Koolewong is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 920, the suburb has a mature demographic with a median age of 48. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Koolewong is $1.1 million, having surged 33.5% over the past year. Units have a median price of $720,000 (-50% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,050.
Public transport access includes 1 rail station, 13 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Koolewong offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +33.5% year-on-year.
Koolewong is a small community in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 920, the suburb has a mature demographic with a median age of 48. Households earn a median income of $90K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Koolewong is $1.1 million, having surged 33.5% over the past year. Units have a median price of $720,000 (-50% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,050.
Public transport access includes 1 rail station, 13 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Koolewong offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +33.5% year-on-year.