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Barrack Point suburb profile

Barrack Point is a picturesque coastal suburb located in the Illawarra region of New South Wales, known for its stunning beaches and relaxed seaside lifestyle. Nestled between Warilla and Shellharbour, it offers residents and visitors a tranquil escape with easy access to pristine surf beaches and scenic coastal walks. The suburb is popular among families and retirees seeking a peaceful environment with a strong sense of community. With its proximity to local amenities, shopping centres, and recreational facilities, Barrack Point provides a perfect blend of natural beauty and convenience, making it a desirable location for those looking to enjoy coastal living.

Barrack Point property market performance

Barrack Point’s property market has remained stable over the past 12 months, with no change in median house or unit values. The suburb’s housing market has seen limited activity, with only 5 houses and 1 unit sold recently. Houses take a median of 73 days to sell, indicating moderate market interest. The rental market has been consistent, with house rents averaging $750 per week and units showing no recent rental data or price change, suggesting a quiet period in the unit rental market.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-8.3%N/A
Sold
Past 3 months
51
Median days on market
Past 12 months
73N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
-14.8%N/A

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Barrack Point demographics

Barrack Point, nestled along the picturesque coastline of New South Wales, offers a serene and family-friendly environment. With a population of just 725, this suburb provides a close-knit community atmosphere, ideal for those seeking a quieter lifestyle away from the hustle and bustle of larger cities. The median age of 48 suggests a mature population, with many residents likely enjoying the tranquility and natural beauty of the area.

The suburb's housing landscape is characterized by a high rate of home ownership, with nearly half of the properties owned outright. This reflects a stable and established community, where long-term residents have invested in their homes. Additionally, 31.9% of properties are owned with a mortgage, indicating a mix of both established homeowners and newer families entering the area. The rental market is relatively small, with only 19.4% of properties being rented, which further underscores the suburb's appeal to those looking for permanent roots.

Family life is a significant aspect of Barrack Point, with 45.6% of families being couples with children and 43.6% being couples without children. This balance suggests a welcoming environment for both young families and retirees. The presence of one-parent families, although smaller at 10.8%, adds to the suburb's diverse family dynamics. Overall, Barrack Point offers a peaceful coastal lifestyle with a strong sense of community, making it an attractive option for those seeking a harmonious blend of natural beauty and suburban comfort.

Barrack Point infrastructure, key developments and investment opportunities

Barrack Point is a small coastal suburb with no major new transport, school, or large-scale redevelopment projects currently identified in the available information. Its property market continues to be shaped more by its established beachside setting, limited housing stock, and proximity to Shellharbour’s amenities than by major planned infrastructure.

That scarcity of supply can support buyer demand, particularly from households seeking a quieter coastal lifestyle close to parks, beaches, and everyday services. At present, there are no significant local developments known to be materially changing Barrack Point’s property outlook.

Barrack Point rental market trends

The rental market in Barrack Point has remained stable, with house rents unchanged at $750 per week over the past year. There is no data available for unit rents. As a serene coastal suburb, Barrack Point offers stable rental opportunities, attracting families and individuals seeking a peaceful lifestyle by the sea.

Suburbs near Barrack Point

Some popular suburbs near Barrack Point include:

How does Barrack Point compare to nearby suburbs?

  • House price growth: Property prices in nearby Barrack Heights have risen 13.5% more than in Barrack Point over the past year.
  • Selling speed for houses: Properties in nearby Barrack Heights are selling 65.8% faster than in Barrack Point.

Common questions about Barrack Point

  • Is Barrack Point a nice place to live?

    Barrack Point is a charming coastal suburb that offers a delightful blend of tranquility and community spirit, making it a lovely place to call home. Its serene atmosphere is perfect for families and retirees who appreciate the beauty of coastal living. The suburb is known for its relaxed vibe, with stunning beaches and scenic coastal walks that provide a peaceful escape from the hustle and bustle of city life. Residents enjoy the convenience of nearby amenities, including shopping centres and recreational facilities, which enhance the livability of this picturesque area.

    Families will find Barrack Point particularly appealing due to its strong sense of community and safe environment. The suburb's proximity to parks and beaches offers plenty of opportunities for outdoor activities, making it an ideal location for those who enjoy an active lifestyle. While the suburb does not boast a bustling nightlife or major new developments, it compensates with its natural beauty and the convenience of being close to Shellharbour's amenities. The trade-off for this peaceful lifestyle is the limited housing stock, which can make finding a home challenging for those looking to move into the area.

    Overall, Barrack Point is a wonderful place to live for those seeking a harmonious blend of natural beauty and suburban comfort. Its established community and serene coastal setting make it a desirable location for families and individuals looking to enjoy a quieter, more relaxed lifestyle. While it may not offer the excitement of a bustling urban centre, its charm lies in its peaceful environment and the strong community bonds that make it feel like home.

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  • Is it expensive to live in Barrack Point?

    Living in Barrack Point presents a unique scenario when it comes to housing costs. With no current median house or unit prices available, it might indicate a less active property market or a scarcity of sales data. However, when it comes to renting, the average rent for houses is about $750 per week. This rental cost is significant, especially when compared to the median total household income in Barrack Point, which is $1,836 per week.

    When you compare this to the state average full-time wage in New South Wales, which is approximately $2,020 per week, it's clear that residents in Barrack Point might find a larger portion of their income going towards rent. This could make living in Barrack Point relatively expensive for those earning around or below the state average wage. Therefore, if you're thinking of living in Barrack Point, it's important to consider how the rental costs align with your financial situation, especially given the absence of available data on purchasing property.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Barrack Point a good place to invest?

    Barrack Point presents a unique investment opportunity, particularly for those seeking stability in their property portfolio. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. While this might seem unremarkable at first glance, it actually indicates a level of market stability that can be appealing to investors looking for low-risk options.

    The suburb's steady property market suggests that it is less susceptible to the volatile swings seen in other areas. This can be particularly attractive for investors who prioritize consistency and are not looking for rapid short-term gains. Barrack Point's coastal location and lifestyle appeal also add to its desirability, making it a place where people want to live, which can help maintain demand.

    While the lack of recent growth might not excite those chasing quick returns, Barrack Point offers a dependable environment for long-term investment. Its stable market conditions, combined with the lifestyle benefits of a coastal suburb, make it a solid choice for investors who value security and gradual appreciation over time.

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Choose the right real estate agents in Barrack Point

Choosing the right real estate agent in Barrack Point can have a big impact on your sale. While there are 13 real estate agents working in the suburb, but just 5 of them were responsible for 52.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.63% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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