Woolooware is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 5,060, the suburb has an established demographic with a median age of 39. Households earn a median income of $116K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woolooware is $2.5 million, having risen modestly 1.2% over the past year. Units have a median price of $1.1 million (+30.4% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Woolooware is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Woolooware offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.5x is considered stretched. House prices have moved +1.2% year-on-year.
Woolooware is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 5,060, the suburb has an established demographic with a median age of 39. Households earn a median income of $116K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woolooware is $2.5 million, having risen modestly 1.2% over the past year. Units have a median price of $1.1 million (+30.4% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Woolooware is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Woolooware offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.5x is considered stretched. House prices have moved +1.2% year-on-year.