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Suburb Insights ยท NSW 2500

North Wollongong 2500, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Wollongong is a coastal suburb in New South Wales, Australia, with a population of approximately 2,299, making it a boutique locality. Located approximately 66 km from the Sydney CBD, North Wollongong is a coastal area in New South Wales. The median household income is $80,548 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Moderate income levels in North Wollongong indicate steady rental demand from working households. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows North Wollongong, New South Wales, Australia.

Key Indicators

Postcode
2500

Official Australia Post postcode for North Wollongong. A postcode may cover multiple suburbs.

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Population
2,299

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$395/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$80,548/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
66 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
15% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for North Wollongong, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $395/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. The median household income of $80,548/year reflects a solid demographic, supporting sustainable rental demand. With only 15% separate houses, North Wollongong has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in North Wollongong could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in North Wollongong are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in North Wollongong face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a North Wollongong property

Full Property Analysis

30-year projections for North Wollongong

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Low

Growth in North Wollongong through 2026 will likely be steady rather than spectacular, tracking the wider market. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. North Wollongong is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is North Wollongong a good suburb for investment?

North Wollongong is a coastal area in New South Wales with a population of 2,299. The median rent is $395/week and the median household income is $80,548/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in North Wollongong?

Key demand drivers in North Wollongong include lifestyle appeal and proximity to the coast. 15% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of North Wollongong?

According to the ABS 2021 Census, North Wollongong has a population of approximately 2,299. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Wollongong from the Sydney CBD?

North Wollongong is approximately 66 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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