The Shire (Sutherland Shire) covers the beach and bay suburbs around Cronulla, the rail line through Woolooware, Caringbah, Miranda and Gymea, and the town centre at Sutherland. Compare median house and unit prices, rental yields, growth and clearance rates for each suburb covered so far, then open the full guide for bedroom-by-bedroom prices, investor analysis and a buyer checklist.
The Reserve Bank lifted the cash rate to 4.60% on 29 September 2026, so affordability matters more than it did a year ago. Use the table to shortlist, then read the guide for the detail behind each number.
Compare the suburbs covered so far
| Suburb | Postcode | House median | House 12m | House yield | House clearance | Unit median | Unit 12m | Unit yield | Rail |
|---|---|---|---|---|---|---|---|---|---|
| Cronulla | 2230 | $3,200,000 | +4.9% | 2.61% | 47.7% | $1,120,000 | +7.4% | 3.55% | T4 line, Cronulla terminus |
| Sutherland | 2232 | $1,489,000 | -3.9% | 3.62% | 42.2% | $855,000 | +9.6% | 4.25% | T4 and South Coast lines, junction |
| Miranda | 2228 | $1,830,000 | -0.5% | 3.24% | 60.5% | $817,500 | -0.6% | 4.69% | T4 line, Cronulla branch |
| Caringbah | 2229 | $1,655,000 | -2.9% | 3.43% | 50.5% | $850,000 | +1.2% | 4.47% | T4 line, Cronulla branch |
| Kirrawee | 2232 | $1,750,000 | +2.9% | 3.55% | 55.6% | $830,000 | -3.5% | 4.51% | T4 line, Cronulla branch |
| Engadine | 2233 | $1,565,000 | +6.1% | 3.39% | 80.2% | $860,500 | +7.6% | 4.30% | South Coast line |
| Woolooware | 2230 | $2,500,000 | +13.6% | 3.25% | 58.6% | $945,000 | +13.0% | 4.32% | T4 line, Cronulla branch |
| Jannali | 2226 | $1,700,000 | +5.6% | 3.25% | 51.8% | $870,000 | +10.8% | 4.56% | T4 line, Illawarra |
| Menai | 2234 | $1,680,000 | +5.8% | 3.19% | 74.7% | $1,000,000 | +15.6% | 4.08% | none (no station) |
| Kareela | 2232 | $1,835,000 | +7.9% | 3.47% | 45.4% | Not reported | Not reported | Not reported | none (nearest station is Jannali) |
| Illawong | 2234 | $1,950,000 | +2.5% | 3.20% | 46.0% | $1,250,000 | +88.0% | 2.83% | none (no station) |
| Bundeena | 2230 | $1,562,500 | +15.7% | 3.39% | 20.0% | $1,480,000 | Not reported | 2.77% | none (ferry to Cronulla) |
| Oyster Bay | 2225 | $1,712,500 | -9.9% | 2.91% | 47.3% | $1,090,000 | +40.4% | 3.58% | none (no station) |
| Sylvania | 2224 | $1,780,000 | +1.1% | 3.43% | 54.3% | $890,000 | +4.7% | 3.86% | none (no station) |
Only suburbs with a full guide are listed. Gross yields are annual rent divided by price, not net of costs. Sales: 12 months from October 2025. Listings: September 2026.
Suburb guides
Cronulla
- House median
- $3,200,000
- House 12m growth
- +4.9%
- Unit median
- $1,120,000
- Unit yield
- 3.55%
Sutherland
- House median
- $1,489,000
- House 12m growth
- -3.9%
- Unit median
- $855,000
- Unit yield
- 4.25%
Miranda
- House median
- $1,830,000
- House 12m growth
- -0.5%
- Unit median
- $817,500
- Unit yield
- 4.69%
Caringbah
- House median
- $1,655,000
- House 12m growth
- -2.9%
- Unit median
- $850,000
- Unit yield
- 4.47%
Kirrawee
- House median
- $1,750,000
- House 12m growth
- +2.9%
- Unit median
- $830,000
- Unit yield
- 4.51%
Engadine
- House median
- $1,565,000
- House 12m growth
- +6.1%
- Unit median
- $860,500
- Unit yield
- 4.30%
Woolooware
- House median
- $2,500,000
- House 12m growth
- +13.6%
- Unit median
- $945,000
- Unit yield
- 4.32%
Jannali
- House median
- $1,700,000
- House 12m growth
- +5.6%
- Unit median
- $870,000
- Unit yield
- 4.56%
Menai
- House median
- $1,680,000
- House 12m growth
- +5.8%
- Unit median
- $1,000,000
- Unit yield
- 4.08%
Kareela
- House median
- $1,835,000
- House 12m growth
- +7.9%
- Unit median
- Not reported
- Unit yield
- Not reported
Illawong
- House median
- $1,950,000
- House 12m growth
- +2.5%
- Unit median
- $1,250,000
- Unit yield
- 2.83%
Bundeena
- House median
- $1,562,500
- House 12m growth
- +15.7%
- Unit median
- $1,480,000
- Unit yield
- 2.77%
Oyster Bay
- House median
- $1,712,500
- House 12m growth
- -9.9%
- Unit median
- $1,090,000
- Unit yield
- 3.58%
Sylvania
- House median
- $1,780,000
- House 12m growth
- +1.1%
- Unit median
- $890,000
- Unit yield
- 3.86%
About this part of Sydney
Cronulla is the beach end of the Cronulla rail branch, with the ocean beach, Gunnamatta Bay and the ferry to Bundeena. Sutherland is the administrative centre of the Shire and a rail junction where the Cronulla branch meets the T4 and South Coast lines. Both are unit-led markets, which is why each guide shows house and unit figures side by side.
House price ladder
Median house price by suburb, highest to lowest. Click a suburb for its guide.
■ The Shire suburbs with a full guide so far
Find a suburb by goal
Shortlists drawn directly from the table above. They are starting points, not recommendations, and they grow as we add suburbs.
Lowest entry price (houses)
Where a house costs least in this set.
- Sutherland $1.49M
- Bundeena $1.56M
- Engadine $1.56M
- Caringbah $1.66M
- Menai $1.68M
Highest unit yield
For income-focused investors. Check the sales count before relying on a yield.
- Miranda 4.69%
- Jannali 4.56%
- Kirrawee 4.51%
- Caringbah 4.47%
- Woolooware 4.32%
Strongest 12-month house growth
Where medians rose most. Small samples can exaggerate.
- Bundeena +15.7%
- Woolooware +13.6%
- Kareela +7.9%
- Engadine +6.1%
- Menai +5.8%
Strongest auction demand (houses)
Highest 12-month clearance rates.
- Engadine 80.2%
- Menai 74.7%
- Miranda 60.5%
- Woolooware 58.6%
- Kirrawee 55.6%
How to read the numbers
Median, not average
A median is the middle recorded sale price. One very large sale will not move it the way it moves an average, but a handful of sales in a quiet market can still shift it.
Sample size matters
Figures built on a small number of sales are indicative only. Check the sales count behind every figure before relying on it, and read the suburb guide for the detail.
Gross yield is not your return
Gross yield ignores rates, insurance, strata, agent fees, vacancy and repairs. At a 4.60% cash rate, most house purchases at these prices are cash-flow negative, so they are growth bets.
Clearance rate and growth
Suburb clearance rates here cover 12 months, not a single weekend. A falling median alongside a weak clearance rate often means more room to negotiate, but check recent sales on the specific street.
Buying in The Shire? Talk to independent local professionals
168 professionals are listed across The Shire, including Miranda and Caringbah. Find mortgage brokers, conveyancers, building and pest inspectors and property lawyers, then check fees and services directly before you commit.
Browse professionals in Sutherland Shire and St George
Mortgage brokersConveyancersBuilding and pest inspectorsProperty lawyers
Are you a property professional? Listing is free. Add your business. Want to be seen first in The Shire? Get a Featured listing, $49.99 AUD for 30 days.
Tools and next steps
- NSW stamp duty calculator to see transfer duty at the prices in the table.
- Investment property holding cost model to test a yield against your loan.
- The Buyer’s Armoury for every calculator and cheat sheet in one place.
- Property services directory to find a mortgage broker, conveyancer or building inspector.
Related guides
- First Home Guarantee 2026: how the 5% deposit scheme works
- Negative gearing in 2026 and what the Budget changed
- Rentvesting: buying an investment property while renting where you live
- Registering to bid at auction in NSW
- Underquoting in NSW: the new fines and what they mean for buyers
Browse by topic: First home buyers · Investors · Renovators · Auctions · Upsizers · Downsizers · Property news
See also the North Shore suburb guides.
Want a closer look at one street or property?
Suburb medians only go so far. The Custom Suburb and Property Intelligence Report covers zoning, development potential and environmental risk for a specific address, and our contact page is the way to ask about anything else.
Frequently asked questions
Which Shire suburbs have full guides so far?
Cronulla and Sutherland are live as the first two guides. We add new Shire suburbs every week, so this page grows as each guide is published.
How do Cronulla and Sutherland compare on price?
On Stash Property data for the 12 months from October 2025, the Cronulla house median is $3,200,000 and the unit median is $1,120,000, against $1,489,000 and $855,000 in Sutherland. Medians move with the mix of homes that sell, so compare them with the sales counts.
Which of the two has the higher rental yield?
Sutherland units return a median gross yield of 4.25% and Cronulla units 3.55%. House yields are lower at 2.61% and 3.62%. Gross yield is annual rent divided by price before costs, so it overstates your actual return.
How does the 4.60% cash rate affect buying here?
The Reserve Bank lifted the cash rate to 4.60% on 29 September 2026. At these price levels even small rate changes add noticeably to repayments, and lenders assess your borrowing capacity at a higher buffer rate. Ask a broker to re-run your capacity before you start bidding.
What does gross rental yield mean?
Gross yield is the annual rent divided by the property's price, before rates, insurance, strata levies, agent fees and maintenance. Net yield is lower. It is useful for comparing suburbs, not for working out your actual return.
Where does this data come from, and how often is it updated?
Sales and rental figures come from Stash Property and cover the 12 months from October 2025, with listing counts from September 2026. BuyerLogic refreshes this page as new guides are published.
Is this financial advice?
No. The guides are general information only, not personalised financial, legal or tax advice. Speak with a licensed professional before making a decision.
This is general information only, not personalised financial, legal or tax advice. Speak with the relevant licensed professional, mortgage broker, solicitor or accountant before making a decision.
Source: Stash Property (sales: 12 months from October 2025; listings: September 2026), pulled 12 October 2026. Rail details are general and should be checked against current timetables.