Mollymook is a small community in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 1,195, the suburb has an older demographic with a median age of 55. Households earn a median income of $70K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mollymook is $1.1 million, having increased 4.5% over the past year. Units have a median price of $800,000 (+5.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Mollymook offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +4.5% year-on-year.
Mollymook is a small community in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 1,195, the suburb has an older demographic with a median age of 55. Households earn a median income of $70K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mollymook is $1.1 million, having increased 4.5% over the past year. Units have a median price of $800,000 (+5.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 10 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Mollymook offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +4.5% year-on-year.