Nungatta is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 4, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $72K per year, with an average household size of 4 people.
The median house price in Nungatta is $180,000, having dropped significantly 87.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 11.6%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Nungatta offers a gross rental yield of 11.6%, rated as high yield. Property prices sit below the state median ($180K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.5x is considered affordable. House prices have moved -87.8% year-on-year.
Nungatta is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 4, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $72K per year, with an average household size of 4 people.
The median house price in Nungatta is $180,000, having dropped significantly 87.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 11.6%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Nungatta offers a gross rental yield of 11.6%, rated as high yield. Property prices sit below the state median ($180K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.5x is considered affordable. House prices have moved -87.8% year-on-year.