Woongarrah is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 5,962, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Woongarrah is $965,000, having remained flat 0% over the past year. Units have a median price of $685,000 (+6.9% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Woongarrah is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1013, which is around the national average of 1,000. Public transport access includes 38 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Woongarrah offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($965K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +0.0% year-on-year.
Woongarrah is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 5,962, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Woongarrah is $965,000, having remained flat 0% over the past year. Units have a median price of $685,000 (+6.9% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Woongarrah is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1013, which is around the national average of 1,000. Public transport access includes 38 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Woongarrah offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($965K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +0.0% year-on-year.