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Bora Ridge
NSW, 2471 - Richmond Valley

Thinking about buying in Bora Ridge? Now could not be a better time, with just 84 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $601,000 with prices in this suburb ranging from $312,000 to $1,422,000. The aproximate distance to the coast is 17 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

Bora Ridge Real Estate Market Outlook

In Bora Ridge 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 Bora Ridge 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 Bora Ridge 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 Bora Ridge 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.

Properties for sale Bora Ridge

Elders Real Estate 100 BENAUDS RD, BORA RIDGE, NSW, 2471 Beds3 Bathrooms2 Parking 3 $495,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bora Ridge 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.

Bora Ridge 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
Jan521.12866.994.63.824.9
Feb6.321.327.965.695.44.521.7
Mar4.220.427.466.897.14.118.3
Apr5.317.225.063.496.04.015.6
May3.913.522.063.395.13.412.6
Jun4.711.720.45993.33.511.1
Jul2.610.720.452.491.23.312.2
Aug2.610.921.545.589.83.615.6
Sept1.113.823.350.891.03.818.5
Oct3.116.224.558.893.14.021.7
Nov1.918.426.558.493.34.025.0
Dec2.619.827.262.994.63.925.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

26-06-2023 $355,000 75 HAUGHWOOD RD
23-03-2022 $700,000 430 MYALL CREEK RD
20-12-2021 $730,000 575 MYALL CREEK RD
03-12-2021 $740,000 50 HAUGHWOOD RD
04-11-2021 $585,000 965 MYALL CREEK RD
22-04-2021 $420,000 1465 MYALL CREEK RD
15-10-2018 $417,000 1095 MYALL CREEK RD
05-07-2018 $425,000 955 MYALL CREEK RD
26-03-2018 $197,000 1147 MYALL CREEK RD
25-10-2017 $800,000 325 BENAUDS RD
22-11-2016 $355,000 15 BLOODWOOD RD
14-06-2016 $425,000 428 MYALL CREEK RD
18-05-2015 $230,000 45 MOFFITS LANE
10-04-2015 $259,000 555 MYALL CREEK RD
22-12-2014 $245,000 45 MOFFITS LANE
05-03-2014 $363,000 1095 MYALL CREEK RD
20-01-2014 $535,000 25 BLOODWOOD RD
16-12-2013 $290,000 30 BLOODWOOD RD
21-03-2012 $270,000 1235 MYALL CREEK RD
04-06-2010 $360,000 1075 MYALL CREEK RD
23-10-2009 $350,000 430 MYALL CREEK RD
09-04-2007 $65,000 30 BLOODWOOD RD
28-02-2006 $250,000 100 BENAUDS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BungawalbinWest CorakiWest BungawalbinSwan BayEllangowanBox Ridge ReserveCorakiCodringtonEast CorakiTatham

Public Transport


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