Woolloomooloo is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 3,792, the suburb has an established demographic with a median age of 39. Households earn a median income of $104K per year, with an average household size of 1.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woolloomooloo is $3.9 million, having surged 108.6% over the past year. Units have a median price of $830,000 (-36.9% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,000.
Woolloomooloo is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 8 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Woolloomooloo offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.5x is considered stretched. House prices have moved +108.6% year-on-year.
Woolloomooloo is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 3,792, the suburb has an established demographic with a median age of 39. Households earn a median income of $104K per year, with an average household size of 1.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woolloomooloo is $3.9 million, having surged 108.6% over the past year. Units have a median price of $830,000 (-36.9% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,000.
Woolloomooloo is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 8 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Woolloomooloo offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.5x is considered stretched. House prices have moved +108.6% year-on-year.