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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 $660,000 and this has changed -2.80% over the past year and changed -1.42% over 2 years.

The median rent in Nowra for houses is $510 per week and the median rental yield is 4.01%. Stock on the market for houses/townhouses has changed -5.88% compared to last year and the average time to sell a house/townhouse is 88 days.The median listing price for units is $402,000 and this has changed -19.60% over the past year. The average unit takes 131 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

1.32%

Current vacancy rate


66

Rental stock available


9,193

Population


38.71%

Rental population


0.60%

Current vacancy rate


374

Rental stock available


99,654

Population


18.36%

Rental population


1.02%

Current vacancy rate


37,155

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 $660,000 $650,000 $402,000
Median price change - last quarter -1.12% 2.36% -5.97%
Median price change - 1 year -2.80% 8.33% -19.60%
Median price change - 2 years -1.42% NA 5.78%
  House Townhouses Units
Median weekly rent $510 $540 $380
Median yield % 4.01% 4.32% 4.91%
Median rent change - 1 year 4.08% 17.39% 5.55%
  House Units
Previous month sales 11 2
Stock on market previous month 64 13
Stock variance vs. last year -5.88% 333.33%
Average days on market 88 131

Nowra investment property listings

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