Located in New South Wales within the Bega Valley local government area, Pambula Beach is a small locality (postcode 2549). With a population of 667, the suburb has a mature demographic with a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.1 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 professionals, managers, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Pambula Beach has a median house price of $1.0 million, which has declined by 3.1% year-on-year. Units have a median price of $595,000 (-16.8% YoY). The current median weekly rent is $516. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,700.
Pambula Beach is served by 1 school, including 1 combined. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.6% (low yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -3.1% 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.