Question 1

Is Wombarra a nice place to live?

Accepted Answer

Wombarra is a small coastal village on the Illawarra coast. Life centres on a surf beach, coastal walking paths and a railway station on the South Coast line. Housing is low-rise on narrow streets and clifftops, from weatherboard cottages to contemporary homes with ocean views. The community is weighted towards couple families, and most homes are owner-occupied (84.3%). It appeals to people seeking a quieter seaside lifestyle while retaining rail access for commuting.

Coastal protection planning is under way for Wombarra Beach, with proposed works such as a new sea wall and improved beach access. Planned maintenance and trackwork affect the South Coast line and local stations. The local surf club has received funding for upgraded storage and equipment, and council planning covers the area but lists no new suburb-specific social infrastructure projects. Whether Wombarra suits you depends on whether you want a small seaside village with coastal scenery and rail links.

Question 2

Is it expensive to live in Wombarra?

Accepted Answer

A typical house rent in Wombarra is about $850 a week. Against a typical local household income of $2,860 a week at the last Census, that rent would take about 29.7% of a household's weekly income, which is a moderate share of income; if you're renting, that rent share is the figure that matters when judging how expensive living here is.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Wombarra a good place to invest?

Accepted Answer

House rents in Wombarra fell sharply over the past 12 months, down 26.1%. House values also declined over the year, down 4.6%, a modest fall compared with the rental change.

For someone looking at this suburb as an investment, the two available figures point to falling capital value and falling rental income over the year, with rental income weakening much more than price. Whether that balance fits your objectives and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-4.6%	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$850	N/A
Change in rent Past 12 months	-26.1%	N/A

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