Located in New South Wales within the Wingecarribee local government area, Renwick is a small locality (postcode 2575). It is home to about 1,453 residents, with a mix of young professionals and families and a median age of 37. Households earn a median income of $124K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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, technicians & trades, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Renwick stand at $1.1 million, having dropped significantly by 11.6% over the last twelve months. The current median weekly rent is $780. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,522.
Public transport access includes 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
Looking at the investment signals, Renwick shows a gross rental yield of approximately 3.6%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -11.6% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.