Woy Woy is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 11,072, the suburb has a mature demographic with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woy Woy is $913,000, having dropped significantly 10.5% over the past year. Units have a median price of $761,000 (-2.4% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,900.
Woy Woy is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 16 rail stations, 9 ferry wharfves, 72 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Woy Woy offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($913K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved -10.5% year-on-year.
Woy Woy is a well-established suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2256). With a population of 11,072, the suburb has a mature demographic with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Woy Woy is $913,000, having dropped significantly 10.5% over the past year. Units have a median price of $761,000 (-2.4% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,900.
Woy Woy is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 16 rail stations, 9 ferry wharfves, 72 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Woy Woy offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($913K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved -10.5% year-on-year.