Wollombi (postcode 2325) is a small, quiet locality in New South Wales within the Cessnock local government area. The area has roughly 301 residents and an older demographic, with a median age of 55. Households earn a median income of $87K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% 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 professionals, managers, community & personal service. Employment in the area leans toward professional services and accommodation & food. The top ancestries reported are English, Australian, Irish.
The median house price in Wollombi is $740,000, having dropped significantly by 21.9% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops. The crime rate in the Cessnock LGA is moderate at 4,918 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices sit below the state median ($740K/$1.5M), which can point to relative value. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -21.9% year-on-year. Population growth of +2.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.