Suburb Profile Report for Bega NSW (2550)

Bega House: Median price $382,500, Annual capital growth 6.01%, Number of sales 83, Weekly median advertised rent $360

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a stable capital gain of 1.32% for the last year, Bega, 2550 is the 1435th highest performer in Australia in this respect.

Bega,2550 has offered an average of 1.32% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Bega is giving property investors an average Vendor Discount of around -5.75%. This puts suburb at number 705th in NSW when ranking the most discounted suburbs.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.89%, without taking into account capital value appreciation, which has been averaging out at 6.01%.

Metrics i HOUSE UNIT
$382,500 N/A
-1.29% N/A
1.32% N/A
6.01% N/A
$360 N/A
83 N/A
4.89% N/A
100.735849056604 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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