Wooli is a close-knit residential community in New South Wales within the Clarence Valley local government area (postcode 2462). The area has roughly 503 residents and a predominantly older resident base, with a median age of 61. Households earn a median income of $40K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Scottish.
Median house prices in Wooli stand at $835,000, having fallen by 7.2% over the last twelve months. Units have a median price of $228,000. The current median weekly rent is $300. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,300.
Wooli is served by 1 school, including 1 primary. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
From an investment perspective, Wooli shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices sit below the state median ($835K/$1.5M), which can point to relative value. The price-to-income ratio of 20.6x is considered stretched. House prices have moved -7.2% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.