Valla Beach is a small community in New South Wales within the Nambucca Valley local government area (postcode 2448). With a population of 1,455, 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 2.1 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Valla Beach is $900,000, having increased 2.8% over the past year. Units have a median price of $788,000 (+37% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,600.
Public transport access includes 4 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Valla Beach offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.0x is considered stretched. House prices have moved +2.8% year-on-year.
Valla Beach is a small community in New South Wales within the Nambucca Valley local government area (postcode 2448). With a population of 1,455, 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 2.1 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Valla Beach is $900,000, having increased 2.8% over the past year. Units have a median price of $788,000 (+37% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,600.
Public transport access includes 4 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Valla Beach offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.0x is considered stretched. House prices have moved +2.8% year-on-year.