North Dorrigo is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 186, the suburb has an older demographic with a median age of 58. Households earn a median income of $49K per year, with an average household size of 2.1 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in North Dorrigo is $845,000, having dropped significantly 28.5% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,192.
Public transport access includes 13 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, North Dorrigo offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($845K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved -28.5% year-on-year.
North Dorrigo is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 186, the suburb has an older demographic with a median age of 58. Households earn a median income of $49K per year, with an average household size of 2.1 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in North Dorrigo is $845,000, having dropped significantly 28.5% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,192.
Public transport access includes 13 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, North Dorrigo offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($845K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved -28.5% year-on-year.