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Wolli Creek suburb profile

Wolli Creek is a rapidly evolving suburb in Sydney's inner south, known for its modern residential developments and convenient location. Situated just 10km from the CBD, it offers excellent connectivity via train and road networks, making it a popular choice for commuters. The suburb is characterized by its high-rise apartments, vibrant community, and proximity to natural attractions like Cahill Park and the Cooks River. Wolli Creek's growing array of dining options, retail outlets, and recreational facilities contribute to its appeal, attracting young professionals and families seeking a dynamic urban lifestyle with easy access to the city.

Wolli Creek property market performance

Current median dwelling price$1,537,872Past 3 months

Wolli Creek’s property market predominantly consists of units, with the median unit price currently at $830,000, marking a 2.1% increase over the past 12 months. Limited sales activity for houses is evident, with only one house sold, thus no significant change in the median house value.

Units are selling at a moderate pace, with a median of 41 days on the market, indicating steady demand. In the rental market, unit rents have grown by 4.8%, averaging $880, whereas house rents remained stable at $765, reflecting the focus on unit living in the area.

HousesUnits
Median price
Past 3 months
N/A$830K
Change in value
Past 12 months
N/A2.1%
Sold
Past 3 months
183
Median days on market
Past 12 months
N/A41
Average rent
Past 12 months
$765$880
Change in rent
Past 12 months
-10.0%4.8%

5 year median price trend for houses and units

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Wolli Creek demographics

Wolli Creek, a burgeoning suburb in Sydney's south, is known for its modern residential developments and convenient access to the city. With a median age of 30, it attracts a youthful demographic, including young professionals and families who appreciate its proximity to the CBD and Sydney Airport. The suburb's vibrant atmosphere is complemented by its scenic riverside parks and a growing array of dining and shopping options.

Housing in Wolli Creek is predominantly rental-based, with 64.6% of properties being rented. This high rental rate reflects its appeal to those seeking flexible living arrangements, particularly young professionals and students. The suburb's household composition is diverse, with a significant proportion of couple families without children, making up 65.2% of the family households. This indicates a preference for a modern, urban lifestyle among its residents.

The local community is dynamic, with a mix of cultures and backgrounds contributing to its lively character. The median total household income of $2163 per week suggests a relatively affluent population, which is supported by the suburb's modern amenities and infrastructure. Wolli Creek's strategic location, combined with its contemporary living environment, makes it an attractive choice for those seeking a balance between urban convenience and a relaxed lifestyle.

Wolli Creek infrastructure, key developments and investment opportunities

Wolli Creek continues to evolve as a high-density, transit-oriented hub, with ongoing apartment and mixed-use developments around the retail village and near the train station likely to support strong demand from investors and young professionals.[5] Its direct rail links to the CBD and airport, alongside easy access to the Princes Highway and surrounding employment centres, remain a key driver of renter and buyer interest, particularly for those prioritising commute times and connectivity.[5]

The suburb benefits from proximity to the Cooks River and Wolli Creek parklands, providing walking and cycling paths that enhance lifestyle appeal and support premium pricing for properties with outlooks over green space or water.[5] As part of Bayside Council’s broader urban renewal and higher-density planning framework, further incremental infill and amenity upgrades are expected over time, which may increase overall housing supply while reinforcing Wolli Creek’s position as an accessible, well-serviced inner-south growth precinct.[5]

Wolli Creek rental market trends

The rental market in Wolli Creek shows stability in house rents at $765 per week, with no change over the past year, while unit rents have increased by 4.8% to $880 per week. Offering a mix of modern amenities and convenience, Wolli Creek continues to attract renters seeking value in a strategic location close to the city.

Suburbs near Wolli Creek

Some popular suburbs near Wolli Creek include:

How does Wolli Creek compare to nearby suburbs?

  • Median house prices: Wolli Creek’s median house price is 52.6% higher than Tempe’s.
  • Median unit prices: Wolli Creek’s median unit price is 2.2% higher than Arncliffe’s.
  • Unit price growth: Property prices in nearby Arncliffe have risen 2.5% more than in Wolli Creek over the past year.
  • Selling speed for units: Properties in nearby Turrella are selling 46.3% faster than in Wolli Creek.
  • Investment considerations: In Wolli Creek, the rental yield for house is 18.2% lower than the Sydney average, while the rental yield for units is 13.1% higher.
  • House price growth: Over the past 12 months, house prices in Wolli Creek have grown 22.7% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Wolli Creek have grown 10.5% lower than the average rate of growth for units across Sydney.

Common questions about Wolli Creek

  • Is Wolli Creek a nice place to live?

    Wolli Creek is a fantastic place to live, offering a delightful blend of urban convenience and natural beauty. This charming suburb is known for its vibrant community and modern lifestyle, making it an appealing choice for families and young professionals alike. With its proximity to the CBD and Sydney Airport, Wolli Creek provides excellent connectivity, ensuring that residents can easily access the amenities and opportunities of the city while enjoying the peacefulness of suburban life.

    The suburb boasts a lively atmosphere, with a diverse mix of cultures contributing to its dynamic character. Families will appreciate the abundance of parks and green spaces, such as the scenic riverside areas along the Cooks River, which provide ample opportunities for outdoor activities and relaxation. The local dining and shopping scene is continually expanding, offering a variety of options to suit different tastes and preferences.

    Safety is generally not a major concern in Wolli Creek, and the suburb's modern infrastructure supports a comfortable and convenient lifestyle. However, living in this rapidly evolving area does come with some trade-offs. The high density of apartment living may not suit those seeking larger homes with private gardens, and the bustling nature of the suburb might not appeal to those looking for a quieter, more traditional suburban experience.

    Overall, Wolli Creek is a wonderful place to call home for those who value a modern, urban lifestyle with easy access to both the city and nature. Its vibrant community, excellent connectivity, and growing amenities make it a highly desirable suburb for families and individuals seeking a balanced and fulfilling way of life.

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  • Is it expensive to live in Wolli Creek?

    Living in Wolli Creek, an inner suburb of Sydney, can be quite costly, especially when it comes to housing. While there are no current median house prices available, the median unit price is around $830,000. This is a significant investment, particularly when compared to the average annual wage in Greater Sydney, which is approximately $90,000. Renting in Wolli Creek also comes with a hefty price tag, with average rents for units being about $880 per week, making it a considerable expense for many.

    The median total household income in Wolli Creek is $2,163 per week, which is higher than the average wage in Greater Sydney. However, given the high cost of renting and purchasing property in the area, living in Wolli Creek may still require a substantial financial commitment. While the suburb offers the convenience of proximity to Sydney's central business district and a vibrant lifestyle, it's essential to weigh these benefits against the financial demands of residing in this area. If you are thinking of living in Wolli Creek, it's crucial to ensure that your income can comfortably support the costs associated with this desirable location.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Wolli Creek a good place to invest?

    Wolli Creek presents an interesting opportunity for property investors, especially those looking at the unit market. Over the past year, the median unit value in Wolli Creek has increased by 2.1%, and rental prices for units have risen by 4.8%. This suggests a growing demand for units, likely driven by the suburb's proximity to Sydney's CBD and its excellent transport links, making it an attractive location for young professionals and students.

    While the median house value and house rents have remained stable, the unit market's performance indicates potential for rental income growth. The suburb's modern amenities, including shopping centers and recreational facilities, add to its appeal, making it a vibrant place to live. For investors, Wolli Creek offers a promising mix of steady rental returns and potential capital growth, particularly in the unit sector, making it a suburb worth considering for those looking to invest in Sydney's property market.

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Choose the right real estate agents in Wolli Creek

Currently, there are 116 real estate agents working in Wolli Creek—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 116 agents sold 43.2% of all properties in Wolli Creek over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Wolli Creek typically charge a commission of 1.58% to 2.14%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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