Thinking about buying in Nindaroo? Now could not be a better time, with just 122 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $939,000 with prices in this suburb ranging from $494,000 to $2,218,000. Nindaroo is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Nindaroo are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Nindaroo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Nindaroo requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
9 NINDAVALE AV, NINDAROO, QLD, 4740 | 3 | 2 | 6 | Under Offer |
St Brendan's Catholic Primary School
Eimeo Road State School
(While the above schools are located with the suburb of Nindaroo 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 | 5.0 | 23.2 | 30.9 | 60.2 | 91.8 | 3.7 | 24.2 |
Feb | 9.5 | 23.2 | 31.4 | 61.6 | 95.2 | 2.9 | 24.0 |
Mar | 3.8 | 22.1 | 30.0 | 63.3 | 95.0 | 3.2 | 21.4 |
Apr | 5.9 | 20.1 | 28.0 | 63.8 | 95 | 3.2 | 18.1 |
May | 1.7 | 15.8 | 25.3 | 58.8 | 94.9 | 2.8 | 16.4 |
Jun | 0.9 | 12.7 | 23.7 | 55.7 | 94.9 | 2.4 | 15.2 |
Jul | 1.3 | 12.3 | 23.7 | 55.9 | 97.0 | 2.2 | 16.0 |
Aug | 0.4 | 13 | 24.6 | 53.0 | 96.9 | 2.6 | 18.4 |
Sept | 0.5 | 14.9 | 26.4 | 52.7 | 95.8 | 2.7 | 21.6 |
Oct | 1.3 | 18.2 | 28.5 | 54.4 | 94.3 | 3.0 | 24 |
Nov | 2.2 | 20.0 | 30.0 | 51.6 | 92.2 | 3.4 | 26.7 |
Dec | 6.5 | 22.4 | 31 | 59.2 | 92.5 | 3.9 | 23.4 |
source: Australian Government Bureau of Meteorology
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