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Suburb Insights ยท NSW 2581

Oolong 2581, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Oolong is a regional centre in New South Wales, Australia, with a population of approximately 54, making it a boutique locality. Located approximately 213 km from the Sydney CBD, Oolong is a regional area in New South Wales. The median household income is $97,500 AUD per year (ABS 2021 Census).

Investment Score

45 / 100 Moderate

Strong household incomes in Oolong underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Oolong, New South Wales, Australia.

Key Indicators

Postcode
2581

Official Australia Post postcode for Oolong. A postcode may cover multiple suburbs.

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Population
54

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

ABS Census Data โ†’
Median Rent (weekly)
$285/wk

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

State Rental Authority โ†’
Median Household Income
$97,500/yr

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

ABS Census Data โ†’
Distance to CBD
213 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)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
86% 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

As a regional centre, Oolong serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $285/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. The median household income of $97,500/year reflects a solid demographic, supporting sustainable rental demand. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Achieving strong cash flow in Oolong is challenging at current rent-to-price ratios.

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Renovation / Flip

Limited buyer depth in Oolong makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Oolong property

Full Property Analysis

30-year projections for Oolong

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Oolong faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Landlords in Oolong may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Oolong a good suburb for investment?

Oolong is a regional area in New South Wales with a population of 54. The median rent is $285/week and the median household income is $97,500/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 Oolong?

Key demand drivers in Oolong include regional employment hubs, lifestyle, and affordability. 86% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Oolong?

According to the ABS 2021 Census, Oolong has a population of approximately 54. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Oolong from the Sydney CBD?

Oolong is approximately 213 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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