Wattamolla is a sparsely populated locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 71, the suburb has a more retirement-aged population with a median age of 61. Households earn a median income of $143K 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 professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and admin services. The top ancestries reported are English, Australian, Scottish.
Median house prices in Wattamolla stand at $4.6 million, having jumped by 127.5% over the last twelve months. The current median weekly rent is $565. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $2,319.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,639 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 0.6% (low yield). Property prices are above the state median ($4.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.2x is considered stretched. House prices have moved +127.5% 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.