Located in New South Wales within the Mid-Coast local government area, Killawarra is a sparsely populated locality (postcode 2429). It is home to about 178 residents, with a mature demographic and a median age of 52. Households earn a median income of $82K per year, with an average household size of 2.8 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward construction and agriculture. The top ancestries reported are Australian, English, Scottish.
Median house prices in Killawarra stand at $891,000, having jumped by 49.7% over the last twelve months. The current median weekly rent is $505. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,689.
Public transport access includes 11 bus stops. The crime rate in the Mid-Coast LGA is moderate at 4,023 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices sit below the state median ($891K/$1.5M), which can point to relative value. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +49.7% 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.