Located in New South Wales within the Woollahra local government area, Woollahra is a mid-sized suburb (postcode 2025). It is home to about 7,189 residents, with an established demographic and a median age of 42. Households earn a median income of $157K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 professionals, managers, clerical & administrative. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Irish.
Woollahra has a median house price of $4.6 million, which has declined steeply by 12% year-on-year. Units have a median price of $1.6 million (+12% YoY). The current median weekly rent is $1250. This gives a gross rental yield of approximately 1.4%. 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 1,941 incidents per 100,000 population.
From an investment perspective, Woollahra shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are above the state median ($4.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.2x is considered stretched. House prices have moved -12.0% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.