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
Wollongong has 58 houses available for sale. The median property price for a house is currently 1,275,000 with annual capital growth of -1.92 . There were 53 house sales in the past 12 months. On average, houses spend 77 days on market.
If you're thinking about buying an investment property in Wollongong, consider that rental yields for houses are currently 2.91 with an average median rent of 675 weekly. Houses have seen 0.00 growth in the past quarter, and -1.92 growth in the past 12 months.
The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years.
Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.
Wollongong has 503 units available for sale. The median property price for a unit is currently 710,000 with annual capital growth of 1.43 . There were 503 unit sales in the past 12 months. On average, units spend 42 days on market.
If you're thinking about buying an investment property in Wollongong, consider that rental yields for units are currently 4.07 with an average median rent of 550 weekly. Units have seen 0.00 growth in the past quarter, and 1.43 growth in the past 12 months.
The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years.
Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,275,000 | 710,000 |
| Quarterly growth | 0.00 | 0.00 |
| 12-month growth | -1.92 | +1.43 |
| Average annual growth | +9.91 | +3.67 |
| Weekly median rent | 675 | 550 |
| Gross rental yield | 2.91 | 4.07 |
| Number of Sales (12m) | 53 | 503 |
| Avg. Days on Market (12m) | 77 | 42 |
| Key Demographics | 2011 | 2016 |
| Total population | 16,716 | 18,454 |
| Population change (5y) | +16.38 | +10.40 |
| Median household income (p/w) | 968 | 1,197 |
| Household income change (5y) | +19.95 | +23.66 |
| Median age of persons | 33 | 35 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Wollongong was 18,454 in 2016, a +10.40 change compared to 2011.
The predominant age group in Wollongong is 20-29 years.
The population of Wollongong was 18,454 in 2016, a +10.40 change compared to 2011.
The predominant age group in Wollongong is 20-29 years.
Most of the population in Wollongong were born in Australia.
Most of the population in Wollongong were born in Australia.
Most of the population in Wollongong report their religion as No Religion.
Most of the population in Wollongong report their religion as No Religion.
Most of the population in Wollongong report their income range as between 78,000 and 130,000 .
The median household income in Wollongong was 1,197 in 2016, a +23.66 change compared to 2011.
Most of the population in Wollongong report their income range as between 15,000 and 31,000 .
The median household income in Wollongong was 968 in 2011, a +19.95 change compared to 2006.
Most of the population in Wollongong work as Professional.
Most of the population in Wollongong work as Professional.
The chart below demonstrates the various levels of education in Wollongong.
The chart below demonstrates the various levels of education in Wollongong.
Most of the population in Wollongong reached a qualification level of Bachelor.
Most of the population in Wollongong reached a qualification level of Bachelor.
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Suburb borders rendered using geocodes provided by Openstreetmap.
