is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2518). With a population of 4,039, the suburb has an established demographic with a median age of 38. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bellambi is $1.3 million, having surged 14.5% over the past year. Units have a median price of $900,000 (+45.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,950.
Bellambi is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Bellambi offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +14.5% year-on-year.
Bellambi is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2518). With a population of 4,039, the suburb has an established demographic with a median age of 38. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bellambi is $1.3 million, having surged 14.5% over the past year. Units have a median price of $900,000 (+45.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,950.
Bellambi is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Bellambi offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +14.5% year-on-year.