Located in New South Wales within the Shoalhaven local government area, Bomaderry is a medium-sized suburb (postcode 2541). It is home to about 6,738 residents, with a mature demographic and a median age of 45. Households earn a median income of $58K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Bomaderry is $730,000, broadly unchanged over the past year. Units have a median price of $558,000 (+16.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,584.
Bomaderry is served by 4 schools, including 1 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 972, which is around the national average of 1,000. Public transport access includes 86 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices sit below the state median ($730K/$1.5M), which can point to relative value. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +0.3% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.