Kurnell is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2231). The area has roughly 2,528 residents and an established family demographic, with a median age of 38. Households earn a median income of $112K per year, with an average household size of 3.1 people. 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 technicians & trades, professionals, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Kurnell has a median house price of $1.8 million, which has softened modestly by 1.1% year-on-year. Units have a median price of $1.3 million (+1.6% YoY). The current median weekly rent is $760. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,600.
Kurnell is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1030, which is around the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved -1.1% year-on-year.