Black Range is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 230, the suburb has an established demographic with a median age of 42. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Black Range is $1.1 million, having surged 208.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,302.
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, Black Range offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved +208.6% year-on-year.
Black Range is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 230, the suburb has an established demographic with a median age of 42. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Black Range is $1.1 million, having surged 208.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,302.
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, Black Range offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved +208.6% year-on-year.