Located in New South Wales within the Northern Beaches local government area, Bilgola Beach is a quiet locality (postcode 2107). With a population of 251, the suburb has a settled, mature resident base with a median age of 54. Households earn a median income of $224K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 professionals, managers, technicians & trades. Employment in the area leans toward professional services and retail trade. The top ancestries reported are English, Australian, Scottish.
The median house price in Bilgola Beach is $6.8 million, having jumped by 75.3% over the past year. The current median weekly rent is $1350. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,467.
Public transport access includes 2 bus stops. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.0% (low yield). Property prices are above the state median ($6.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.2x is considered stretched. House prices have moved +75.3% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.