Wollongong City Council
Russell Vale
Russell Vale at a glance
Median house
$1,250,000
+20.2% year on year
Median unit
$343,440
Days on market
54
Average to sell
Walk score
0
Very car dependent
Population
1,593
Median age 39
About
Welcome to Russell Vale.
Russell Vale (2517) sits in the Wollongong region of NSW. The median house here is $1,250,000, in line with the NSW median of around $1.10M. Prices have moved +20.2% over the past year, well clear of the NSW average (3%).
Russell Vale has roughly 1,593 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops. Listings here typically sell in 54 days, slower than the NSW average of 32.
Side by side
Compare Russell Vale with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Houses change hands at $1,250,000 on a typical sale, in line with the NSW median. Units come in around $343,440, roughly 73% below the house median. The last 12 months delivered strong growth (+20.2%) — well clear of the long-run average for the state. Days on market run long (54 days), so well-priced listings still need patience.
For buyers
A 20% deposit on the median house works out to roughly $250,000. Prices are in line with the NSW median, so the broader state lending settings apply.
For sellers
Days on market are running long here (54 days), so realistic pricing and patient marketing matter. Twelve-month growth is +20.2%, supporting confident pricing at the upper end of recent comparables.
Market
The price of a home here.
Median house price
$1,250,000
+20.2% over the past year. Median unit price $343,440.
Sales data as of May 2026· rental-nsw
Rental and ownership
Weekly rent (house)
$400/wk
Weekly rent (unit)
$400/wk
Owner occupied
78%
Renter occupied
22%
At a deeper level
$1,250,000
+20.2% annual growth
$343,440
54
Average days to sell
1,593
Median age: 39
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For investors
Investment overview.
Gross rental yield on houses sits at 1.66% (median rent $400/wk against a $1,250,000 price tag). Units yield 6.06% gross, often the better cash-flow play for first-time investors. Renter share is modest (22%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +20.2% adds a capital-growth case on top of the yield.
Gross Yield (House)
Source: NSW Fair Trading · May 20261.66%
Based on $1,250,000 median
Gross Yield (Unit)
Source: NSW Fair Trading · May 20266.06%
Based on $343,440 median
Annual Growth (House)
Source: NSW Fair Trading · May 2026+20.2%
Year-on-year capital growth
Annual Growth (Unit)
Source: NSW Fair Trading · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202678%
Higher = more owner-occupier demand
Days on Market
Source: NSW Fair Trading · May 202654 days
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
5-year trajectory
at +20.2%/yr
2021
$498K
5-year change
+151%
2026
$1.3M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Who lives here
Demographics.
The 2021 Census put Russell Vale's population at 1,593, with a median age of 39. That sits as a typical family-age mix. Households are predominantly owner-occupied (78% own, 22% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (75% family households, 22% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,593
Median age
39
Family households
75%
Lone person
22%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Russell Vale scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 12 government primary, 3 government secondary, 3 Catholic, 2 independent.
Safety
Crime and safety.
90
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2025· State Police Open Data
Getting around
Walkability.
0
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Russell Vale.
Local schools for Russell Vale
View the catchment for each school to find out more.
Government School Catchment
Russell Vale Public School
Corrimal Public School
Woonona East Public School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Russell Vale.
- What is the median house price in Russell Vale?
- The median house price in Russell Vale, NSW 2517 is $1,250,000. The median unit price is $343,440. Annual growth is +20.2%.
- What is the Russell Vale postcode?
- Russell Vale is in the 2517 postcode, in NSW, in the Wollongong City Council region.
- What is the average rent in Russell Vale?
- The median weekly rent for houses is $400, for units it's $400.
- What schools are in Russell Vale?
- There are 20 schools serving Russell Vale on this page, including Russell Vale Public School, Aspect South Coast School, Corrimal Public School.
- How walkable is Russell Vale?
- Russell Vale has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Russell Vale?
- Russell Vale is close to Corrimal, Bellambi, Woonona, Woonona East, Corrimal East.
- What is the population of Russell Vale?
- Russell Vale has approximately 1,593 residents. The median age is 39.
For Sale
Russell Vale
Guides
Surrounding Suburbs
Side by side
Compare Russell Vale vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
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