Mogilla is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 100, the suburb has an older demographic with a median age of 59. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, English, Irish.
The median house price in Mogilla is $1.0 million, having surged 185.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,348.
Public transport access includes 5 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, Mogilla offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.4x is considered stretched. House prices have moved +185.7% year-on-year.
Mogilla is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 100, the suburb has an older demographic with a median age of 59. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, English, Irish.
The median house price in Mogilla is $1.0 million, having surged 185.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,348.
Public transport access includes 5 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, Mogilla offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.4x is considered stretched. House prices have moved +185.7% year-on-year.