Port Kembla is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2505). With a population of 5,088, the suburb has an established demographic with a median age of 42. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Macedonian.
The median house price in Port Kembla is $1.0 million, having dipped slightly 1.1% over the past year. Units have a median price of $675,000 (+16.4% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,950.
Port Kembla is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 2 rail stations, 43 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Port Kembla offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -1.1% year-on-year.
Port Kembla is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2505). With a population of 5,088, the suburb has an established demographic with a median age of 42. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Macedonian.
The median house price in Port Kembla is $1.0 million, having dipped slightly 1.1% over the past year. Units have a median price of $675,000 (+16.4% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,950.
Port Kembla is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 2 rail stations, 43 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Port Kembla offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -1.1% year-on-year.