Bulli is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2516). With a population of 6,798, the suburb has an established demographic with a median age of 40. Households earn a median income of $121K 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 Bulli is $1.7 million, having dipped slightly 2.4% over the past year. Units have a median price of $780,000 (-14.8% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,525.
Bulli is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Bulli offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 13.7x is considered stretched. House prices have moved -2.4% year-on-year.
Bulli is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2516). With a population of 6,798, the suburb has an established demographic with a median age of 40. Households earn a median income of $121K 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 Bulli is $1.7 million, having dipped slightly 2.4% over the past year. Units have a median price of $780,000 (-14.8% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,525.
Bulli is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Bulli offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 13.7x is considered stretched. House prices have moved -2.4% year-on-year.