Real Estate Binalong Bay, TAS, 7216 Break O'day

Thinking about buying in Binalong Bay? Now could not be a better time, with a whopping 670 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $588,000 with prices in this suburb ranging from $172,000 to $967,000.

Distance to the coast is 0 Km.

Instant Valuation

Binalong Bay Real Estate Market Outlook

In Binalong Bay 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 Binalong Bay 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. A mix of professions and above average income earners in Binalong Bay 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 Binalong Bay 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.

About

Household makeup

Median Weekly Rent $252.50
Median Monthly Mortgage $1275.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 48.00
Average Income $759.00
Average Cars Per Dwelling 2.80
Average Properties Within 50M 9.00

Typical Property Prices

1 Bed$639,000
2 Bed$825,000
4 Bed$1,206,667

Housing Stock

Houses for sale Binalong Bay

Harcourts 21 TRELOGGEN DR, BINALONG BAY, TAS, 7216 Offers over $525,000
Harcourts 238 GARDENS RD, BINALONG BAY, TAS, 7216 3 1 $799,000
Harcourts 3 ANDREWS CT, BINALONG BAY, TAS, 7216 3 2 3 $950,000
Harcourts 17 JEANNERET CR, BINALONG BAY, TAS, 7216 $740,000
LJ Hooker 74 GARDENS RD, BINALONG BAY, TAS, 7216 3 2 6 $2,995,000
LJ Hooker 17 COFFEY DR, BINALONG BAY, TAS, 7216 3 2 1 Offers Over $930,000
LJ Hooker 20 BAY VIEW AV, BINALONG BAY, TAS, 7216 4 2 4 Offers over $980,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Binalong Bay 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
Jan1.413.923.748.389.83.823.9
Feb2.013.622.254.792.23.518.8
Mar3.111.820.657.8943.314.6
Apr1.19.71952.2913.110.8
May1.67.316.456.393.33.17.6
Jun2.65.714.264.695.53.06.3
Jul1.25.013.959.093.53.46.6
Aug1.55.014.153.791.63.69.5
Sept2.36.716.049.290.73.614.0
Oct1.28.017.850.592.13.519.0
Nov3.710.419.553.593.53.522.2
Dec1.911.921.748.490.43.926.6

source: Australian Government Bureau of Meteorology



Internet Speed

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Nearby Suburbs

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General Points of Interest

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