Suburb Profile Report for Bega NSW (2550)

Bega House: Median price $299,000, Annual capital growth 3.04%, Number of sales 106, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Bega has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.33% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Bega comes in at number 1129th in NSW.

Vendor discounting in Bega is giving property investors an average Vendor Discount of around -5.70%. This puts suburb at number 477th in NSW when ranking the most discounted suburbs.

Bega, 2550’s gross rental yield is 5.57%

HOUSE UNIT
$299,000 N/A
-0.33% N/A
-0.33% N/A
3.04% N/A
$320 N/A
106 N/A
5.57% N/A
127.02 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Bega NSW
Demographics
Total population 4756
Median household income ($/weekly) 838
Median age of persons 42
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 639 13.4
    35-44 years 553 11.6
    45-54 years 672 14.1
    55-64 years 571 12.0
    65-74 years 474 10.0
    Others 1846 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 1488 44.6
    Not Married 1447 43.4
    Defacto Relationship 402 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4129 92.1
    New Zealand 30 0.7
    Papua New Guinea 34 0.8
    United Kingdom 163 3.6
    Other 38 0.8
    Others 89 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 0.8
    Christianity 3136 72.9
    Hinduism 13 0.3
    Other Religious Groups 16 0.4
    No Religion 1083 25.2
    Others 18 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 187 11.3
    $400-$599 262 15.9
    $600-$799 206 12.5
    $800-$999 193 11.7
    $1,500-$1,999 185 11.2
    Others 616 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1518 43.0
    Employed, worked full-time 1068 30.3
    Employed, worked part-time 720 20.4
    Employed, away from work 125 3.5
    Unemployed, looking for work 97 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 262 13.7
    Technicians & trades workers 254 13.2
    Clerical & administrative workers 235 12.3
    Sales 222 11.6
    Labourers 383 20.0
    Others 561 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 77 7.4
    Infants/Primary 395 37.8
    Secondary 353 33.8
    Technical or Further Educational Institution 131 12.5
    University or other Tertiary Institutions 73 7.0
    Others 16 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3917 89.7
    Flat, unit or apartment 277 6.3
    Semi-detached, row or terrace house, townhouse 155 3.6
    Caravan, cabin, houseboat 9 0.2
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 675 37.6
    Being purchased 557 31.0
    Rented 553 30.8
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals