Thirroul is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2515). With a population of 6,348, the suburb has an established demographic with a median age of 43. Households earn a median income of $119K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Thirroul is $1.3 million, having dropped significantly 29.9% over the past year. Units have a median price of $986,000 (-14.3% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,600.
Thirroul is served by 2 schools, including 2 primary. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 13 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Thirroul offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.0x is considered stretched. House prices have moved -29.9% year-on-year.
Thirroul is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2515). With a population of 6,348, the suburb has an established demographic with a median age of 43. Households earn a median income of $119K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Thirroul is $1.3 million, having dropped significantly 29.9% over the past year. Units have a median price of $986,000 (-14.3% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,600.
Thirroul is served by 2 schools, including 2 primary. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 13 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Thirroul offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.0x is considered stretched. House prices have moved -29.9% year-on-year.