Farmborough Heights is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2526). With a population of 4,179, the suburb has an established demographic with a median age of 38. Households earn a median income of $116K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Farmborough Heights is $1.0 million, having risen modestly 1.5% over the past year. Units have a median price of $830,000 (-1.8% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,008.
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, Farmborough Heights offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +1.5% year-on-year.
Farmborough Heights is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2526). With a population of 4,179, the suburb has an established demographic with a median age of 38. Households earn a median income of $116K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Farmborough Heights is $1.0 million, having risen modestly 1.5% over the past year. Units have a median price of $830,000 (-1.8% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,008.
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, Farmborough Heights offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +1.5% year-on-year.