Woollamia is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 653, the suburb has a mature demographic with a median age of 51. Households earn a median income of $85K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Woollamia is $1.0 million, having dropped significantly 14.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,960.
Public transport access includes 17 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Woollamia offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -14.5% year-on-year.
Woollamia is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 653, the suburb has a mature demographic with a median age of 51. Households earn a median income of $85K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Woollamia is $1.0 million, having dropped significantly 14.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,960.
Public transport access includes 17 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Woollamia offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -14.5% year-on-year.