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Greater Hume
NSW, 2646

Thinking about buying in Greater Hume? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,431,000 with prices in this suburb ranging from $178,000 to $3,392,000. The aproximate distance to the coast is 249 Km.

Household Makeup

Median Weekly Rent $166.50
Median Monthly Mortgage $1018.50
Median Persons Per Bedroom 0.70
Average Household Size 2.50
Average Age 40.50
Average Income $808.00
Average Cars Per Dwelling 2.50
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $1,503,000
2 Bed  $221,000
3 Bed  $1,165,000
4 Bed  $688,000

Greater Hume Real Estate Market Outlook

In Greater Hume 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 Greater Hume 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 Greater Hume 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 Greater Hume 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

(While the above schools are located with the suburb of Greater Hume 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.

Greater Hume 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
Jan1.214.533.620.180.13.126.9
Feb2.014.231.428.487.42.723.4
Mar1.711.327.634.191.52.418.5
Apr1.27.123.04295.41.914.4
May1.43.517.455.998.52.09.9
Jun1.31.914.166.798.81.88.5
Jul1.61.613.169.299.22.48.4
Aug1.62.014.361.698.82.411.3
Sept1.43.417.952.798.12.616.2
Oct1.95.622.042.697.22.721.3
Nov1.28.527.328.393.83.125.1
Dec1.511.530.422.587.33.227.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

02-02-2024 $4,300,000 500 MOSSDALE RD
30-01-2023 $165,000 18 WALBUNDRIE RD
08-09-2022 $700,000 1656 HOPEFIELD RD
01-10-2021 $592,500 485 CARROLL LANE
20-07-2021 $160,000 9 CHARLES ST
15-01-2021 $500,000 1656 HOPEFIELD RD
10-02-2020 $6,000 22 KAVANAGH ST
30-09-2019 $198,000 21 CHARLES ST
26-08-2019 $180,000 13 CHARLES ST
29-07-2019 $877,719 310 MOREBRINGER LANE
11-01-2019 $230,000 37 OIL TREE LAGOON RD
18-10-2018 $150,000 11 CHARLES ST
31-01-2018 $1,875,000 385 CARROLL LANE
22-06-2017 $110,000 9 CHARLES ST
14-11-2016 $160,000 21 CHARLES ST
21-10-2016 $130,000 1679 BROCKLESBY-BALLDALE RD
01-09-2016 $275,000 163 STRACHANS RD
02-02-2015 $527,500 310 MOREBRINGER LANE
26-02-2014 $300,000 363 MOREBRINGER LANE
03-02-2014 $1,203,326 790 HOWLONG-BALLDALE RD
19-03-2012 $380,000 308 MOREBRINGER RD
04-11-2011 $55,000 20 KAVANAGH ST

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Nearby Suburbs

BalldaleHopefieldBrocklesbyLowesdaleHowlongCoreenRedlandsGooramaddaCarlyleMoorwatha


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