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Investment Property Nowra, NSW, 2541

Suburb Snapshot

Nowra is a suburb in the Shoalhaven Region of New South Wales. Nowra has a population of 9,193 people and 38.71% of its occupants live in rental accommodation. The median listing price for houses is $662,500 and this has changed -2.44% over the past year and changed 0.37% over 2 years.

The median rent in Nowra for houses is $520 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed -12.86% compared to last year and the average time to sell a house/townhouse is 87 days.The median listing price for units is $402,000 and this has changed -19.60% over the past year. The average unit takes 137 days to sell and the median rent for a unit in Nowra is $380 per week, producing a rental yield of 4.91%.

Supply & Demand in Nowra, Shoalhaven

1.04%

Current vacancy rate


52

Rental stock available


9,193

Population


38.71%

Rental population


0.57%

Current vacancy rate


359

Rental stock available


99,654

Population


18.36%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Nowra, Shoalhaven

  House Townhouses Units
Median listing price $662,500 $650,000 $402,000
Median price change - last quarter -1.12% 2.36% -5.97%
Median price change - 1 year -2.44% 9.70% -19.60%
Median price change - 2 years 0.37% NA 5.78%
  House Townhouses Units
Median weekly rent $520 $530 $380
Median yield % 4.08% 4.24% 4.91%
Median rent change - 1 year 8.33% 16.48% 5.55%
  House Units
Previous month sales 6 3
Stock on market previous month 61 16
Stock variance vs. last year -12.86% 300.00%
Average days on market 87 137

Nowra investment property listings

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