Located in New South Wales within the Bega Valley local government area, Pambula is a small locality (postcode 2549). The area has roughly 1,002 residents and a mature demographic, with a median age of 54. Households earn a median income of $58K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, community & personal service. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are Australian, English, Irish.
Median house prices in Pambula stand at $675,000, having declined steeply by 28.2% over the last twelve months. Units have a median price of $530,000 (+0.5% YoY). The current median weekly rent is $516. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,300.
Pambula is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 941, which is below the national average of 1,000. Public transport access includes 24 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
On the investment side, Pambula shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($675K/$1.5M), which can point to relative value. The price-to-income ratio of 11.6x is considered stretched. House prices have moved -28.2% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.