Woolooma is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 35, the suburb has an older demographic with a median age of 55. Households earn a median income of $88K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woolooma is $705,000, having surged 50% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $700.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Woolooma offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($705K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +50.0% year-on-year.
Woolooma is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 35, the suburb has an older demographic with a median age of 55. Households earn a median income of $88K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woolooma is $705,000, having surged 50% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $700.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Woolooma offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($705K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +50.0% year-on-year.