Greigs Flat is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2549). With a population of 206, the suburb has a mature demographic with a median age of 47. Households earn a median income of $76K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Greigs Flat is $790,000, having surged 12.9% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,949.
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, Greigs Flat offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved +12.9% year-on-year.
Greigs Flat is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2549). With a population of 206, the suburb has a mature demographic with a median age of 47. Households earn a median income of $76K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Greigs Flat is $790,000, having surged 12.9% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,949.
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, Greigs Flat offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved +12.9% year-on-year.