Thinking about buying in Bannister? Now could not be a better time, with just 75 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $720,000 with prices in this suburb ranging from $420,000 to $2,150,000. The aproximate distance to the coast is 54 Km.
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In Bannister there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Bannister is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Bannister changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Bannister to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bannister we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bannister a better buying opportunity than it may have been in the past.
1950 POMEROY RD, BANNISTER, NSW, 2580 | EXPRESSIONS OF INTEREST |
Boddington District High School
(While the above schools are located with the suburb of Bannister there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
14-08-2024 | $1,200,000 | 319 DAWSONS CREEK RD |
07-09-2023 | $910,000 | 298 DAWSONS CREEK RD |
23-06-2023 | $1,050,000 | 2592 RANGE RD |
29-08-2022 | $1,800,000 | 783 BANNISTER LANE |
01-06-2022 | $950,000 | 39 RANGE RD |
24-01-2022 | $1,675,000 | 177 PRICES LANE |
21-12-2021 | $850,000 | 2584 RANGE RD |
28-06-2021 | $940,000 | 123 PRICES LANE |
15-04-2021 | $940,000 | 2369 RANGE RD |
10-07-2020 | $876,000 | 2469 RANGE RD |
08-05-2020 | $830,000 | 15 POMEROY RD |
30-08-2019 | $780,000 | 2369 RANGE RD |
25-07-2019 | $800,000 | 1950 POMEROY RD |
15-11-2018 | $610,000 | 2592 RANGE RD |
22-03-2018 | $762,500 | 2483 RANGE RD |
07-12-2017 | $419,000 | 871 WALKOMS LANE |
16-11-2017 | $720,000 | 1734 POMEROY RD |
16-08-2016 | $460,000 | 304 DAWSONS CREEK RD |
11-08-2016 | $320,000 | 871 WALKOMS LANE |
04-12-2015 | $900,000 | 2217 RANGE RD |
22-06-2015 | $566,000 | 260 DAWSONS CREEK RD |
06-03-2015 | $720,000 | 246 BANNISTER LANE |
12-12-2014 | $245,000 | 198 BANNISTER LANE |
18-09-2014 | $270,000 | 157 DAWSONS CREEK RD |
31-01-2014 | $550,000 | 1880 POMEROY RD |
11-07-2013 | $930,000 | 280 GULLEN FLATS RD |
15-07-2012 | $610,000 | 3226 RANGE RD |
10-11-2011 | $370,000 | 2483 RANGE RD |
15-07-2011 | $235,000 | 256 DAWSONS CREEK RD |
22-12-2010 | $260,000 | 123 PRICES LANE |
29-03-2007 | $432,000 | 260 DAWSONS CREEK RD |
04-04-2006 | $407,500 | 2210 RANGE RD |
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