Haywards Bay is a small locality in New South Wales within the Wollongong local government area (postcode 2530). It is home to about 1,280 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $120K per year, with an average household size of 3.1 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, technicians & trades, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Haywards Bay is $1.2 million, having posted strong gains by 8.4% over the past year. Units have a median price of $680,000 (+16.2% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,383.
Public transport access includes 1 bus stop. The crime rate in the Wollongong LGA is below average at 3,563 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.1%, which reads as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +8.4% 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.