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Willawong, QLD 4110

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,770,000

market range $1.4M-$2.5M

Median Unit

$460,000

market range $425K-$850K

Gross Yield (units)

5.1%

1yr Growth (houses)

+8.1%

market range +5.0% to +12.5%

Investment snapshot for Willawong

Willawong has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Willawong market and investor summary

In Willawong, QLD 4110, the median house sells for around $1.8M. House prices have moved +8.1% over the past year and +62.7% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 103 days on market, so plan for a slower exit if you ever need one.

Living in Willawong: people, income and schools

Willawong is home to around 145 people, and the area has been growing steadily, up about 47% over five years. At a median age of 49, it reads as skewed a little older, and families account for 68% of households.

The typical household income runs to around $106,000 a year (about $2,030 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 16.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 37% over five years, which tends to underpin what local buyers can pay.

Families have 29 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Willawong sits about 14 km from the CBD. It is fairly car-dependent; the suburb scores 6 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
145
+47% over 5yr
Median age
49 years
Median household income
$106,000/yr
Households renting
39%
Family households
68%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
29
avg ICSEA 959
Unemployment
6.6%
Distance to CBD
14 km
Walk score
6/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Willawong

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Frequently asked questions about Willawong

What should I check before investing in Willawong?

Willawong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +8.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Willawong?

The median property price in Willawong, QLD 4110 is $1.8M for houses and $460K for units.

What rental yield does Willawong show?

The gross rental yield in Willawong is 5.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Willawong?

House prices in Willawong are up 8.1% over the past year and up 62.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Willawong?

The current vacancy rate in Willawong is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Willawong?

Willawong has a population of approximately 145 residents, with a median age of 49.

What schools are near Willawong?

There are 29 schools within roughly 5km of Willawong. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Willawong affordable to buy in?

A median house in Willawong costs about 16.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Willawong's population growing?

The population of Willawong has grown about 47% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Willawong from the CBD?

Willawong is about 14 km from the CBD.

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