Arkell Real Estate, NSW, 2795 Bathurst Regional

Thinking about buying in Arkell? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location.

Distance to the coast is 152 Km.

Arkell Real Estate Market Outlook

In Arkell 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 Arkell 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. The slightly lower than average earnings from occupations in Arkell changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Arkell 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.

About

Local Schools


None within suburb boundary

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

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

04-02-2022 $930,000 4111 TRUNKEY RD ARKELL 2795
04-02-2022 $930,000 162 OLD TRUNK RD ARKELL 2795
09-06-2021 $1,125,000 730 HOBBYS YARDS RD ARKELL 2795
20-12-2019 $357,500 352 OLD TRUNK RD ARKELL 2795
02-05-2016 $1,200,000 4274 TRUNKEY RD ARKELL 2795
06-10-2015 $495,000 4474 TRUNKEY RD ARKELL 2795
16-10-2014 $285,000 352 OLD TRUNK RD ARKELL 2795
18-02-2011 $226,000 1570 TRIANGLE FLAT RD ARKELL 2795
04-05-2010 $750,000 730 HOBBYS YARDS RD ARKELL 2795
14-09-2006 $325,000 4144 TRUNKEY RD ARKELL 2795
13-04-2006 $210,000 352 OLD TRUNK RD ARKELL 2795

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