Located in New South Wales within the Kiama local government area, Kiama is a mid-sized suburb (postcode 2533). The area has roughly 7,904 residents and a settled, mature resident base, with a median age of 52. Households earn a median income of $82K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% 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, managers, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Kiama has a median house price of $1.5 million, which has eased back by 1.3% year-on-year. Units have a median price of $730,000 (-29% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Kiama is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1068, which is above the national average of 1,000. Public transport access includes 1 rail station, 48 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kiama LGA is low at 1,682 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.6% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.1x is considered stretched. House prices have moved -1.3% year-on-year. Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.