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Suburb Insights ยท NSW 2011

Woolloomooloo 2011, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Woolloomooloo is an inner-city suburb of Sydney, Australia, with a population of approximately 3,792, making it a boutique locality. Located 1 km from the Sydney CBD, Woolloomooloo is a inner city area in New South Wales. The median household income is $104,052 AUD per year (ABS 2021 Census).

Investment Score

82 / 100 Strong

Woolloomooloo benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.

Location

Map shows Woolloomooloo, New South Wales, Australia.

Key Indicators

Postcode
2011

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

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Population
3,792

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

ABS Census Data โ†’
Median Rent (weekly)
$500/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
$104,052/yr

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

ABS Census Data โ†’
Distance to CBD
1 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)
$3,000/mo

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

ABS Census Data โ†’
Dwelling Type
0% 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 an inner-city location, Woolloomooloo benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $3,000/month. A median household income of $104,052/year supports premium property values and indicates a well-employed resident base. With only 0% separate houses, Woolloomooloo has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Woolloomooloo is a natural candidate for patient investors.

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Rental Yield

Woolloomooloo's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

The resale market in Woolloomooloo may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Woolloomooloo

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Woolloomooloo is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Strong rental fundamentals in Woolloomooloo provide a reliable income base for investment properties. Woolloomooloo remains on the radar of active property investors in New South Wales.

Frequently Asked Questions

Is Woolloomooloo a good suburb for investment?

Woolloomooloo is a inner city area in New South Wales with a population of 3,792. The median rent is $500/week and the median household income is $104,052/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 Woolloomooloo?

Key demand drivers in Woolloomooloo include employment proximity and urban lifestyle. 0% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Woolloomooloo?

According to the ABS 2021 Census, Woolloomooloo has a population of approximately 3,792. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Woolloomooloo from the Sydney CBD?

Woolloomooloo is approximately 1 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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