Windang is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2528). With a population of 2,610, the suburb has an older demographic with a median age of 56. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Windang is $1.1 million, having declined 5.9% over the past year. Units have a median price of $770,000 (+43.5% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Windang is served by 1 school, including 1 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Windang offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 22.7x is considered stretched. House prices have moved -5.9% year-on-year.
Windang is a smaller suburb in New South Wales within the Wollongong local government area (postcode 2528). With a population of 2,610, the suburb has an older demographic with a median age of 56. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Windang is $1.1 million, having declined 5.9% over the past year. Units have a median price of $770,000 (+43.5% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Windang is served by 1 school, including 1 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Windang offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 22.7x is considered stretched. House prices have moved -5.9% year-on-year.