Jerrara is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 132, the suburb has an established demographic with a median age of 41. Households earn a median income of $151K per year, with an average household size of 3.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Jerrara is $547,000, having dropped significantly 88.9% over the past year. The current median weekly rent is $728. This gives a gross rental yield of approximately 6.9%. The median monthly mortgage repayment is $1,867.
Public transport access includes 4 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Jerrara offers a gross rental yield of 6.9%, rated as high yield. Property prices sit below the state median ($547K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -88.9% year-on-year.
Jerrara is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 132, the suburb has an established demographic with a median age of 41. Households earn a median income of $151K per year, with an average household size of 3.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Jerrara is $547,000, having dropped significantly 88.9% over the past year. The current median weekly rent is $728. This gives a gross rental yield of approximately 6.9%. The median monthly mortgage repayment is $1,867.
Public transport access includes 4 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Jerrara offers a gross rental yield of 6.9%, rated as high yield. Property prices sit below the state median ($547K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -88.9% year-on-year.