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Bega

Suburb Profile

Bega - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2550

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $380,000.

The upward trend in home prices in BEGA, 2550 averaged 3.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 4.79% increase in returns based on the current median price in BEGA.

An average of 6.75 real estate transactions take place per month in BEGA which translates to 81 per annum.

81 properties were sold in BEGA in 2016, making it the 100th most active market in NSW based on total real estate transactions.

BEGA, 2550 places 576th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 N/A
GROWTH REPORT
Median Quarterly 2.01% N/A
Median 12 month -1.3% N/A
Median 3 years 9.75% N/A
Median 5 years 26.67% N/A
10 years average annual 4.63% N/A
Weekly media advert. rent $350 N/A
Time on Market 110.8 days N/A
Gross Rental Yield Percent 4.79% N/A
demographics (median values)
Total Population
4535
Weekly Household Income
635.5
Household Size
2.40
demographics
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Age group
Top 10 Birth Countries
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