Eden is a smaller suburb in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 3,350, the suburb has a mature demographic with a median age of 53. Households earn a median income of $53K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Eden is $735,000, having dipped slightly 2% over the past year. Units have a median price of $295,000 (-35.9% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,517.
Eden is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 931, which is below the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 44 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, Eden offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -2.0% year-on-year.
Eden is a smaller suburb in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 3,350, the suburb has a mature demographic with a median age of 53. Households earn a median income of $53K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Eden is $735,000, having dipped slightly 2% over the past year. Units have a median price of $295,000 (-35.9% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,517.
Eden is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 931, which is below the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 44 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, Eden offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -2.0% year-on-year.