Wombarra is a small community in New South Wales within the Wollongong local government area (postcode 2515). With a population of 944, the suburb has an established demographic with a median age of 44. Households earn a median income of $149K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Wombarra is $2.1 million, having surged 18.3% over the past year. Units have a median price of $808,000 (-32.7% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $3,163.
Public transport access includes 1 rail station, 10 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Wombarra offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +18.3% year-on-year.
Wombarra is a small community in New South Wales within the Wollongong local government area (postcode 2515). With a population of 944, the suburb has an established demographic with a median age of 44. Households earn a median income of $149K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Wombarra is $2.1 million, having surged 18.3% over the past year. Units have a median price of $808,000 (-32.7% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $3,163.
Public transport access includes 1 rail station, 10 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Wombarra offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.5x is considered stretched. House prices have moved +18.3% year-on-year.