South coast‘s richest property suburbs and towns revealed | Full list

Since the COVID-19 pandemic, parts of the south coast have seen average property prices rise above $1 million. See the 10 richest towns and suburbs on the south coast.

A post COVID-19 property boom has seen record prices and fast turnaround sales on the south coast, with owners looking to cash in on the increased demand.

Nowra property manager Gemma Stamper said values are being driven to record levels due to people’s ability to work from anywhere, and city residents looking for a relaxed lifestyle after the outbreak of the COVID-19 pandemic.

She said homes are selling in a matter of hours as property owners look to cash in on the boom and buyers compete for coastal homes in low supply.

New data from property data information service CoreLogic shows the average cost of a home in some south coast towns has jumped to more than $1 million for the first time.

Here is a list of the south coast‘s most expensive towns and suburbs.

1. BERRY

The average home in the heritage village of Berry has risen to $1.41 million.

With award-winning restaurants, a charming main street and surrounded by lush landscapes, Berry is just two hours’ drive from Sydney and under three hours from Canberra.

The town’s house prices have risen by almost a quarter in just 12 months, with the average house now selling for a staggering $1.41 million.

2. GERRINGONG

Gerringong is one of the south coast’s most popular tourist towns.

Gerringong’s vibrant hilltop village overlooks the arc of Werri Beach as it stretches between two scenic headlands.

The town has become a popular holiday destination, known for its quiet beach and relaxed ambience.

House prices in the town have jumped by 25 per cent in 12 months, with the average house price sitting at $1.31 million.

3. KIAMA

The average home in Kiama has risen to $1.3 million since the pandemic.

This seaside town is best known for its beaches, ocean pools and hosting the world’s largest blowhole.

It’s a favourite with families looking for a laid back holiday and surfers chasing some of the best waves on the south coast.

House prices in the scenic town have risen by more than a quarter in 12 months, with the average home now selling for $1.3 million.

4. NOWRA HILL

The cost of the average home at Nowra Hill is more than twice the rest of Nowra.

This Nowra suburb with a population of 2000 is best known for being the home of HMAS Albatross.

While the average cost of a home in North Nowra and Nowra is just over $500,000, homes in Nowra Hill are almost double that.

The cost of an average home in the suburb has risen by almost 20 per cent in just 12 months and will now cost you $1.1 million.

5. KIAMA DOWNS

The average home in Kiama Downs now costs $1.1 million.

Renowned for its picturesque beaches and seaside views, Kiama Downs sits just north of Kiama and is bordered by the Minnamurra River to the northwest and Jones Beach to the east.

The average cost of a home in the suburb has risen by more than 20 per cent in 12 months.

A home in this scenic and peaceful township will now cost you $1.1 million.

6. VINCENTIA

The average home in Vincentia now costs more than $1 million.

The pretty seaside town of Vincentia is best known for its powdery white sands and crystal-clear waters.

It is a place of extreme natural beauty near the underwater world in Jervis Bay Marine Park, where you can spot playful dolphins and migrating whales or just relax on world famous beaches.

The cost of the average home has risen by more than 21 per cent in 12 months and will now set you back $1 million.

7. TOMERONG

The Tomerong markets are popular with locals

Sitting west of Jervis Bay, and 20 kilometres south of Nowra, this small town was once a major stopover point on the trip between Sydney and Melbourne.

With just 500 people, Tomerong combines village life with beaches, fishing, boating and bushwalking.

The village market is held on the third Saturday of each month, offering great produce in a quaint community setting.

The cost of the average home in the small town has risen by more than 20 per cent in 12 months and now costs $972,000.

Will it be the next place to break the $1 million mark?

8. CALLALA BAY

The average home in Callala Bay is heading towards $1 million.

Fringed by powder white sand and tranquil blue water, Callala Bay is an ocean lover’s delight.

Tucked into the northern end of Jervis Bay, this relaxed coastal village offers calm swimming, snorkelling, fishing, boating and kayaking, as well as bushwalking and dolphin parades.

The average price of a home in the seaside village has jumped by almost 30 per cent in just 12 months and will now set you back $935,000.

9. HUSKISSON

House prices in Huskisson have been on the rise since the pandemic.

Huskisson has become known for its boutique stores, eateries and beachside scenery.

Twenty minutes south east from Nowra and on the shores of the famous Jervis Bay, the town has been a holiday hotspot since 1890.

The prime tourist destination has white sands and emerald waters has become more popular over the years, and is now host to trendy restaurants and cafes.

The average house price in Huskisson has risen by more than 20 per cent and will cost you $921,000.

10. SHOALHAVEN HEADS

Shoalhaven Heads sits near stunning Seven Mile Beach.

Shoalhaven Heads offers direct access to the pristine sands of Seven Mile Beach, curving from the river entrance through Seven Mile Beach National Park to Gerroa.

The town sits near the pristine sands of Seven Mile Beach, and hosts the scenic 18-hole course at Shoalhaven Heads Golf Club and the Shoalhaven Heads Native Botanic Garden.

The average house price in Shoalhaven Heads has risen by a staggering 27.4 per cent and will now set you back $919,000.