Located in New South Wales within the Shoalhaven local government area, Wrights Beach is a quiet locality (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. 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, professionals, labourers. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Aboriginal Australian.
Wrights Beach has a median house price of $980,000, which has jumped by 98% year-on-year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.1%. 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 3,639 incidents per 100,000 population.
Looking at the investment signals, Wrights Beach shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices sit below the state median ($980K/$1.5M), which can point to relative value. The price-to-income ratio of 11.2x is considered stretched. House prices have moved +98.0% 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.