Deer Vale is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 128, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Deer Vale is $1.5 million, having surged 2441.7% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,230.
Public transport access includes 20 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Deer Vale offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 26.1x is considered stretched. House prices have moved +2441.7% year-on-year.
Deer Vale is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 128, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Deer Vale is $1.5 million, having surged 2441.7% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,230.
Public transport access includes 20 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Deer Vale offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 26.1x is considered stretched. House prices have moved +2441.7% year-on-year.