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Bimbi
NSW, 2810 - Weddin

Thinking about buying in Bimbi? Now could not be a better time, with just 226 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,780,000 with prices in this suburb ranging from $40,000 to $8,655,000. The aproximate distance to the coast is 259 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Bimbi Real Estate Market Outlook

In Bimbi 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 Bimbi 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 Bimbi 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 Bimbi 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

None within suburb boundary

(While the above schools are located with the suburb of Bimbi 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.

Bimbi 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
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

10-11-2023 $1,360,000 433 BIMBI THUDDUNGRA RD
24-10-2023 $25,000 43 YOUNG ST
03-03-2021 $100,000 2 GRENFELL ST
12-12-2019 $105,000 42 CALDWELL ST
22-03-2019 $1,600 14 NOWLAN ST
22-03-2019 $2,100 13 BLAND ST
06-06-2018 $1,800,000 1131 DRIFTWAY RD
14-05-2018 $350,000 735 NAPIERS RD
12-01-2018 $850,000 873 NOWLANS RD
12-01-2018 $2,089,018 230 HEATHCOTES LANE
20-12-2017 $70,000 2 GRENFELL ST
10-03-2017 $556,000 5979 MARY GILMORE WAY
27-01-2017 $2,185,000 1199 DRIFTWAY RD
01-02-2016 $819,000 109 BIMBI THUDDUNGRA RD
30-03-2012 $183,000 6344 MARY GILMORE WAY
22-02-2012 $1,658,920 230 HEATHCOTES LANE
07-09-2009 $200,000 735 NAPIERS RD
06-07-2005 $1,171,607 230 HEATHCOTES LANE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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