Thinking about buying in Dumaresq Island? Now could not be a better time, with just 44 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,595,000 with prices in this suburb ranging from $437,000 to $2,400,000. Dumaresq Island is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $308.57 |
Median Monthly Mortgage | $1298.71 |
Median Persons Per Bedroom | 0.74 |
Average Household Size | 2.29 |
Average Age | 49.00 |
Average Income | $585.14 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 1 |
3 Bed  $942,000 |
4 Bed  $1,834,000 |
6 Bed+$2,399,000 |
In Dumaresq Island 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 Dumaresq Island 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 Dumaresq Island 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. Lower than average industry presence in Dumaresq Island 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 Dumaresq Island a better buying opportunity than it may have been in the past.
391 NEWTONS RD, DUMARESQ ISLAND, NSW, 2430 | 3 | 1 | 2 | $1,250,000 |
Manning Valley Anglican College
Cundletown Public School
Chatham Public School
Taree High School
Taree Public School
St Clare's High School
Chatham High School
St Joseph's Primary School
(While the above schools are located with the suburb of Dumaresq Island 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 | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
10-03-2023 | $2,700,000 | 122 NEWTONS RD |
01-12-2022 | $2,400,000 | 2 NEWTONS RD |
14-01-2022 | $1,900,000 | 83 NEWTONS RD |
14-04-2021 | $1,100,000 | 73 NEWTONS RD |
22-02-2021 | $1,650,000 | 2 NEWTONS RD |
23-05-2019 | $2,800,000 | 43 DUMARESQ ISLAND RD |
09-10-2017 | $300,000 | 141 DUMARESQ ISLAND RD |
23-06-2017 | $92,000 | 64 DUMARESQ ISLAND RD |
25-01-2013 | $855,000 | 59 NEWTONS RD |
14-10-2011 | $1,400,000 | 177 NEWTONS RD |
19-07-2010 | $1,425,000 | 40 DUMARESQ ISLAND RD |
18-10-2007 | $1,100,000 | 62 DUMARESQ ISLAND RD |
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