Devils Hole is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 10, the suburb has an older demographic with a median age of 63. Households earn a median income of $74K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, Irish, German.
The median house price in Devils Hole is $639,000, having surged 81.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.9%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Devils Hole offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($639K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +81.3% year-on-year.
Devils Hole is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 10, the suburb has an older demographic with a median age of 63. Households earn a median income of $74K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, Irish, German.
The median house price in Devils Hole is $639,000, having surged 81.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.9%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Devils Hole offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($639K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +81.3% year-on-year.