North Nowra is a mid-sized suburb in New South Wales within the Shoalhaven local government area (postcode 2541). With a population of 5,856, the suburb has an established demographic with a median age of 39. Households earn a median income of $73K per year, with an average household size of 2.4 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 North Nowra is $882,000, having surged 18.4% over the past year. Units have a median price of $470,000 (-11.4% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,719.
North Nowra is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 66 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, North Nowra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($882K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +18.4% year-on-year.
North Nowra is a mid-sized suburb in New South Wales within the Shoalhaven local government area (postcode 2541). With a population of 5,856, the suburb has an established demographic with a median age of 39. Households earn a median income of $73K per year, with an average household size of 2.4 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 North Nowra is $882,000, having surged 18.4% over the past year. Units have a median price of $470,000 (-11.4% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,719.
North Nowra is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 66 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, North Nowra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($882K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +18.4% year-on-year.