Mollymook is a small locality in New South Wales within the Shoalhaven local government area (postcode 2539). It is home to about 1,195 residents, with a more retirement-aged population and a median age of 55. Households earn a median income of $70K 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 +0.7% 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, community & personal service. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
Mollymook has a median house price of $1.2 million, holding roughly steady year-on-year. Units have a median price of $709,000 (-6.7% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 2.6%. 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 3,639 incidents per 100,000 population.
From an investment perspective, Mollymook shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 16.9x is considered stretched. House prices have moved +0.1% 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.