Located in New South Wales within the Wollongong local government area, Coalcliff is a small, quiet locality (postcode 2508). With a population of 212, the suburb has a mature demographic with a median age of 47. Households earn a median income of $172K per year, with an average household size of 2.8 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 professionals, managers, community & personal service. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Coalcliff stand at $1.4 million, having fallen sharply by 51.3% over the last twelve months. The current median weekly rent is $820. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $3,000.
Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Wollongong LGA is below average at 3,563 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 8.1x is considered moderate. House prices have moved -51.3% 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.