Located in New South Wales within the Bega Valley local government area, Jellat Jellat is a small, quiet locality (postcode 2550). The area has roughly 85 residents and a mature demographic, with a median age of 47. Households earn a median income of $98K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Jellat Jellat is $930,000, having risen steeply by 91.8% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $906.
Public transport access includes 5 bus stops. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
Looking at the investment signals, Jellat Jellat shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices sit below the state median ($930K/$1.5M), which can point to relative value. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +91.8% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.