Balladoran Real Estate, NSW, 2822 Gilgandra

Thinking about buying in Balladoran? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location.

The average property price for this area is $1,728,000 with prices in this suburb ranging from $1,728,000 to $1,728,000.

Distance to the coast is 294 Km.

Balladoran Real Estate Market Outlook

In Balladoran 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 Balladoran 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 Balladoran 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 Balladoran 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

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Balladoran 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

15-06-2022 $1,417,500 722 DRILLWARRINA RD BALLADORAN 2822
21-12-2021 $525,000 412 WEST MIALLA RD BALLADORAN 2822
12-11-2021 $700,000 901 WEST MIALLA RD BALLADORAN 2822
04-08-2021 $590,000 306 OLD MILL RD BALLADORAN 2822
31-05-2021 $1,540,000 802 MILPULLING RD BALLADORAN 2822
21-02-2019 $625,000 612 OLD MILL RD BALLADORAN 2822
13-02-2019 $400,000 434 DRILLWARRINA RD BALLADORAN 2822
01-02-2019 $540,000 901 WEST MIALLA RD BALLADORAN 2822
20-12-2018 $1,800,000 1020 EUMUNGERIE RD BALLADORAN 2822
11-12-2018 $300,000 720 OLD MILL RD BALLADORAN 2822
02-02-2018 $987,000 390 OLD MILL RD BALLADORAN 2822
20-09-2016 $1,525,000 1850 MILPULLING RD BALLADORAN 2822
26-02-2016 $1,130,000 574 MILPULLING RD BALLADORAN 2822
03-12-2015 $794,000 1118 EUMUNGERIE RD BALLADORAN 2822
18-11-2015 $832,000 802 MILPULLING RD BALLADORAN 2822

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