Barrack Point (postcode 2528) is a small locality in New South Wales within the Shellharbour local government area. With a population of 725, the suburb has a settled, mature resident base with a median age of 48. Households earn a median income of $95K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% 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, managers, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Barrack Point stand at $2.0 million, having dropped significantly by 13.7% over the last twelve months. Units have a median price of $1.2 million (+23.5% YoY). The current median weekly rent is $612. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 7 bus stops. The crime rate in the Shellharbour LGA is below average at 2,875 incidents per 100,000 population.
From an investment perspective, Barrack Point shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.6x is considered stretched. House prices have moved -13.7% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.