Errowanbang Real Estate, NSW, 2791 Blayney

Thinking about buying in Errowanbang? Now could not be a better time, with just 51 residential dwellings it's a highly sought after location.

Distance to the coast is 190 Km.

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.

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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 Stats


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology

Recently Sold

17-12-2021 $250,000 891 ERROWANBANG RD ERROWANBANG 2791
08-10-2021 $62,500,000 183 MERIBAH RD ERROWANBANG 2791
08-10-2021 $62,500,000 114 MERIBAH RD ERROWANBANG 2791
05-07-2016 $240,000 1257 ERROWANBANG RD ERROWANBANG 2791
08-03-2016 $673,000 1326 ERROWANBANG RD ERROWANBANG 2791
05-09-2014 $590,000 1711 ERROWANBANG RD ERROWANBANG 2791
13-12-2013 $1,300,000 1122 ERROWANBANG RD ERROWANBANG 2791
11-11-2011 $260,000 1287 ERROWANBANG RD ERROWANBANG 2791
19-01-2011 $665,000 30 PANUARA RD ERROWANBANG 2791
04-05-2009 $38,500 891 ERROWANBANG RD ERROWANBANG 2791
14-12-2007 $650,000 2245 CADIA RD ERROWANBANG 2791
22-11-2007 $580,000 1877 ERROWANBANG RD ERROWANBANG 2791
27-05-2005 $552,000 1877 ERROWANBANG RD ERROWANBANG 2791

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