Nullica is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 17, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 1.9 people. The top ancestries reported are English, German, Australian.
The median house price in Nullica is $650,000, having dropped significantly 45.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,709.
Public transport access includes 2 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, Nullica offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -45.8% year-on-year.
Nullica is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 17, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 1.9 people. The top ancestries reported are English, German, Australian.
The median house price in Nullica is $650,000, having dropped significantly 45.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,709.
Public transport access includes 2 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, Nullica offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -45.8% year-on-year.