Fernhill is a close-knit residential community in New South Wales within the Wollongong local government area (postcode 2519). It is home to about 987 residents, with a settled, mature resident base and a median age of 45. Households earn a median income of $58K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Scottish.
Median house prices in Fernhill stand at $1.3 million, having jumped by 16.2% over the last twelve months. Units have a median price of $635,000 (-0.5% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Wollongong LGA is below average at 3,494 incidents per 100,000 population.
From an investment perspective, Fernhill shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 22.8x is considered stretched. House prices have moved +16.2% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.