Clifton is a quiet locality in New South Wales within the Wollongong local government area (postcode 2515). With a population of 35, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Clifton is $1.9 million, having surged 11.8% over the past year. The current median weekly rent is $970. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Clifton offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 14.1x is considered stretched. House prices have moved +11.8% year-on-year.
Clifton is a quiet locality in New South Wales within the Wollongong local government area (postcode 2515). With a population of 35, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Clifton is $1.9 million, having surged 11.8% over the past year. The current median weekly rent is $970. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Clifton offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 14.1x is considered stretched. House prices have moved +11.8% year-on-year.