Cuttagee is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 61, the suburb has an older demographic with a median age of 64. Households earn a median income of $49K per year, with an average household size of 2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Cuttagee is $1.3 million, having dropped significantly 60% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $6,000.
Public transport access includes 2 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, Cuttagee offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved -60.0% year-on-year.
Cuttagee is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 61, the suburb has an older demographic with a median age of 64. Households earn a median income of $49K per year, with an average household size of 2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Cuttagee is $1.3 million, having dropped significantly 60% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $6,000.
Public transport access includes 2 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, Cuttagee offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved -60.0% year-on-year.