Located in New South Wales within the Shoalhaven local government area, Sanctuary Point is a mid-sized suburb (postcode 2540). The area has roughly 7,874 residents and a mature demographic, with a median age of 47. Households earn a median income of $56K 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 +0.7% 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 community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Sanctuary Point is $715,000, having increased by 2.1% over the past year. Units have a median price of $623,000 (-4.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,545.
Sanctuary Point is served by 1 school, including 1 primary. The average ICSEA score is 909, which is below the national average of 1,000. Public transport access includes 78 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
From an investment perspective, Sanctuary Point shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices sit below the state median ($715K/$1.5M), which can point to relative value. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +2.1% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.