Located in New South Wales within the Bega Valley local government area, Bega is a mid-sized suburb (postcode 2550). With a population of 5,013, the suburb has an established family demographic with a median age of 43. Households earn a median income of $62K per year, with an average household size of 2.3 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 labourers, professionals, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Bega stand at $643,000, having moved higher by 3.2% over the last twelve months. Units have a median price of $443,000 (-24.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,408.
Bega is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 86 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Bega Valley LGA is below average at 2,268 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices sit below the state median ($643K/$1.5M), which can point to relative value. The price-to-income ratio of 10.3x is considered stretched. House prices have moved +3.2% 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.