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Wollstonecraft suburb profile

Wollstonecraft is a picturesque suburb located on Sydney's lower North Shore, just 5km from the CBD. Known for its leafy streets and tranquil atmosphere, it offers a peaceful retreat with the convenience of city proximity. The suburb is characterized by a mix of elegant heritage homes and modern apartments, appealing to professionals and families alike. Wollstonecraft is well-served by public transport, including a train station, making commuting easy. The area boasts beautiful parks, such as Berry Island Reserve, providing residents with ample green space and stunning harbour views. Its blend of serenity and accessibility makes Wollstonecraft a highly sought-after location.

Wollstonecraft property market performance

Wollstonecraft's property market has shown stability and growth over the past 12 months. The median house price has remained steady at $1.44 million, while unit values have increased by 7.9%, bringing the median unit price to $1.36 million. This indicates a rising demand for units in the area.

Sales activity has been more robust in the unit market, with 56 units sold compared to just 5 houses over the past 12 months. Houses are selling relatively quickly, with a median of 23 days on the market, while units take longer, with a median of 36 days, suggesting a more competitive market for houses.

The rental market in Wollstonecraft has seen a notable increase in unit rents, which have risen by 7.1% over the last 12 months, while house rents have remained unchanged at $750, reflecting a strong demand for rental units.

Median price - houses$1.44MPast 3 months

Median price - units$1.36MPast 3 months

Change in value - houses-0.4%12 months

Change in value - units8.0%12 months

Houses sold3Past 3 months

Units sold42Past 3 months

Median DOM - houses23Past 12 months

Median DOM - units33.5Past 12 months

Average rent - houses$750Past 12 months

Average rent - units$750Past 12 months

Change in rent - housesN/APast 12 months

Change in rent - units5.3%Past 12 months

Wollstonecraft demographics

Wollstonecraft, nestled on Sydney's Lower North Shore, is a suburb that offers a blend of tranquility and urban convenience. With a population of 8,115 and a median age of 38, it attracts a mix of families, professionals, and retirees who appreciate its leafy streets and proximity to the city. The suburb's median total household income of $2,639 per week reflects its affluent demographic, with many residents enjoying comfortable lifestyles supported by well-paying jobs in nearby business districts.

Housing in Wollstonecraft is characterized by a mix of ownership and rental options. Nearly half of the properties are rented, appealing to those seeking flexibility, while 27.6% of homes are owned outright, indicating a stable community of long-term residents. Additionally, 22.5% of properties are owned with a mortgage, suggesting a healthy mix of established homeowners and new buyers entering the market.

Family dynamics in Wollstonecraft are diverse, with 33.6% of households being couple families with children and 53.8% being couple families without children. This balance highlights the suburb's appeal to both young families and professionals who enjoy the area's peaceful environment and excellent amenities. The presence of one-parent families (9.9%) and other family types (2.7%) further contributes to the suburb's inclusive and varied community. With its combination of natural beauty, convenient location, and strong community ties, Wollstonecraft remains a sought-after destination for those seeking a high quality of life in Sydney.

Wollstonecraft infrastructure, key developments and investment opportunities

Wollstonecraft is experiencing some notable infrastructure improvements that may impact its property market. The recent upgrade of Manly Village Public School, set to complete in early 2025, has enhanced local education facilities and could attract more families to the area. Additionally, the transformation of the former Manly Hospital site into a health and wellbeing precinct is underway, incorporating seniors housing, childcare facilities, and public amenities, which may boost demand for nearby properties.

Public transport enhancements are also in progress, with plans for a New Manly Transport Hub aimed at integrating various transit modes and improving connectivity. This could potentially increase property desirability along key routes. The suburb's proximity to waterfront amenities and ongoing migration trends continue to underpin strong property demand in Wollstonecraft. These developments collectively enhance livability and are likely to sustain or increase property values in the area.

Wollstonecraft rental market trends

The rental market in Wollstonecraft has shown stability for houses, with no change in rents over the past year, maintaining at $750 per week. In contrast, unit rents have increased by 7.1%, also reaching $750 per week. This suburb continues to attract renters with its balanced market and desirable location, offering consistent returns for investors.

Suburbs near Wollstonecraft

Some popular suburbs near Wollstonecraft include:

Common questions about Wollstonecraft

  • Is Wollstonecraft a nice place to live?

    Wollstonecraft is a delightful suburb that offers a harmonious blend of tranquility and urban convenience, making it a wonderful place to call home. Its leafy streets and serene atmosphere provide a peaceful retreat from the hustle and bustle of city life, while still being just a stone's throw away from Sydney's CBD. The suburb is known for its charming mix of elegant heritage homes and modern apartments, catering to a diverse community of professionals and families. With excellent public transport options, including a train station, commuting is a breeze, adding to the suburb's appeal.

    Families will find Wollstonecraft particularly inviting, thanks to its strong community feel and access to quality amenities. The suburb boasts beautiful parks and green spaces, such as Berry Island Reserve, where residents can enjoy leisurely strolls and stunning harbour views. While Wollstonecraft may not have the vibrant nightlife of inner-city areas, it compensates with a peaceful environment and a strong sense of community. The ongoing infrastructure improvements, including enhanced educational facilities and a new health and wellbeing precinct, are likely to attract even more families to the area.

    Living in Wollstonecraft does come with some trade-offs. The suburb's desirability and proximity to the city mean that property prices can be on the higher side, which might be a consideration for those on a tighter budget. However, for those who value a high quality of life, with a balance of natural beauty, convenience, and community, Wollstonecraft is an exceptional choice. Safety is generally not a concern, and the suburb's welcoming atmosphere makes it an ideal place for families and individuals seeking a serene yet connected lifestyle.

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  • Is it expensive to live in Wollstonecraft?

    Living in Wollstonecraft can be quite expensive, especially when compared to the average wages in the area. The median house price is currently $1,440,000, and the median unit price is $1,355,000, which are both on the higher side. For those considering renting, the average rent for both houses and units is $750 per week. These figures suggest that housing in Wollstonecraft requires a significant financial commitment.

    The average wage in Wollstonecraft is around $95,000 per year, which is relatively high compared to many other areas in New South Wales. However, when you consider the median total household income weekly at $2,639, the cost of property and rent still represents a large portion of income. This indicates that while the suburb offers a desirable lifestyle with its proximity to Sydney and local amenities, the cost of living, particularly in terms of housing, can be challenging for those not earning above-average salaries.

    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 Wollstonecraft a good place to invest?

    Wollstonecraft is an intriguing suburb for potential investors, particularly those interested in units. Over the past 12 months, the median unit value in Wollstonecraft has increased by 7.9%, indicating a strong demand in this segment of the market. This growth is complemented by a 7.1% rise in rent for units, suggesting that rental demand is robust and likely to provide a steady income stream for investors.

    While the median house value and rent for houses have remained stable with no change over the past year, this stability can be appealing for investors seeking a low-risk investment. Wollstonecraft's proximity to the city and its reputation as a desirable residential area contribute to its attractiveness. The suburb offers a blend of urban convenience and a peaceful lifestyle, making it appealing to both renters and buyers.

    Overall, Wollstonecraft presents a promising opportunity, especially for those focusing on units. The consistent rise in unit values and rents highlights the suburb's potential for capital growth and rental yield. For investors looking for a balanced mix of stability and growth, Wollstonecraft is certainly worth considering.

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