Dorrigo Mountain is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 88, the suburb has an older demographic with a median age of 61. Households earn a median income of $60K per year, with an average household size of 2 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Dorrigo Mountain is $3.0 million, having surged 145.9% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Dorrigo Mountain offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.9x is considered stretched. House prices have moved +145.9% year-on-year.
Dorrigo Mountain is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 88, the suburb has an older demographic with a median age of 61. Households earn a median income of $60K per year, with an average household size of 2 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Dorrigo Mountain is $3.0 million, having surged 145.9% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Dorrigo Mountain offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.9x is considered stretched. House prices have moved +145.9% year-on-year.