Wallagoot (postcode 2550) is a close-knit residential community in New South Wales within the Bega Valley local government area. The area has roughly 597 residents and a settled, mature resident base, with a median age of 48. Households earn a median income of $82K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Wallagoot has a median house price of $940,000, which has risen by 2.7% year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. 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 2,268 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.8%, which reads as low yield. Property prices sit below the state median ($940K/$1.5M), which can point to relative value. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +2.7% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.