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Woolooware, NSW 2230

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

Data updated

Strong Growth

Median House

$2,580,000

market range $2.5M-$2.7M

Median Unit

$995,000

market range $875K-$1.1M

Gross Yield (houses)

3.1%

1yr Growth (houses)

+6.3%

market range +0.0% to +12.5%

Investment snapshot for Woolooware

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

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Woolooware market and investor summary

In Woolooware, NSW 2230, the median house sells for around $2.6M, on a gross rental yield of 3.1% for houses. House prices have moved +6.3% over the past year. At 2.4% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Woolooware: people, income and schools

Woolooware is home to around 5,060 people, a number that has held fairly steady over five years. At a median age of 39, it reads as broadly working-age, and 71% of homes are owner-occupied.

The typical household income runs to around $116,000 a year (about $2,230 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 22.3 times local household income, so affordability is a genuine constraint on local buyers.

Families have 30 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Woolooware sits about 21 km from the CBD. It is fairly car-dependent; the suburb scores 7 for walkability and 30 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
5,060
+5% over 5yr
Median age
39 years
Median household income
$116,000/yr
Households renting
27%
Family households
69%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
30
avg ICSEA 1078
Unemployment
2.7%
Distance to CBD
21 km
Walk score
7/100

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

Properties in Woolooware

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Frequently asked questions about Woolooware

What should I check before investing in Woolooware?

Woolooware has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.3% in the past year shows positive 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 Woolooware?

The median property price in Woolooware, NSW 2230 is $2.6M for houses and $995K for units.

What rental yield does Woolooware show?

The gross rental yield in Woolooware is 3.1% for houses and 3.9% 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 Woolooware?

House prices in Woolooware are up 6.3% over the past year. 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 Woolooware?

The current vacancy rate in Woolooware is 2.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Woolooware?

Woolooware has a population of approximately 5,060 residents, with a median age of 39.

What schools are near Woolooware?

There are 30 schools within roughly 5km of Woolooware. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Woolooware affordable to buy in?

A median house in Woolooware costs about 22.3 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 Woolooware's population growing?

The population of Woolooware has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Woolooware from the CBD?

Woolooware is about 21 km from the CBD.

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