St Georges Basin is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 3,215, the suburb has a mature demographic with a median age of 53. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in St Georges Basin is $600,000, having dropped significantly 16.1% over the past year. Units have a median price of $715,000 (-7.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,690.
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, St Georges Basin offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved -16.1% year-on-year.
St Georges Basin is a smaller suburb in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 3,215, the suburb has a mature demographic with a median age of 53. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in St Georges Basin is $600,000, having dropped significantly 16.1% over the past year. Units have a median price of $715,000 (-7.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,690.
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, St Georges Basin offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved -16.1% year-on-year.