Mollymook Beach is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 2,531, the suburb has an older demographic with a median age of 57. Households earn a median income of $65K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mollymook Beach is $963,000, having dropped significantly 14.8% over the past year. Units have a median price of $735,000 (-1.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,700.
Public transport access includes 22 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 Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($963K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -14.8% year-on-year.
Mollymook Beach is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 2,531, the suburb has an older demographic with a median age of 57. Households earn a median income of $65K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mollymook Beach is $963,000, having dropped significantly 14.8% over the past year. Units have a median price of $735,000 (-1.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,700.
Public transport access includes 22 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 Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($963K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -14.8% year-on-year.