Narooma is a compact suburb in New South Wales within the Eurobodalla local government area (postcode 2546). With a population of 2,731, the suburb has a predominantly older resident base with a median age of 58. Households earn a median income of $48K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 technicians & trades, community & personal service, managers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are English, Australian, Irish.
Narooma has a median house price of $1.0 million, which has surged by 23.8% year-on-year. Units have a median price of $413,000 (-22.5% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,517.
Narooma is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 54 bus stops. The crime rate in the Eurobodalla LGA is below average at 3,223 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.4%, which reads as low yield. Property prices are near the state median ($1.0M/$1.5M). The price-to-income ratio of 21.7x is considered stretched. House prices have moved +23.8% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.