Werri Beach is a small community in New South Wales within the Kiama local government area (postcode 2534). With a population of 510, the suburb has a mature demographic with a median age of 47. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Werri Beach is $3.4 million, having surged 63.4% over the past year. Units have a median price of $780,000 (-23.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,513.
Public transport access includes 16 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Werri Beach offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.2x is considered stretched. House prices have moved +63.4% year-on-year.
Werri Beach is a small community in New South Wales within the Kiama local government area (postcode 2534). With a population of 510, the suburb has a mature demographic with a median age of 47. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Werri Beach is $3.4 million, having surged 63.4% over the past year. Units have a median price of $780,000 (-23.2% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,513.
Public transport access includes 16 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Werri Beach offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.2x is considered stretched. House prices have moved +63.4% year-on-year.