Warrawong is a smaller residential area in New South Wales within the Wollongong local government area (postcode 2502). The area has roughly 4,659 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $47K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Macedonian.
Warrawong has a median house price of $1.1 million, which has climbed sharply by 27.1% year-on-year. Units have a median price of $549,000 (+19.3% YoY). The current median weekly rent is $618. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,725.
Warrawong is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 39 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Wollongong LGA is below average at 3,494 incidents per 100,000 population.
On the investment side, Warrawong shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 22.2x is considered stretched. House prices have moved +27.1% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.