Wrights Beach is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 137, the suburb has a mature demographic with a median age of 49. Households earn a median income of $87K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Wrights Beach is $980,000, having dropped significantly 24.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,677.
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, Wrights Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved -24.6% year-on-year.
Wrights Beach is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 137, the suburb has a mature demographic with a median age of 49. Households earn a median income of $87K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Wrights Beach is $980,000, having dropped significantly 24.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,677.
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, Wrights Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved -24.6% year-on-year.