Mount Darragh is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2632). With a population of 25, the suburb has an older demographic with a median age of 65. Households earn a median income of $25K per year, with an average household size of 1.4 people. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Mount Darragh is $499,000, having surged 137.6% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,800.
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, Mount Darragh offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($499K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 20.2x is considered stretched. House prices have moved +137.6% year-on-year.
Mount Darragh is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2632). With a population of 25, the suburb has an older demographic with a median age of 65. Households earn a median income of $25K per year, with an average household size of 1.4 people. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Mount Darragh is $499,000, having surged 137.6% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,800.
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, Mount Darragh offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($499K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 20.2x is considered stretched. House prices have moved +137.6% year-on-year.