Greenwell Point is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 1,245, the suburb has an older demographic with a median age of 58. Households earn a median income of $57K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Greenwell Point is $905,000, having surged 20.7% over the past year. Units have a median price of $645,000 (+18.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,495.
Greenwell Point is served by 1 school, including 1 primary. The average ICSEA score is 943, which is below the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Greenwell Point offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.9x is considered stretched. House prices have moved +20.7% year-on-year.
Greenwell Point is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 1,245, the suburb has an older demographic with a median age of 58. Households earn a median income of $57K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Greenwell Point is $905,000, having surged 20.7% over the past year. Units have a median price of $645,000 (+18.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,495.
Greenwell Point is served by 1 school, including 1 primary. The average ICSEA score is 943, which is below the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Greenwell Point offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.9x is considered stretched. House prices have moved +20.7% year-on-year.