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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
There were 5 house sales in the past 12 months.
If you're thinking about buying an investment property in North Wollongong, consider that rental yields for houses are currently 3.24 with an average median rent of 550 weekly.
The size of North Wollongong is approximately 2.5 square kilometres. It has 9 parks covering nearly 32.6% of total area. The population of North Wollongong in 2011 was 2,272 people. By 2016 the population was 2,592 showing a population growth of 14.1% in the area during that time. The predominant age group in North Wollongong is 20-29 years.
Households in North Wollongong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Wollongong work in a professional occupation. In 2011, 36.5% of the homes in North Wollongong were owner-occupied compared with 33.4% in 2016.
In North Wollongong, the median property price for a unit is currently 710,000 with annual capital growth of -3.40 . There were 65 unit sales in the past 12 months. On average, units spend 32 days on market.
If you're thinking about buying an investment property in North Wollongong, consider that rental yields for units are currently 3.77 with an average median rent of 540 weekly. Units have seen -4.05 growth in the past quarter, and -3.40 growth in the past 12 months.
The size of North Wollongong is approximately 2.5 square kilometres. It has 9 parks covering nearly 32.6% of total area. The population of North Wollongong in 2011 was 2,272 people. By 2016 the population was 2,592 showing a population growth of 14.1% in the area during that time. The predominant age group in North Wollongong is 20-29 years.
Households in North Wollongong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Wollongong work in a professional occupation. In 2011, 36.5% of the homes in North Wollongong were owner-occupied compared with 33.4% in 2016.
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| Key Market Data | House | Unit |
| Median price | – | 710,000 |
| Quarterly growth | – | -4.05 |
| 12-month growth | – | -3.40 |
| Average annual growth | – | +2.10 |
| Weekly median rent | 550 | 540 |
| Gross rental yield | 3.24 | 3.77 |
| Number of Sales (12m) | 5 | 65 |
| Avg. Days on Market (12m) | – | 32 |
| Key Demographics | 2011 | 2016 |
| Total population | 2,272 | 2,592 |
| Population change (5y) | +28.43 | +14.10 |
| Median household income (p/w) | 1,038 | 1,285 |
| Household income change (5y) | +28.47 | +23.80 |
| Median age of persons | 26 | 28 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of North Wollongong was 2,592 in 2016, a +14.10 change compared to 2011.
The predominant age group in North Wollongong is 20-29 years.
The population of North Wollongong was 2,592 in 2016, a +14.10 change compared to 2011.
The predominant age group in North Wollongong is 20-29 years.
Most of the population in North Wollongong were born in Australia.
Most of the population in North Wollongong were born in Australia.
Most of the population in North Wollongong report their religion as No Religion.
Most of the population in North Wollongong report their religion as No Religion.
Most of the population in North Wollongong report their income range as between 78,000 and 130,000 .
The median household income in North Wollongong was 1,285 in 2016, a +23.80 change compared to 2011.
Most of the population in North Wollongong report their income range as between 78,000 and 130,000 .
The median household income in North Wollongong was 1,038 in 2011, a +28.47 change compared to 2006.
Most of the population in North Wollongong work as Professional.
Most of the population in North Wollongong work as Professional.
The chart below demonstrates the various levels of education in North Wollongong.
The chart below demonstrates the various levels of education in North Wollongong.
Most of the population in North Wollongong reached a qualification level of Bachelor.
Most of the population in North Wollongong reached a qualification level of Bachelor.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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