Raleigh is a small community in New South Wales within the Bellingen local government area (postcode 2454). With a population of 681, the suburb has a mature demographic with a median age of 49. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Raleigh is $748,000, having dropped significantly 28.8% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,725.
Raleigh is served by 1 school, including 1 primary. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Raleigh offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($748K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -28.8% year-on-year.
Raleigh is a small community in New South Wales within the Bellingen local government area (postcode 2454). With a population of 681, the suburb has a mature demographic with a median age of 49. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Raleigh is $748,000, having dropped significantly 28.8% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,725.
Raleigh is served by 1 school, including 1 primary. The average ICSEA score is 1097, which is above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Raleigh offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($748K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -28.8% year-on-year.