Suburb Profile Report for Bermagui NSW (2546)

Bermagui House: Median price $623,000, Annual capital growth 6.23%, Number of sales 36, Weekly median advertised rent $388

Bermagui Unit: Median price $427,000, Annual capital growth 8.48%, Number of sales 12, Weekly median advertised rent $245

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Bermagui, 2546 have given investors a capital gain of 18.89%. This compares very favourably with the 0.15% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Bermagui,2546 has racked up an average of 18.89% over the period. This ranks it number 237th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Bermagui is $623000, with sellers offering an average of -5.75% off the asking price.

A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 6.23%.

Property investors who have had real estate in Bermagui, 2546 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 41.63%

A 40.46% growth in median value for property investors in Bermagui,2546 puts this suburb at number 1st in terms of best performing suburbs in NSW

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Bermagui is 530th on a list of best yielding suburbs for rents in NSW with a 2.98% return

Metrics i HOUSE UNIT
$623,000 $427,000
0.02% 31.79%
18.89% 41.63%
6.23% 8.48%
$388 $245
36 12
3.23% 2.98%
120.95 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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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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