Werombi (postcode 2570) is a small locality in New South Wales within the Wollondilly local government area. It is home to about 941 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $131K per year, with an average household size of 3.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, clerical & administrative. Employment in the area leans toward construction and manufacturing. The top ancestries reported are Australian, English, Italian.
The median house price in Werombi is $1.9 million, having declined steeply by 18.7% over the past year. The current median weekly rent is $750. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,972.
Public transport access includes 9 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.1% (low yield). Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 14.5x is considered stretched. House prices have moved -18.7% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.