Verona is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 286, the suburb has a mature demographic with a median age of 53. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Verona is $640,000, having dropped significantly 29.2% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,450.
Public transport access includes 10 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Verona offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($640K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved -29.2% year-on-year.
Verona is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 286, the suburb has a mature demographic with a median age of 53. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Verona is $640,000, having dropped significantly 29.2% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,450.
Public transport access includes 10 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Verona offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($640K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved -29.2% year-on-year.