Highest rental yield suburbs in Wollongong
The top 25 suburbs in Wollongong by gross rental yield, ranked separately for houses and units. Gross yield is a year's median rent as a share of the median price. A suburb is ranked only when it has at least 10 sales of that dwelling type in the past year and a median price and rent that independent evidence agrees on, so a figure built from a handful of listings cannot top the table.
Highest rental yield suburbs in Wollongong: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | CringilaNSW 2502 | 4.2% | $780,000 | $610/wk |
| 2 | Albion Park RailNSW 2527 | 4.1% | $880,000 | $700/wk |
| 3 | BerkeleyNSW 2506 | 4.1% | $870,000 | $680/wk |
| 4 | Albion ParkNSW 2527 | 4.1% | $975,000 | $750/wk |
| 5 | Mount WarrigalNSW 2528 | 4.0% | $950,000 | $725/wk |
| 6 | CalderwoodNSW 2527 | 4.0% | $1,100,000 | $830/wk |
| 7 | KanahookaNSW 2530 | 4.0% | $980,000 | $750/wk |
| 8 | AvondaleNSW 2530 | 3.9% | $1,015,000 | $690/wk |
| 9 | WarillaNSW 2528 | 3.9% | $905,000 | $675/wk |
| 10 | Mount PleasantNSW 2519 | 3.9% | $1,455,000 | $1,100/wk |
| 11 | Barrack HeightsNSW 2528 | 3.9% | $945,000 | $685/wk |
| 12 | Mount KeiraNSW 2500 | 3.8% | $1,245,000 | $910/wk |
| 13 | Lake HeightsNSW 2502 | 3.8% | $935,000 | $685/wk |
| 14 | UnanderraNSW 2526 | 3.8% | $950,000 | $680/wk |
| 15 | Oak FlatsNSW 2529 | 3.8% | $1,045,000 | $725/wk |
| 16 | WarrawongNSW 2502 | 3.8% | $910,000 | $650/wk |
| 17 | Lake IllawarraNSW 2528 | 3.8% | $955,000 | $670/wk |
| 18 | Mount Saint ThomasNSW 2500 | 3.7% | $950,000 | $775/wk |
| 19 | FlindersNSW 2529 | 3.6% | $1,120,000 | $785/wk |
| 20 | ConistonNSW 2500 | 3.6% | $1,070,000 | $805/wk |
| 21 | Mount KemblaNSW 2526 | 3.5% | $1,365,000 | $895/wk |
| 22 | West WollongongNSW 2500 | 3.5% | $1,125,000 | $750/wk |
| 23 | FigtreeNSW 2525 | 3.4% | $1,250,000 | $800/wk |
| 24 | CorrimalNSW 2518 | 3.3% | $1,325,000 | $850/wk |
| 25 | Cordeaux HeightsNSW 2526 | 3.3% | $1,400,000 | $875/wk |
Highest rental yield suburbs in Wollongong: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Fairy MeadowNSW 2519 | 4.8% | $620,000 | $600/wk |
| 2 | AvondaleNSW 2530 | 4.8% | $770,000 | $710/wk |
| 3 | MangertonNSW 2500 | 4.8% | $580,000 | $540/wk |
| 4 | BlackbuttNSW 2529 | 4.6% | $750,000 | $680/wk |
| 5 | Albion ParkNSW 2527 | 4.6% | $785,000 | $680/wk |
| 6 | BellambiNSW 2518 | 4.5% | $665,000 | $575/wk |
| 7 | GwynnevilleNSW 2500 | 4.5% | $635,000 | $550/wk |
| 8 | TullimbarNSW 2527 | 4.5% | $880,000 | $735/wk |
| 9 | TarrawannaNSW 2518 | 4.5% | $830,000 | $750/wk |
| 10 | HelensburghNSW 2508 | 4.4% | $850,000 | - |
| 11 | WollongongNSW 2500 | 4.4% | $755,000 | $665/wk |
| 12 | Oak FlatsNSW 2529 | 4.3% | $850,000 | $720/wk |
| 13 | CorrimalNSW 2518 | 4.3% | $725,000 | $610/wk |
| 14 | BulliNSW 2516 | 4.3% | $880,000 | - |
| 15 | FlindersNSW 2529 | 4.2% | $850,000 | $680/wk |
| 16 | North WollongongNSW 2500 | 4.2% | $775,000 | $600/wk |
| 17 | BalgownieNSW 2519 | 4.2% | $925,000 | $750/wk |
| 18 | FigtreeNSW 2525 | 4.1% | $780,000 | $560/wk |
| 19 | WoononaNSW 2517 | 4.1% | $880,000 | $680/wk |
| 20 | WarillaNSW 2528 | 4.1% | $740,000 | $575/wk |
| 21 | DaptoNSW 2530 | 4.0% | $720,000 | $550/wk |
| 22 | East CorrimalNSW 2518 | 3.9% | $800,000 | $570/wk |
| 23 | Lake IllawarraNSW 2528 | 3.8% | $805,000 | $580/wk |
| 24 | ShellharbourNSW 2529 | 3.7% | $910,000 | $650/wk |
| 25 | KanahookaNSW 2530 | 3.6% | $830,000 | $570/wk |
How this ranking works
- Gross yield is the median weekly rent x 52, divided by the median sale price, for each dwelling type.
- A suburb is ranked only with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents, and a median price that independent evidence agrees on.
- Yields outside 3% to 9.5% are left out: figures beyond that range usually describe a wider area than the suburb, not the suburb itself.
- Where several suburbs share one postcode's figures, only the largest is listed. A rent shown as a dash is not yet well enough supported to publish.
- Suburb figures are refreshed as new market data arrives, at most about once a fortnight. Gross yield is before costs; use the rental yield calculator for net yield and cashflow on a specific property.
Rental yields in other states and cities
Growth outlook
Wollongong suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Wollongong
Yield, growth, affordability and tight rental markets in one guide.
Calculator
Rental yield calculator
Gross and net yield, cashflow after interest and DSCR for one property.
Rental yield in Wollongong: frequently asked questions
Which Wollongong suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Wollongong are in Cringila NSW 2502, Albion Park Rail NSW 2527 and Berkeley NSW 2506. Cringila NSW 2502 leads at 4.2%, with a median house price of $780,000.
Which Wollongong suburbs have the highest rental yield for units?
For units, the highest gross yields in Wollongong are in Fairy Meadow NSW 2519, Avondale NSW 2530 and Mangerton NSW 2500. Fairy Meadow NSW 2519 leads at 4.8%, on a median rent of $600/wk.
How is gross rental yield calculated?
Gross rental yield = weekly rent x 52 / price x 100. A suburb's figure uses its median weekly rent and median sale price for that dwelling type. It is before costs: rates, insurance, management, maintenance, strata and vacancy usually take 1.5 to 2 percentage points off, which is the net yield.
Is the highest-yield suburb the best investment?
Not on its own. High yields often come with lower expected growth, a thinner buyer pool or more vacancy risk, and a high figure can reflect a fall in prices rather than a rise in rents. Use the ranking to find suburbs to research, then check each suburb's vacancy, growth outlook and recent sales.
How often are these rankings updated?
Suburb medians are refreshed as new market data arrives, at most about once a fortnight, and this page picks the changes up within a day.
General information only, not personal financial advice. Check a suburb's own page and recent sales before relying on any figure.