Cataract is a quiet locality in New South Wales within the Wollongong local government area (postcode 2560). With a population of 4, the suburb has an established demographic with a median age of 43. Households earn a median income of $143K per year, with an average household size of 2 people.
The median house price in Cataract is $1.1 million, having dropped significantly 29.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.9%.
Public transport access includes 3 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Cataract offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -29.8% year-on-year.
Cataract is a quiet locality in New South Wales within the Wollongong local government area (postcode 2560). With a population of 4, the suburb has an established demographic with a median age of 43. Households earn a median income of $143K per year, with an average household size of 2 people.
The median house price in Cataract is $1.1 million, having dropped significantly 29.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.9%.
Public transport access includes 3 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Cataract offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -29.8% year-on-year.