Belbora is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 123, the suburb has an older demographic with a median age of 55. Households earn a median income of $50K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Belbora is $775,000, having declined 7.7% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Belbora offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -7.7% year-on-year.
Belbora is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 123, the suburb has an older demographic with a median age of 55. Households earn a median income of $50K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Belbora is $775,000, having declined 7.7% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Belbora offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -7.7% year-on-year.