Suburb Profile Report for Bermagui NSW (2546)

Bermagui House: Median price $417,500, Annual capital growth 3.27%, Number of sales 41, Weekly median advertised rent $300

Bermagui Unit: Median price $296,925, Annual capital growth 5.67%, Number of sales 23, Weekly median advertised rent $245

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Bermagui have tracked close to the NSW average of 7.15% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Bermagui comes in at number 944th in NSW.

LACK OF BUYER INTEREST may well be the reason that Bermagui is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 503th in terms of most discounted suburbs in NSW

At number 2831 in a list of fastest selling suburbs, Bermagui is in the bottom 30% of suburbs in Australia with an average of days on market 106.24 for properties listed there.

The NSW suburb of Bermagui, 2546 is in the Bega Valley local government area.

Giving property investors a an unimpressive capital gain of 0.65% for the last year, Bermagui, 2546 is the 1073th highest performer in Australia in this respect.

Bermagui,2546 was ranked 670 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bermagui, 2546. Typically our figures indicate that -3.81% is being offered, which puts this NSW suburb at 1158th most discounted overall in Australia.

Often selling an investment property can take time, and in Bermagui the average time real estate has been on the market is 134.41 days.

A $245 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 5.67%.

HOUSE UNIT
$417,500 $296,925
7.73% 1.05%
7.05% 0.65%
3.27% 5.67%
$300 $245
41 23
3.74% 4.29%
106.24 134.41

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1670
Median household income ($/weekly) 691
Median age of persons 54
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 180 10.8
    35-44 years 166 9.9
    45-54 years 223 13.4
    55-64 years 351 21.0
    65-74 years 262 15.7
    Others 488 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 620 50.0
    Not Married 473 38.1
    Defacto Relationship 148 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1347 84.9
    Greece 22 1.4
    Papua New Guinea 15 0.9
    United Kingdom 107 6.7
    Other 29 1.8
    Others 66 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 2.1
    Christianity 1008 65.9
    Judaism 8 0.5
    Other Religious Groups 9 0.6
    No Religion 470 30.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 95 14.8
    $400-$599 121 18.8
    $600-$799 99 15.4
    $800-$999 69 10.7
    $1,000-$1,249 64 10.0
    Others 195 30.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 756 55.7
    Employed, worked full-time 258 19.0
    Employed, worked part-time 243 17.9
    Unemployed, looking for work 53 3.9
    Employed, away from work 48 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 78 14.2
    Professionals 82 14.9
    Technicians & trades workers 97 17.6
    Community & personal service workers 74 13.5
    Labourers 74 13.5
    Others 145 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 33 11.0
    Infants/Primary 118 39.5
    Secondary 80 26.8
    Technical or Further Educational Institution 42 14.0
    University or other Tertiary Institutions 20 6.7
    Others 6 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1186 77.5
    Semi-detached, row or terrace house, townhouse 203 13.3
    Flat, unit or apartment 125 8.2
    House or flat attached to a shop, office 10 0.7
    Caravan, cabin, houseboat 7 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 354 51.1
    Rented 189 27.3
    Being purchased 144 20.8
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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