Dignams Creek NSW

Postcode 2546 · Bega Valley LGA

Dignams Creek is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2546). With a population of 82, the suburb has an older demographic with a median age of 55. Households earn a median income of $57K per year, with an average household size of 2 people. The most common occupations are labourers, professionals, managers. The top ancestries reported are Australian, English, Scottish.

The median house price in Dignams Creek is $1.2 million, having surged 38.4% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $889.

Public transport access includes 3 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, Dignams Creek offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 21.0x is considered stretched. House prices have moved +38.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.9% Low Yield
Price vs State$1.2M/$1.5M Near Median
Affordability21.0x Stretched
Price Momentum+38.4% Rising
SEIFA INDEX (ABS)
Advantage4/10
Education6/10
Economic4/10
Disadvantage3/10
MEDIAN HOUSE
$1.2M
38.4% YoY
MEDIAN RENT /WK
$150
POPULATION
82
DEMOGRAPHICS
Median Age55
Household Size2
HH Income /wk$1,104
Personal Income /wk$586
Mortgage /mth$889
CRIME (Bega Valley LGA)
Crime Rate (per 100k)2,293
Total Incidents839
TRANSPORT
Bus Stops3
Data: 2022