Economic overview

The NSW and Australian Governments have invested over $1 billion on projects including the Regional Eurobodalla Hospital, the Southern Water Supply Storage, and Moruya Airport upgrade. Private developments are further supporting a strong tourism economy, housing demand is high, and job opportunities are expanding.

In 2023-2024, there was a 2.4% increase in gross regional product and an additional 1,670 full-time equivalent jobs were created.

• View our full economic profile.

Fast facts

As of 30 June 2025:

• Population (2024): 41,142 (Estimated Resident Population)
• Land area: 3,427 km²
• Gross regional product (2024): $2.34 billion
• Number of businesses (2024): 3,310
• Key industries (value added):
  • construction
  • healthcare and social assistance
  • retail trade
• Employment (FTE): 14,116
• Key industries:
  • construction
  • healthcare and social assistance
  • retail trade.

NIEIRD-ID data is adjusted each year, using updated employment estimates. Each release may change the previous year's figures.

Spending by non-residents and non-resident businesses accounts for 39.4% of the total spend in Eurobodalla with an average transaction value of $69.

The desirability of Eurobodalla's coastal location contributed to $130.5 million in residential building approvals granted in 2023-24. This trend is likely to continue with the realisation of new land releases and major developments in the pipeline.

Business Confidence Research 2021 and 2023

Our first business confidence questionnaire was conducted in June-July 2021 to help Council understand local business sentiments. A comparative survey was completed in 2023.

The online questionnaire was undertaken anonymously by businesses with independent analysis to create the report. This statistically sound format will help Council in economic development decisions.

Key findings

Overall results are similar over both surveys, with businesses generally stable, performing well and having a positive future outlook.

• 80% of businesses are currently not planning on selling or closing.
• Expectations of business turnover is increasing (36%, down from 45% in 2021) and number of employees is increasing (22%, down from 20% in 2021) suggesting some pessimism of market conditions.

In addition to the quantitative findings, there were several free text questions that have been aggregated into themes to provide some meaning. To build trust in the process, comments from businesses have not been altered, although a context is required.

• Eurobodalla Business Confidence Report 2021 (1.9 MB)
• Eurobodalla Business Confidence Report 2023 (2.5 MB)

More information