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Suburb Insights ยท NSW 2502

Warrawong 2502, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Warrawong is a coastal suburb in New South Wales, Australia, with a population of approximately 4,659, making it a boutique locality. Located approximately 75 km from the Sydney CBD, Warrawong is a coastal area in New South Wales. The median household income is $47,216 AUD per year (ABS 2021 Census).

Investment Score

43 / 100 Moderate

Warrawong's income profile suggests a value-oriented market with competitive purchase prices. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Warrawong, New South Wales, Australia.

Key Indicators

Postcode
2502

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

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Population
4,659

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

ABS Census Data โ†’
Median Rent (weekly)
$270/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
$47,216/yr

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

ABS Census Data โ†’
Distance to CBD
75 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,725/mo

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

ABS Census Data โ†’
Dwelling Type
59% 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 Warrawong, 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 $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,725/month.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Warrawong property

Full Property Analysis

30-year projections for Warrawong

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: Moderate Investor Sentiment: Low

Warrawong faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Warrawong a good suburb for investment?

Warrawong is a coastal area in New South Wales with a population of 4,659. The median rent is $270/week and the median household income is $47,216/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 Warrawong?

Key demand drivers in Warrawong include lifestyle appeal and proximity to the coast. 59% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Warrawong?

According to the ABS 2021 Census, Warrawong has a population of approximately 4,659. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Warrawong from the Sydney CBD?

Warrawong is approximately 75 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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