Ulladulla (postcode 2539) is a medium-sized suburb in New South Wales within the Shoalhaven local government area. With a population of 7,262, the suburb has an older-leaning population with a median age of 51. Households earn a median income of $52K per year, with an average household size of 2.2 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 technicians & trades, community & personal service, labourers. Employment in the area leans toward retail trade and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Ulladulla has a median house price of $890,000, which has risen solidly by 6% year-on-year. Units have a median price of $660,000 (-3.3% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,579.
Ulladulla is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 2 rail stations, 55 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.4% (moderate yield). Property prices sit below the state median ($890K/$1.5M), which can point to relative value. The price-to-income ratio of 17.0x is considered stretched. House prices have moved +6.0% 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.