Berrambool is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2548). With a population of 486, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Berrambool is $815,000, having increased 3.2% over the past year. Units have a median price of $550,000 (-16% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,517.
Public transport access includes 6 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, Berrambool offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($815K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +3.2% year-on-year.
Berrambool is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2548). With a population of 486, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Berrambool is $815,000, having increased 3.2% over the past year. Units have a median price of $550,000 (-16% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,517.
Public transport access includes 6 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, Berrambool offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($815K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +3.2% year-on-year.