Currarong is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 479, the suburb has an older demographic with a median age of 61. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Currarong is $1.1 million, having dropped significantly 10% over the past year. Units have a median price of $2.2 million. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,820.
Public transport access includes 12 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Currarong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -10.0% year-on-year.
Currarong is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 479, the suburb has an older demographic with a median age of 61. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Currarong is $1.1 million, having dropped significantly 10% over the past year. Units have a median price of $2.2 million. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,820.
Public transport access includes 12 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Currarong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -10.0% year-on-year.