Durras North is a small, quiet locality in New South Wales within the Shoalhaven local government area (postcode 2536). It is home to about 50 residents, with a more retirement-aged population and a median age of 59. Households earn a median income of $94K per year, with an average household size of 2.1 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 labourers, managers, technicians & trades. Employment in the area leans toward accommodation & food and public admin & safety. The top ancestries reported are English, Australian, Irish.
The median house price in Durras North is $620,000, having dipped slightly by 1.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.6%.
The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.6% (moderate yield). Property prices sit below the state median ($620K/$1.5M), which can point to relative value. The price-to-income ratio of 6.6x is considered moderate. House prices have moved -1.6% 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.