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.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | $830K |
Change in value Past 12 months | N/A | 2.1% |
Sold Past 3 months | 1 | 83 |
Median days on market Past 12 months | N/A | 41 |
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
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.

