Bermagui is a small community in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 1,865, the suburb has an older demographic with a median age of 58. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bermagui is $830,000, having declined 5.1% over the past year. Units have a median price of $900,000 (+44% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,517.
Bermagui is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 2 rail stations, 71 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Bermagui offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.6x is considered stretched. House prices have moved -5.1% year-on-year.
Bermagui is a small community in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 1,865, the suburb has an older demographic with a median age of 58. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bermagui is $830,000, having declined 5.1% over the past year. Units have a median price of $900,000 (+44% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,517.
Bermagui is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 2 rail stations, 71 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Bermagui offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.6x is considered stretched. House prices have moved -5.1% year-on-year.