When it comes to real estate, this iconic coastal suburb is a real gem as you’ll always find a high number of properties listed for sale.
In the last year, median prices have been $2,725,000 for houses and $930,000 for units.
On average, houses in Cronulla are leased for $900 PW with an annual rental yield of 1.7%. Units rent for $500 PW with a rental yield of 2.8%.
Over the past 5 years of sales, Cronulla houses have seen a compound growth rate of 6.9% and 2.9% for units.