Kembla Grange is a small community in New South Wales within the Wollongong local government area (postcode 2526). With a population of 1,452, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $134K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Kembla Grange is $2.0 million, having surged 119.5% over the past year. Units have a median price of $400,000 (-56.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,338.
Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Kembla Grange offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.9x is considered stretched. House prices have moved +119.5% year-on-year.
Kembla Grange is a small community in New South Wales within the Wollongong local government area (postcode 2526). With a population of 1,452, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $134K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Kembla Grange is $2.0 million, having surged 119.5% over the past year. Units have a median price of $400,000 (-56.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,338.
Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Kembla Grange offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.9x is considered stretched. House prices have moved +119.5% year-on-year.