Bald Hills is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2549). With a population of 321, the suburb has an established demographic with a median age of 44. Households earn a median income of $77K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Bald Hills stand at $1.2 million, having increased by 2.3% over the last twelve months. The current median weekly rent is $516. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,745.
Public transport access includes 7 bus stops. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
From an investment perspective, Bald Hills shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 15.9x is considered stretched. House prices have moved +2.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.