Pericoe is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 22, the suburb has an established demographic with a median age of 40. Households earn a median income of $14K per year, with an average household size of 2.1 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Pericoe is $178,000, having surged 26.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 17.6%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Pericoe offers a gross rental yield of 17.6%, rated as high yield. Property prices sit below the state median ($178K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +26.8% year-on-year.
Pericoe is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 22, the suburb has an established demographic with a median age of 40. Households earn a median income of $14K per year, with an average household size of 2.1 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Pericoe is $178,000, having surged 26.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 17.6%.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Pericoe offers a gross rental yield of 17.6%, rated as high yield. Property prices sit below the state median ($178K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +26.8% year-on-year.