A sea and tree change location with rapid growth across population and infrastructure, the Shoalhaven region is flourishing as an investor hot spot. A string of coastal villages, along with the regional centres of Nowra and Ulladulla, are located approximately two hours from Sydney. With a population of over 100,000 set to soar, road upgrades are well underway to slash commute times to Greater Sydney.
A diverse range of industries operate in the Shoalhaven alongside increasing and exciting new business opportunities. Combined with economic growth, this is a region that offers lifestyle perks for everyone. From hinterland bush walks to beaches and vineyards, work-life balance is almost a given.
Framed by ocean and countryside views, the Shoalhaven represents idyllic lifestyles. Now, rapid growth ensures a rich array of investment opportunities.
What makes the Shoalhaven region so appealing?
The Shoalhaven encompasses Hyams Beach in Jervis Bay which is famous for its pristine white sand and the town of Berry, a popular escape for glamorous Sydneysiders with sophisticated boutiques, dining experiences and a plethora of wineries nearby.
Growth across all sectors of the Shoalhaven
As of 2020, the population of the Shoalhaven is 107,031. The region is expected to see steady growth towards a population of 137,676 by 2051, which is a 29% increase. Currently, the economy has a gross regional product of $5.07 billion and growing, along with 40,985 jobs.
Among the wide range of industries operating in the Shoalhaven, education, building, construction, retail and tourism are significantly expanding. In Nowra alone, Health Care and Construction top approximately 7,535 businesses, making up 29% of the total output in the area. With mass infrastructure in the works, the region is gearing up for the predicted population growth.
Children per family
People per household
Major infrastructure projects underway
Including two hospitals in Nowra, nearby Shellharbour Airport, navy base HMAS Albatross, the South Nowra industrial estates, a wide range of schools and the Nowra CBD, the Shoalhaven is a self-sufficient region. However, transport infrastructure ensures quick connectivity with Wollongong, just an hour away via the Princes Highway with a $671 million upgrade in the works.
Expanding the education sector is the construction of the Industry 4.0 Hub at UOW Shoalhaven Campus in Nowra. Industry 4.0, known as the 'Fourth Industrial Revolution', is a new wave of innovation centred on automation and data exchange in manufacturing technologies. By backing from the University of Wollongong and the Australian Government, the Nowra Industry 4.0 Hub provides a collaborative environment for students, businesses and entrepreneurs.
Princes Highway upgrade
The Nowra Industry 4.0 Hub
The Nowra Bridge over the Shoalhaven River
Nowra Bridge upgrades
Commuting is set to get easier with the $342 million upgrades to Nowra Bridge over the Shoalhaven River and the $630 million Albion Park Rail Bypass opening soon. The upgrade of the Princes Highway will smooth the way from south of Nowra to the Victorian border.
Affordability with growth projected
Affordable property markets in the Shoalhaven deliver strong returns. Postcode 2540 in Nowra which incorporates 19 Shoalhaven suburbs, including the new suburb of Cambewarra, just six kilometres north of Nowra, is another upcoming success story. The area has an average rental yield of 4.5% p.a. over the last ten years and a healthy combined capital growth and rental yield of 12.1%. Average house prices of approximately $685.5k are attractive compared with Sydney prices at $1.25 million. The average rate of growth over the last 10 years was 7.1% p.a. and the average rental yield for houses was 4.5% p.a. With a current population of 238, Cambewarra is a shining example of a new suburb for a new economy in the Shoalhaven
The new suburb of Cambewarra, six kilometres north of Nowra, is another upcoming success story.
This information is provided by DPN Pty Ltd ABN: 94 630 700 186, Australian Credit Licence 514759. DPN Finance Pty Ltd is an authorised credit representative 504129 and a related entity of DPN Pty Ltd. Casa Capace Operations Pty Ltd ABN: 79 624 981 184, NDIS provider Number 4050038018 trading as Casa Capace.