Valla is a small community in New South Wales within the Nambucca Valley local government area (postcode 2448). The area has roughly 1,052 residents and a mature demographic, with a median age of 48. Households earn a median income of $84K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 managers, professionals, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Valla has a median house price of $1.3 million, which has jumped by 30.1% year-on-year. The current median weekly rent is $568. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 1 rail station, 13 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
Looking at the investment signals, Valla shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.9x is considered stretched. House prices have moved +30.1% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.