Real Estate Canobolas, NSW, 2800 Cabonne
Thinking about buying in Canobolas? Now could not be a better time, with just 244 residential dwellings it's a highly sought after location.
The average property price for this area is $2,322,000 with prices in this suburb ranging from $2,322,000 to $2,322,000.
Distance to the coast is 198 Km.Canobolas Real Estate Market Outlook
In Canobolas 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Canobolas due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Canobolas provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Canobolas we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Canobolas a better buying opportunity than it may have been in the past.
About
Household makeup
| Median Weekly Rent | $330.00 |
| Median Monthly Mortgage | $1758.00 |
| Median Persons Per Bedroom | 0.90 |
| Average Household Size | 3.00 |
| Average Age | 42.00 |
| Average Income | $1320.00 |
| Average Cars Per Dwelling | 2.98 |
| Average Properties Within 50M | 3.00 |
Housing Stock
Houses for sale Canobolas
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COTTAGE 3, ROSETEAGUE, 433 CANOBOLAS RD, CANOBOLAS, NSW, 2800 | 3 | 1 | 3 | $500 pw |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Canobolas there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Canobolas 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
| Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
| Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
| Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
| May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
| Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
| Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
| Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
| Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
| Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
| Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
| Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
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