Located in New South Wales within the Shoalhaven local government area, Cunjurong Point is a quiet locality (postcode 2539). The area has roughly 111 residents and a more retirement-aged population, with a median age of 60. Households earn a median income of $70K per year, with an average household size of 1.9 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, labourers, technicians & trades. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Cunjurong Point stand at $137,000, having declined steeply by 59.8% over the last twelve months. The current median weekly rent is $585. This gives a gross rental yield of approximately 22.3%. The median monthly mortgage repayment is $1,380.
Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 22.3% (high yield). Property prices sit below the state median ($137K/$1.5M), which can point to relative value. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -59.8% 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.