North Narooma (postcode 2546) is a small community in New South Wales within the Eurobodalla local government area. With a population of 683, the suburb has a more retirement-aged population with a median age of 57. 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 +0.5% 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 professionals, technicians & trades, managers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are English, Australian, Irish.
North Narooma has a median house price of $903,000, which has risen steeply by 12.1% year-on-year. Units have a median price of $925,000 (+42.5% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,571.
Public transport access includes 8 bus stops. The crime rate in the Eurobodalla LGA is below average at 3,223 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.8% (low yield). Property prices sit below the state median ($903K/$1.5M), which can point to relative value. The price-to-income ratio of 12.8x is considered stretched. House prices have moved +12.1% 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.