Woolgoolga is a mid-sized suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 6,151, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Woolgoolga is $1.1 million, having surged 25.6% over the past year. Units have a median price of $772,000 (+9.5% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Woolgoolga is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 1 rail station, 1 tram stop, 80 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Woolgoolga offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved +25.6% year-on-year.
Woolgoolga is a mid-sized suburb in New South Wales within the Coffs Harbour local government area (postcode 2456). With a population of 6,151, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Woolgoolga is $1.1 million, having surged 25.6% over the past year. Units have a median price of $772,000 (+9.5% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Woolgoolga is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 1 rail station, 1 tram stop, 80 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Woolgoolga offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved +25.6% year-on-year.