Located in New South Wales within the Wollongong local government area, Brownsville is a small locality (postcode 2530). The area has roughly 524 residents and an established demographic, with a median age of 44. Households earn a median income of $60K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The median house price in Brownsville is $885,000, having grown strongly by 5.5% over the past year. Units have a median price of $513,000 (+7.9% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Wollongong LGA is below average at 3,563 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.0% (moderate yield). Property prices sit below the state median ($885K/$1.5M), which can point to relative value. The price-to-income ratio of 14.7x is considered stretched. House prices have moved +5.5% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.