Located in New South Wales within the Sutherland Shire local government area, Woronora Heights is a compact suburb (postcode 2233). With a population of 2,781, the suburb has an established family demographic with a median age of 43. Households earn a median income of $169K per year, with an average household size of 3.2 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
Woronora Heights has a median house price of $1.7 million, which has dipped slightly by 1.6% year-on-year. Units have a median price of $1.0 million (+75.4% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,600.
Public transport access includes 17 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.4%, which reads as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved -1.6% year-on-year.