Bemboka (postcode 2550) is a small locality in New South Wales within the Bega Valley local government area. With a population of 589, the suburb has a mature demographic with a median age of 50. Households earn a median income of $53K per year, with an average household size of 2.3 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 managers, labourers, clerical & administrative. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Irish.
Bemboka has a median house price of $642,000, which has risen steeply by 27.2% year-on-year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,138.
Bemboka is served by 1 school, including 1 primary. The average ICSEA score is 927, which is below the national average of 1,000. Public transport access includes 2 rail stations, 32 bus stops. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.8% (moderate yield). Property prices sit below the state median ($642K/$1.5M), which can point to relative value. The price-to-income ratio of 12.2x is considered stretched. House prices have moved +27.2% 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.