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Ulladulla suburb profile

Ulladulla is a picturesque coastal town located on the South Coast of New South Wales, approximately 230km south of Sydney. Known for its stunning harbour and beautiful beaches, Ulladulla is a popular destination for tourists and locals alike. The town offers a relaxed lifestyle with a strong sense of community, making it ideal for families and retirees. Ulladulla is renowned for its fresh seafood, particularly its famous fish markets, and hosts a variety of local events and festivals throughout the year. With its natural beauty and welcoming atmosphere, Ulladulla continues to be a cherished spot for those seeking a coastal retreat.

Ulladulla property market performance

Ulladulla's property market has shown stability and growth over the past 12 months. The median house price has remained steady at $822,500, while unit values have increased by 4.7%, bringing the median unit price to $752,500. This indicates a growing interest in units within the suburb.

Sales activity has been moderate, with 36 houses and 10 units sold over the last 12 months. Both houses and units are experiencing similar market conditions, with median days on market at 94 and 93 days, respectively, suggesting a balanced demand across property types.

The rental market in Ulladulla has seen positive changes, with house rents increasing by 4.8% and unit rents rising by 8.2% over the past year. The average rent for houses is now $550, while units command an average of $460, reflecting a healthy rental demand.

Median price - houses$893KPast 3 months

Median price - units$753KPast 3 months

Change in value - houses-0.8%12 months

Change in value - units1.5%12 months

Houses sold32Past 3 months

Units sold6Past 3 months

Median DOM - houses98Past 12 months

Median DOM - units97.5Past 12 months

Average rent - houses$550Past 12 months

Average rent - units$470Past 12 months

Change in rent - houses4.8%Past 12 months

Change in rent - units6.8%Past 12 months

Ulladulla demographics

Ulladulla, a picturesque coastal town in New South Wales, is renowned for its stunning beaches, vibrant fishing industry, and relaxed lifestyle. With a population of 7,262, Ulladulla offers a tranquil escape from the hustle and bustle of city life, attracting retirees and families alike. The median age of 51 reflects a mature community, with many residents enjoying the town's natural beauty and slower pace of life.

The housing landscape in Ulladulla is characterized by a high rate of outright home ownership, with nearly half of the properties owned outright. This indicates a stable and established community, with many long-term residents. Additionally, 21.8% of properties are owned with a mortgage, while 28.3% are rented, providing a range of housing options for both permanent residents and those seeking a holiday home.

Family dynamics in Ulladulla are diverse, with 49% of families being couples without children, reflecting the suburb's appeal to retirees and empty nesters. Meanwhile, 29.5% of families are couples with children, and 20.1% are one-parent families, highlighting the suburb's family-friendly environment. Ulladulla's combination of natural beauty, community spirit, and relaxed lifestyle makes it an attractive destination for those seeking a peaceful coastal living experience.

Ulladulla infrastructure, key developments and investment opportunities

Ulladulla is experiencing significant developments that may impact its property market. The $1 billion redevelopment of the Ulladulla Harbour precinct, set to conclude by 2026, aims to revitalize the area with new retail, dining, and recreational facilities. This project is expected to boost local property values and attract more residents and tourists to the coastal town.

Additionally, plans for a new Ulladulla bypass as part of the Princes Highway upgrade are progressing, which could improve connectivity and potentially increase property demand in certain areas. The ongoing expansion of health services, including upgrades to Milton Ulladulla Hospital, enhances the town's livability. These developments, combined with Ulladulla's natural coastal beauty and growing popularity as a sea-change destination, are likely to sustain strong interest in the local property market.

Ulladulla rental market trends

The rental market in Ulladulla has experienced moderate growth, with house rents increasing by 4.8% over the past year to $550 per week, while unit rents have seen a more significant rise of 8.2% to $460 per week. This coastal suburb continues to attract interest from both renters and investors, offering a blend of relaxed living and potential for future growth.

Suburbs near Ulladulla

Some popular suburbs near Ulladulla include:

Common questions about Ulladulla

  • Is Ulladulla a nice place to live?

    Ulladulla is a delightful coastal suburb that offers a wonderful living experience for those who appreciate natural beauty and a laid-back lifestyle. Nestled along the stunning South Coast, Ulladulla is a charming place known for its serene beaches and vibrant community spirit. The suburb's relaxed vibe is complemented by its proximity to essential amenities, including shops, cafes, and local markets, making daily life convenient and enjoyable. Families will find Ulladulla particularly appealing, with its safe environment and access to quality schools and recreational facilities.

    While Ulladulla provides a peaceful retreat, it does come with some trade-offs. The slower pace of life might not suit those seeking the hustle and bustle of a city, and the ongoing developments in the area could lead to increased property prices. However, these developments, such as the Ulladulla Harbour precinct and the Princes Highway upgrade, promise to enhance the suburb's livability and connectivity, potentially attracting more residents and boosting local amenities.

    For families, Ulladulla offers a nurturing environment with plenty of outdoor activities to enjoy, from beach outings to exploring nearby parks. The suburb's strong sense of community and safety make it an ideal place for raising children. While Ulladulla may lack the nightlife of larger urban areas, its charm lies in its tranquil atmosphere and the opportunity to enjoy a coastal lifestyle. Overall, Ulladulla is a fantastic choice for those seeking a harmonious blend of natural beauty, community warmth, and a relaxed pace of life.

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  • Is it expensive to live in Ulladulla?

    Living in Ulladulla can be a bit of a mixed bag when it comes to expenses. The median house price is currently around $822,500, while units are slightly cheaper at $752,500. These figures are relatively high, especially when you consider the average annual wage in Ulladulla is about $52,000. This means that buying a property in the area could be a significant financial commitment for many people.

    Renting might be a more affordable option, with houses averaging $550 per week and units at $460 per week. However, when you compare the median total household income in Ulladulla, which is $1,007 per week, a large portion of income would still go towards housing costs. This could make it challenging for some residents to manage other living expenses comfortably.

    Overall, while Ulladulla offers a beautiful coastal lifestyle, the cost of living, particularly in terms of housing, can be quite high relative to the local average income. If you're thinking of living in Ulladulla, it's essential to carefully consider your financial situation to ensure it aligns with the expenses of this picturesque suburb.

    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 Ulladulla a good place to invest?

    Ulladulla presents an intriguing opportunity for property investors, especially those interested in units. While the median house value has remained stable over the past year, units have experienced a notable increase of 4.7% in value. This suggests a growing demand for more affordable housing options, which could be driven by a shift in demographics or lifestyle preferences in the area.

    The rental market in Ulladulla is also showing positive signs, with house rents increasing by 4.8% and unit rents by an impressive 8.2% over the last year. This indicates a strong rental demand, making it an attractive option for investors seeking reliable rental income. The higher growth in unit rents compared to houses suggests that units might offer better returns in the current market climate.

    Overall, Ulladulla seems to be a promising location for investment, particularly in the unit sector. The steady increase in unit values and rents points to a robust market, and the area's coastal charm and lifestyle appeal are likely to continue attracting both renters and buyers. While house values have remained flat, the rental growth suggests potential for future appreciation, making Ulladulla a worthwhile consideration for investors.

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