South Nowra is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2541). With a population of 3,165, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $93K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in South Nowra is $694,000, having dropped significantly 18.2% over the past year. Units have a median price of $680,000 (-0.3% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 42 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, South Nowra offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($694K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -18.2% year-on-year.
South Nowra is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2541). With a population of 3,165, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $93K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in South Nowra is $694,000, having dropped significantly 18.2% over the past year. Units have a median price of $680,000 (-0.3% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 42 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, South Nowra offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($694K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -18.2% year-on-year.