Urunga is a smaller suburb in New South Wales within the Bellingen local government area (postcode 2455). With a population of 3,185, the suburb has an older demographic with a median age of 55. Households earn a median income of $56K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Urunga is $840,000, having increased 2.4% over the past year. Units have a median price of $590,000 (+24.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,647.
Urunga is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 18 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Urunga offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.1x is considered stretched. House prices have moved +2.4% year-on-year.
Urunga is a smaller suburb in New South Wales within the Bellingen local government area (postcode 2455). With a population of 3,185, the suburb has an older demographic with a median age of 55. Households earn a median income of $56K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Urunga is $840,000, having increased 2.4% over the past year. Units have a median price of $590,000 (+24.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,647.
Urunga is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 18 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Urunga offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.1x is considered stretched. House prices have moved +2.4% year-on-year.