Cordeaux Heights is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2526). With a population of 4,460, the suburb has an established demographic with a median age of 41. Households earn a median income of $137K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Macedonian.
The median house price in Cordeaux Heights is $465,000, having dropped significantly 65.5% over the past year. Units have a median price of $485,000 (+26% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $2,167.
Cordeaux Heights is served by 3 schools, including 1 primary, 1 combined, 1 special. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Cordeaux Heights offers a gross rental yield of 8.4%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved -65.5% year-on-year.
Cordeaux Heights is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2526). With a population of 4,460, the suburb has an established demographic with a median age of 41. Households earn a median income of $137K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Macedonian.
The median house price in Cordeaux Heights is $465,000, having dropped significantly 65.5% over the past year. Units have a median price of $485,000 (+26% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $2,167.
Cordeaux Heights is served by 3 schools, including 1 primary, 1 combined, 1 special. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Cordeaux Heights offers a gross rental yield of 8.4%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved -65.5% year-on-year.