Lochiel is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2549). With a population of 411, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lochiel is $810,000, having surged 47.3% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,625.
Public transport access includes 17 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, Lochiel offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($810K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +47.3% year-on-year.
Lochiel is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2549). With a population of 411, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lochiel is $810,000, having surged 47.3% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,625.
Public transport access includes 17 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, Lochiel offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($810K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +47.3% year-on-year.