Property prices have skyrocketed in Nowra during the past year. The average cost of a house has increased by 33% to $685,000 and the average cost of a unit up 5% to $392,500.
The investment market is attractive with houses renting for an average of $470 per week with an annual rental yield of 4.0% and units renting for $350 per week with a rental yield of 4.7%.