Stanwell Park is a small community in New South Wales within the Wollongong local government area (postcode 2508). With a population of 1,532, the suburb has a mature demographic with a median age of 45. Households earn a median income of $145K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Stanwell Park is $2.3 million, having surged 22.4% over the past year. Units have a median price of $920,000 (-48.2% YoY). The current median weekly rent is $798. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,675.
Stanwell Park is served by 1 school, including 1 primary. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 6 rail stations, 2 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Stanwell Park offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +22.4% year-on-year.
Stanwell Park is a small community in New South Wales within the Wollongong local government area (postcode 2508). With a population of 1,532, the suburb has a mature demographic with a median age of 45. Households earn a median income of $145K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Stanwell Park is $2.3 million, having surged 22.4% over the past year. Units have a median price of $920,000 (-48.2% YoY). The current median weekly rent is $798. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,675.
Stanwell Park is served by 1 school, including 1 primary. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 6 rail stations, 2 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Stanwell Park offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +22.4% year-on-year.