NSW, 2791 - Blayney

Thinking about buying in Errowanbang? Now could not be a better time, with just 56 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,077,000 with prices in this suburb ranging from $361,000 to $1,272,000. The aproximate distance to the coast is 189 Km.

Household Makeup

Median Weekly Rent $325.00
Median Monthly Mortgage $2174.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 43.00
Average Income $891.00
Average Cars Per Dwelling 2.43
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $1,106,000
3 Bed  $1,106,000

Errowanbang Real Estate Market Outlook

In Errowanbang 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 Errowanbang 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. The slightly lower than average earnings from occupations in Errowanbang changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Errowanbang 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 Errowanbang 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.

Errowanbang weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

18-04-2023 $580,000 899 ERROWANBANG RD
17-12-2021 $250,000 891 ERROWANBANG RD
08-10-2021 $62,500,000 183 MERIBAH RD
05-07-2016 $240,000 1257 ERROWANBANG RD
08-03-2016 $673,000 1326 ERROWANBANG RD
05-09-2014 $590,000 1711 ERROWANBANG RD
13-12-2013 $1,300,000 1122 ERROWANBANG RD
11-11-2011 $260,000 1287 ERROWANBANG RD
19-01-2011 $665,000 30 PANUARA RD
04-05-2009 $38,500 891 ERROWANBANG RD
14-12-2007 $650,000 2245 CADIA RD
22-11-2007 $580,000 1877 ERROWANBANG RD
27-05-2005 $552,000 1877 ERROWANBANG RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Burnt YardsTallwoodForest ReefsPanuaraBrowns CreekCadiaWaldegraveCarcoarManduramaFour Mile Creek

Public Transport

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