Wallagoot is a small community in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 597, the suburb has a mature demographic with a median age of 48. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wallagoot is $940,000, having surged 13% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 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, Wallagoot offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +13.0% year-on-year.
Wallagoot is a small community in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 597, the suburb has a mature demographic with a median age of 48. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wallagoot is $940,000, having surged 13% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 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, Wallagoot offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +13.0% year-on-year.