Property Prices in Wollongong, Australia

Index Info
Price to Income Ratio: 5.20
Mortgage as Percentage of Income: 45.76%
Loan Affordability Index: 2.19
Price to Rent Ratio - City Centre: 20.13
Price to Rent Ratio - Outside of Centre: 18.91
Gross Rental Yield (City Centre): 4.97%
Gross Rental Yield (Outside of Centre): 5.29%

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Rent Per Month
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1 Bedroom Apartment in City Centre 1,430.00 A$ 520.00-2,200.00
1 Bedroom Apartment Outside of City Centre 1,227.50 A$ 450.00-1,600.00
3 Bedroom Apartment in City Centre 2,775.00 A$ 2,500.00-3,100.00
3 Bedroom Apartment Outside of City Centre 2,333.33 A$ 2,000.00-2,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 603.86 A$
Price per Square Feet to Buy Apartment Outside of Centre 482.25 A$ 464.51-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,625.00 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.30 5.20-6.50

These data are based on 38 entries from 7 contributors over the past 18 months.
Last update: 8 January 2026

Sources and References
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