Wattamolla is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 71, the suburb has an older demographic with a median age of 61. Households earn a median income of $143K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Wattamolla is $2.3 million, having dropped significantly 36.1% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.8%. 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 3,609 incidents per 100,000 population.
From an investment perspective, Wattamolla offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 16.1x is considered stretched. House prices have moved -36.1% year-on-year.
Wattamolla is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 71, the suburb has an older demographic with a median age of 61. Households earn a median income of $143K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Wattamolla is $2.3 million, having dropped significantly 36.1% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.8%. 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 3,609 incidents per 100,000 population.
From an investment perspective, Wattamolla offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 16.1x is considered stretched. House prices have moved -36.1% year-on-year.