Mogareeka is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 67, the suburb has an older demographic with a median age of 61. Households earn a median income of $66K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mogareeka is $1.1 million, having surged 64.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Mogareeka offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.4x is considered stretched. House prices have moved +64.3% year-on-year.
Mogareeka is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 67, the suburb has an older demographic with a median age of 61. Households earn a median income of $66K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mogareeka is $1.1 million, having surged 64.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Mogareeka offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.4x is considered stretched. House prices have moved +64.3% year-on-year.