Woollahra is a mid-sized suburb in New South Wales within the Woollahra local government area (postcode 2025). With a population of 7,189, the suburb has an established demographic with a median age of 42. Households earn a median income of $157K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woollahra is $2.9 million, having dropped significantly 43.9% over the past year. Units have a median price of $1.5 million (-3.2% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $4,000.
Woollahra is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1187, which is well above the national average of 1,000. Public transport access includes 23 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Woollahra offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved -43.9% year-on-year.
Woollahra is a mid-sized suburb in New South Wales within the Woollahra local government area (postcode 2025). With a population of 7,189, the suburb has an established demographic with a median age of 42. Households earn a median income of $157K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woollahra is $2.9 million, having dropped significantly 43.9% over the past year. Units have a median price of $1.5 million (-3.2% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $4,000.
Woollahra is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1187, which is well above the national average of 1,000. Public transport access includes 23 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Woollahra offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved -43.9% year-on-year.