Kalang is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 280, the suburb has a mature demographic with a median age of 50. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Kalang is $850,000, having surged 32.2% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,517.
Public transport access includes 34 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Kalang offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.5x is considered stretched. House prices have moved +32.2% year-on-year.
Kalang is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 280, the suburb has a mature demographic with a median age of 50. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Kalang is $850,000, having surged 32.2% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,517.
Public transport access includes 34 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Kalang offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.5x is considered stretched. House prices have moved +32.2% year-on-year.