Broughton Village (postcode 2534) is a sparsely populated locality in New South Wales within the Kiama local government area. The area has roughly 95 residents and an older demographic, with a median age of 56. Households earn a median income of $101K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% 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 managers, technicians & trades, clerical & administrative. Employment in the area leans toward construction and manufacturing. The top ancestries reported are English, Australian, Scottish.
Median house prices in Broughton Village stand at $2.0 million, having surged by 70.6% over the last twelve months. The current median weekly rent is $800. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 6 bus stops. The crime rate in the Kiama LGA is low at 1,682 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.0% (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 20.2x is considered stretched. House prices have moved +70.6% year-on-year. Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.