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Bombah Point
NSW, 2423 - Mid-Coast

Thinking about buying in Bombah Point? Now could not be a better time, with just 12 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $909,000 with prices in this suburb ranging from $140,000 to $3,110,000. Bombah Point is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $311.67
Median Monthly Mortgage $1760.00
Median Persons Per Bedroom 0.73
Average Household Size 2.00
Average Age 52.67
Average Income $587.00
Average Cars Per Dwelling 2.23
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $829,000
2 Bed  $441,000
4 Bed  $947,000
5 Bed  $3,110,000

Bombah Point Real Estate Market Outlook

In Bombah Point 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 Bombah Point 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. Low average earnings from people in Bombah Point leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Bombah Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bombah Point there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bombah Point weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-12-2023 $1,750,000 789 BOMBAH POINT RD
31-10-2022 $1,100,000 716 BOMBAH POINT RD
09-09-2022 $850,000 1028 BOMBAH POINT RD
10-06-2022 $3,000,000 949 BOMBAH POINT RD
13-01-2021 $380,000 1046 BOMBAH POINT RD
12-05-2017 $515,000 716 BOMBAH POINT RD
11-08-2016 $90,000 676 BOMBAH POINT RD
30-06-2016 $1,850,000 949 BOMBAH POINT RD
15-01-2010 $365,000 1028 BOMBAH POINT RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mungo BrushViolet HillNerongBoolambayteMyall LakeHawks NestMayers FlatBulahdelahTea GardensTopi Topi


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