Comerong Island is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 19, the suburb has an older demographic with a median age of 67. Households earn a median income of $98K per year, with an average household size of 1.9 people. The top ancestries reported are English, Australian, Irish.
The median house price in Comerong Island is $3.0 million, having surged 100% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $1,381.
The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Comerong Island offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.8x is considered stretched. House prices have moved +100.0% year-on-year.
Comerong Island is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 19, the suburb has an older demographic with a median age of 67. Households earn a median income of $98K per year, with an average household size of 1.9 people. The top ancestries reported are English, Australian, Irish.
The median house price in Comerong Island is $3.0 million, having surged 100% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $1,381.
The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Comerong Island offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.8x is considered stretched. House prices have moved +100.0% year-on-year.