Coniston (postcode 2500) is a smaller suburb in New South Wales within the Wollongong local government area. It is home to about 2,267 residents, with an established family demographic and a median age of 39. Households earn a median income of $80K per year, with an average household size of 2.4 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Macedonian.
The median house price in Coniston is $1.1 million, having risen modestly by 1.7% over the past year. Units have a median price of $573,000 (-17% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,820.
Coniston is served by 1 school, including 1 primary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Wollongong LGA is below average at 3,563 incidents per 100,000 population.
On the investment side, Coniston shows a gross rental yield of approximately 3.2%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), which can point to relative value. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +1.7% 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.