Badagarang, formerly Cambewarra Estate, in North Nowra is fast becoming one of Shoalhaven’s most compelling areas for property investors.
If you’re researching “property investment in the Shoalhaven” or considering “where to invest in the Shoalhaven region,” Badagarang should be on your radar. This newly renamed and master-planned suburb on the northern fringe of Nowra combines regional charm, strategic infrastructure investment, and long-term growth potential, making it one of NSW’s most promising emerging investment markets.
Shoalhaven is projected to grow its population by 26% from 2021 to 2051, adding around 30,000 new residents. This will require around 480 new dwellings annually for the next three decades. With limited supply pipelines, especially in desirable new communities like Badagarang, property investors have an opportunity to act ahead of tightening conditions.
Badagarang benefits from its close proximity to Nowra, the commercial and healthcare hub of Shoalhaven, where major infrastructure projects are underway:
These developments enhance accessibility, employment, and liveability, all major drivers of long-term capital growth.
Shoalhaven’s economy contributes $15.7 billion annually, around 24.5% of the Illawarra region’s total economic output. The region supports 42,000 jobs, driven by construction, healthcare, education, and a significant defence presence with HMAS Albatross and HMAS Creswell nearby. This diverse base underpins local employment and reduces reliance on Sydney commuters.
The new suburb of Badagarang combines the serenity of the South Coast with the essentials of modern living.
Badagarang combines the serenity of the South Coast with the essentials of modern living. Residents enjoy proximity to stunning beaches, national parks, cultural festivals, and a growing food and wine scene. Access to schools, TAFE, the University of Wollongong Shoalhaven Campus, and two hospitals make the area well-suited for families, professionals, and retirees alike.
As flexible work arrangements continue to rise, more people are choosing lifestyle suburbs, supporting the long-term growth story of Shoalhaven and Badagarang.
With a vacancy rate of just 1.5%, Shoalhaven is facing growing housing pressure amid limited new building approvals. As migration to regional areas continues and affordability draws more buyers south of Sydney, suburbs like Badagarang are likely to see both rental and capital value appreciation.
With a median house price of $768,200 in Shoalhaven (May 2025) the region offers nearly half the entry cost compared to Sydney’s median of $1,474,000. For investors, that means access to a strong market with lower capital requirements and a growing number of renters seeking affordable lifestyle hubs.
For investors looking at where to invest in the Shoalhaven region, Badagarang offers a rare combination of infrastructure-led growth, lifestyle appeal, strong demand and standout affordability. It’s a rising star in regional NSW and one to watch closely.
Disclaimer
The information provided is general in nature, it does not take your personal objectives, circumstances or needs into account. It is not specific advice and is not intended to be passed on or relied upon. Any indicative information and assumptions used may change without notice, particularly if based on past performance. Interest rates are subject to change. Finance approval is subject to terms and conditions and meeting lender approval criteria.