Cronulla is an established suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 17,899, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $107K per year, with an average household size of 2.1 people. 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, managers, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Cronulla has a median house price of $3.4 million, which has moved higher by 5% year-on-year. Units have a median price of $1.2 million (+7% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,404.
Cronulla is served by 8 schools, including 5 primary, 3 secondary. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 1 ferry wharf, 55 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
Looking at the investment signals, Cronulla shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 31.9x is considered stretched. House prices have moved +5.0% year-on-year.