Cudgel Real Estate, NSW, 2700 Leeton

Thinking about buying in Cudgel? Now could not be a better time, with just 31 residential dwellings it's a highly sought after location.

Distance to the coast is 355 Km.

Cudgel Real Estate Market Outlook

In Cudgel 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 Cudgel 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 Cudgel 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 Cudgel 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 Cudgel 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
Jan1.119.034.620.066.04.328.2
Feb1.418.632.626.770.34.024.1
Mar2.515.728.833.779.33.619.4
Apr1.111.624.336.783.43.015
May0.77.218.946.591.23.011.3
Jun1.45.415.259.496.62.99.0
Jul1.15.014.657.494.33.19.4
Aug1.25.216.248.793.23.312.3
Sept0.47.020.834.283.13.817.8
Oct1.310.824.931.582.63.821.7
Nov1.214.329.124.677.43.926.0
Dec1.616.931.522.671.14.228.8

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

17-03-2022 $448,333 224 CUDGEL RD CUDGEL 2700
17-03-2022 $448,333 204 CUDGEL RD CUDGEL 2700
17-03-2022 $459,600 224 CUDGEL RD CUDGEL 2700
17-03-2022 $459,600 204 CUDGEL RD CUDGEL 2700
23-11-2020 $142,889,635 182 CUDGEL RD CUDGEL 2700
23-04-2020 $250,000 278 CUDGEL RD CUDGEL 2700
15-02-2019 $750,000 42 STANNARD RD CUDGEL 2700
23-11-2018 $700,000 1097 IRRIGATION WAY CUDGEL 2700
19-04-2017 $350,000 182 CUDGEL RD CUDGEL 2700
21-12-2016 $893,000 278 CUDGEL RD CUDGEL 2700
11-10-2016 $340,000 180 CUDGEL RD CUDGEL 2700
26-02-2016 $1,050,000 1278 IRRIGATION WAY CUDGEL 2700
08-02-2016 $370,000 144 CUDGEL RD CUDGEL 2700
30-06-2015 $1,015,000 243 MACKELLAR RD CUDGEL 2700
19-02-2015 $410,000 1097 IRRIGATION WAY CUDGEL 2700
14-01-2014 $216,666 224 CUDGEL RD CUDGEL 2700
14-01-2014 $228,333 204 CUDGEL RD CUDGEL 2700
06-09-2010 $490,000 278 CUDGEL RD CUDGEL 2700

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