Thinking about buying in Milbrulong? Now could not be a better time, with just 134 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $460,000 with prices in this suburb ranging from $46,000 to $2,349,000. The aproximate distance to the coast is 297 Km.
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In Milbrulong 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 Milbrulong 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. A mix of professions and above average income earners in Milbrulong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Milbrulong 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 Milbrulong a better buying opportunity than it may have been in the past.
447 WETMORES LANE, MILBRULONG, NSW, 2656 | 4 | 2 | 4 | Expressions of Interest |
None within suburb boundary
(While the above schools are located with the suburb of Milbrulong 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 | 1.2 | 17.6 | 34.6 | 21.5 | 74.0 | 3.2 | 25 |
Feb | 1.9 | 16.4 | 31.4 | 26 | 75.4 | 3.3 | 22.8 |
Mar | 1.5 | 13.4 | 28.5 | 29.7 | 80.7 | 2.9 | 17.8 |
Apr | 1.4 | 10.5 | 24.8 | 36.8 | 85.7 | 2.3 | 13.6 |
May | 1.1 | 5.4 | 17.7 | 52.1 | 95.2 | 2.0 | 10.3 |
Jun | 2.2 | 3.6 | 14.4 | 62.6 | 98.4 | 2.0 | 8.4 |
Jul | 1.1 | 2.9 | 13.8 | 60.6 | 96.8 | 2.1 | 9.2 |
Aug | 1.1 | 2.4 | 14.8 | 54.0 | 97.1 | 2.2 | 11.7 |
Sept | 0.6 | 3.6 | 19.8 | 33.9 | 91.6 | 2.6 | 17.4 |
Oct | 0.4 | 8.8 | 26.6 | 22.0 | 78.2 | 2.9 | 20.9 |
Dec | 1.9 | 16.2 | 32.6 | 21.8 | 71.7 | 3.0 | 26.3 |
source: Australian Government Bureau of Meteorology
23-09-2024 | $530,000 | 7 CAPE ST |
19-04-2024 | $60,000 | 18 ROBERTS ST |
28-11-2023 | $60,000 | 11 CAPE ST |
16-10-2023 | $1,680,000 | 447 WETMORES LANE |
04-08-2023 | $59,000 | 19 CAPE ST |
20-06-2022 | $34,500 | 6 CAPE ST |
22-12-2021 | $35,000 | 6 CAPE ST |
23-12-2020 | $4,360,658 | 909 LOCKHART THE ROCK RD |
22-10-2020 | $20,000 | 6 CAPE ST |
23-09-2020 | $7,000 | 7 CAPE ST |
13-08-2020 | $40,000 | 19 CAPE ST |
28-11-2019 | $1,450,000 | 323 CURRIES LANE |
14-03-2018 | $900,000 | 323 CURRIES LANE |
11-01-2018 | $80,000 | 14 CAPE ST |
18-09-2017 | $32,000 | 1 CAPE ST |
01-08-2017 | $194,000 | 4 ROBERTS ST |
09-06-2017 | $120,000 | 8 ROBERTS ST |
29-06-2016 | $125,000 | 7 ELBE ST |
23-06-2016 | $540,000 | 1075 LOCKHART THE ROCK RD |
31-03-2016 | $2,533,300 | 276 BENDERS LANE |
19-02-2016 | $344,000 | 131 STONEY PARK RD |
25-11-2015 | $180,000 | 60 MILBRULONG TIP RD |
06-03-2015 | $812,000 | 60 TERLICHS LANE |
16-04-2014 | $696,250 | 672 FRENCH PARK-BULLENBUNG RD |
08-01-2014 | $378,786 | 386 MORTONS LANE |
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