Located in New South Wales within the Port Macquarie-Hastings local government area, Bellangry is a quiet locality (postcode 2446). It is home to about 114 residents, with a settled, mature resident base and a median age of 54. Households earn a median income of $60K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 managers, professionals, technicians & trades. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Irish.
Bellangry has a median house price of $1.0 million, which has climbed sharply by 74.6% year-on-year. The current median weekly rent is $535. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,688.
Public transport access includes 3 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 17.2x is considered stretched. House prices have moved +74.6% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.