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Elsmore
NSW, 2360 - Inverell

Thinking about buying in Elsmore? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $524,000 with prices in this suburb ranging from $28,000 to $761,000. The aproximate distance to the coast is 175 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

Elsmore Real Estate Market Outlook

In Elsmore 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 Elsmore 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 Elsmore 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 Elsmore 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 Elsmore 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.

Elsmore 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

22-12-2023 $343,333 4908 GWYDIR HWY
17-02-2023 $332,424 988 ELSMORE RD
22-06-2022 $337,000 470 GRANTS RD
25-02-2022 $2,200,000 643 SILVERMINES RD
08-11-2021 $1,490,000 141 STANNIFER RD
01-07-2021 $495,000 29 BLAKES LANE
28-06-2021 $490,000 1511 ELSMORE RD
19-03-2021 $370,000 5031 GWYDIR HWY
12-03-2021 $180,000 32 DAW LANE
28-10-2020 $172,000 45 ELSMORE COMMON RD
05-04-2019 $20,000 1143 ELSMORE RD
18-12-2017 $3,150,000 792 ELSMORE RD
10-05-2017 $327,500 119 ELSMORE COMMON RD
30-06-2016 $330,000 1490 ELSMORE RD
11-12-2015 $1,000,000 723 SILVERMINES RD
27-08-2015 $240,000 988 ELSMORE RD
05-06-2015 $240,000 1195 ELSMORE RD
19-02-2015 $130,000 36 ELSMORE COMMON RD
02-08-2013 $197,000 470 GRANTS RD
21-09-2012 $300,000 1490 ELSMORE RD
02-02-2012 $230,000 470 GRANTS RD
29-06-2011 $895,000 141 STANNIFER RD
08-06-2011 $162,500 63 ELSMORE COMMON RD
21-01-2011 $210,000 35 ELSMORE COMMON RD
15-12-2010 $67,500 1235 ELSMORE RD
28-10-2010 $220,000 245 LOVES LANE
01-05-2009 $95,000 1163 ELSMORE RD
04-11-2008 $440,000 285 STANNIFER RD
20-10-2008 $185,000 245 LOVES LANE
24-04-2008 $140,000 35 ELSMORE COMMON RD
27-02-2008 $182,000 1279 ELSMORE RD
27-08-2007 $105,000 1490 PARADISE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

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