Helensburgh (postcode 2508) is a medium-sized suburb in New South Wales within the Wollongong local government area. The area has roughly 6,576 residents and an established demographic, with a median age of 38. Households earn a median income of $129K per year, with an average household size of 2.9 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, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Helensburgh stand at $1.5 million, having risen steeply by 10.9% over the last twelve months. Units have a median price of $808,000 (-5.9% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,500.
Helensburgh is served by 2 schools, including 2 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 3 rail stations, 57 bus stops. The crime rate in the Wollongong LGA is below average at 3,563 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.9% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 11.2x is considered stretched. House prices have moved +10.9% 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.