Wongawilli is a small community in New South Wales within the Wollongong local government area (postcode 2530). With a population of 1,213, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $148K per year, with an average household size of 3.4 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Wongawilli is $1.3 million, having grown strongly 8.1% over the past year. Units have a median price of $895,000 (-5% YoY). The current median weekly rent is $698. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Wongawilli offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +8.1% year-on-year.
Wongawilli is a small community in New South Wales within the Wollongong local government area (postcode 2530). With a population of 1,213, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $148K per year, with an average household size of 3.4 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Wongawilli is $1.3 million, having grown strongly 8.1% over the past year. Units have a median price of $895,000 (-5% YoY). The current median weekly rent is $698. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Wongawilli offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +8.1% year-on-year.