Cronulla suburb profile
Cronulla is a picturesque coastal suburb located in Sydney's Sutherland Shire, renowned for its stunning beaches and relaxed lifestyle. Just 26km south of the Sydney CBD, Cronulla offers a perfect blend of natural beauty and urban convenience. The suburb is famous for its surf beaches, rock pools, and scenic coastal walks, attracting beachgoers and outdoor enthusiasts. Cronulla's vibrant town centre features a variety of cafes, restaurants, and boutique shops, contributing to its lively atmosphere. With excellent public transport links, including a direct train line to the city, Cronulla is a popular choice for those seeking a beachside lifestyle with easy access to metropolitan amenities.
Cronulla property market performance
Cronulla's property market has remained relatively stable over the past 12 months, with house values holding steady and unit values experiencing a modest increase of 0.5%. The median house price is currently $3.39 million, while units are priced at $1.04 million, indicating a consistent demand for both property types.
Sales activity has been more robust in the unit market, with 86 units sold compared to just 16 houses over the past three months. Units are also moving faster, with a median of 28 days on the market, whereas houses are taking 67 days, suggesting a stronger demand for units.
The rental market in Cronulla has shown some variation, with house rents remaining unchanged, while unit rents have increased by 8.9% over the last 12 months, highlighting a growing interest in rental units.
Median price - houses$3.39MPast 3 months
Median price - units$1.04MPast 3 months
Change in value - houses-6.3%12 months
Change in value - units0.5%12 months
Houses sold16Past 3 months
Units sold86Past 3 months
Median DOM - houses67Past 12 months
Median DOM - units28Past 12 months
Average rent - houses$690Past 12 months
Average rent - units$670Past 12 months
Change in rent - houses-6.8%Past 12 months
Change in rent - units8.9%Past 12 months
Cronulla demographics
Cronulla, a picturesque beachside suburb in Sydney's south, is renowned for its stunning coastline, vibrant community, and relaxed lifestyle. With a population of 17,899, Cronulla offers a blend of urban convenience and natural beauty, making it a desirable location for families, retirees, and professionals alike. The median age of 43 suggests a mature community, with many residents enjoying the suburb's laid-back atmosphere and family-friendly amenities.
Housing in Cronulla is characterized by a mix of ownership and rental options. A significant 34.1% of properties are owned outright, reflecting a stable and established community. Meanwhile, 24% of homes are owned with a mortgage, indicating a healthy influx of new homeowners. The rental market, comprising 41.9% of properties, caters to those seeking flexibility, including young professionals and families drawn to the area's coastal charm.
Family life is a cornerstone of Cronulla, with 32.8% of households being couple families with children and 52.4% being couple families without children. This demographic mix highlights the suburb's appeal to both growing families and those enjoying a quieter lifestyle. The local community is supported by a range of amenities, including schools, parks, and recreational facilities, all set against the backdrop of Cronulla's iconic beaches and vibrant dining scene.
Cronulla infrastructure, key developments and investment opportunities
Cronulla is undergoing several developments that may impact its property market. The $1 billion redevelopment of Cronulla Plaza is set to transform the area with new retail, residential, and entertainment options by 2025. This large-scale project aims to revitalize the town center and could boost property values. Additionally, upgrades to public transport infrastructure, including improvements to Cronulla train station, are enhancing connectivity and potentially increasing the suburb's appeal to commuters.
The ongoing revitalization of the Cronulla foreshore, including upgrades to beachside amenities and the esplanade, continues to enhance the area's desirability for residents and visitors alike. These improvements, combined with Cronulla's prime beachside location and established lifestyle offerings, are likely to sustain strong demand for properties in the suburb. Overall, these developments position Cronulla as an increasingly attractive coastal destination within the Sydney metropolitan area.
Cronulla rental market trends
The rental market in Cronulla has shown stability for houses, with no change in rents over the past year, maintaining a median of $690 per week. In contrast, unit rents have experienced an 8.9% increase, reaching $670 per week. Cronulla's coastal lifestyle and amenities continue to attract renters, particularly in the unit sector, offering appealing opportunities for investors.
Suburbs near Cronulla
Some popular suburbs near Cronulla include: