Koolewong

POSTAL CODE: NSW, 2256
HOUSE

Property investors have seen a -6.09% drop in KOOLEWONG based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on KOOLEWONG, 2256 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.49%.

Based on its average 5-year and quarterly capital gains KOOLEWONG, 2256 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,080,000

Profits averaged 5.67% per annum over a 3-year period, due to an upward trend in home prices in KOOLEWONG, 2256.

This means, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

The gross rental yield in KOOLEWONG, 2256 is 3.61%.

An average of 1.75 real estate transactions take place per month in KOOLEWONG which translates to 21 per annum.

Surburb overview

Koolewong, in the 2256 postcode on the Central Coast of New South Wales, is a waterfront suburb located about 79 kilometres north of Sydney’s central business district and 6 kilometres south of Gosford. It lies on the western foreshore of Brisbane Water, between Tascott and Woy Woy Bay, with a landscape shaped by steep hillsides descending to the water’s edge.

The suburb has a population of around 900 residents. Demographics reflect a community with a higher proportion of older adults and retirees compared with the state average, giving Koolewong a median age in the high 40s. Families and professionals also reside in the area, with English the predominant language spoken at home. Housing consists mainly of detached dwellings, many positioned on sloping blocks to capture views of Brisbane Water.

Public transport is a notable feature of Koolewong. Koolewong railway station, located on the Central Coast and Newcastle Line, provides intercity services to Sydney and Newcastle. Bus services along Brisbane Water Drive connect the suburb to Gosford, Woy Woy, and neighbouring districts. Road access is via Brisbane Water Drive, linking directly to the Central Coast Highway and the M1 Pacific Motorway.

Essential establishments are limited within Koolewong itself. Residents rely on nearby Woy Woy and Gosford for shopping, schools, and healthcare services. Local educational facilities include Woy Woy South Public School, Gosford High School, and Brisbane Water Secondary College. Healthcare is provided through clinics in Woy Woy and Gosford, with Gosford Hospital serving as the nearest major medical centre.

Recreational opportunities in Koolewong are centred on its foreshore and bushland setting. Parks and reserves along Brisbane Water provide opportunities for walking, fishing, and kayaking, while boat ramps and jetties support water-based recreation. Adcock Park, located nearby in West Gosford, offers sporting fields, while Brisbane Water National Park provides bushwalking trails and opportunities for wildlife observation. Koolewong’s combination of waterfront views, transport access, and quiet residential character defines its role as a small but connected community on the Central Coast.

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