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Erudgere
NSW, 2850 - Mid-Western Regional

Thinking about buying in Erudgere? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $947,000 with prices in this suburb ranging from $76,000 to $2,471,000. The aproximate distance to the coast is 184 Km.

Household Makeup

Median Weekly Rent $300.00
Median Monthly Mortgage $1322.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 50.00
Average Income $664.00
Average Cars Per Dwelling 2.13
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $1,035,000
3 Bed  $340,000
4 Bed  $981,000
5 Bed  $2,402,000
6 Bed+$1,131,000

Erudgere Real Estate Market Outlook

In Erudgere 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 Erudgere 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 Erudgere 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 Erudgere 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 Erudgere 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.

Erudgere 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

28-08-2023 $1,225,000 90 CARARA RD
02-02-2023 $2,460,000 79 ALEXANDER RD
21-11-2022 $1,200,000 195 OLD GRATTAI RD
06-05-2022 $871,494 548 HILL END RD
18-02-2022 $1,150,000 703 HILL END RD
24-09-2021 $1,200,000 72 MCDONALDS RD
13-09-2021 $335,000 317 HILL END RD
25-08-2021 $1,453,000 29 ALEXANDER RD
02-08-2021 $13,000 657 HILL END RD
16-07-2021 $1,850,000 74 MCDONALDS RD
08-02-2021 $1,000 657 HILL END RD
15-12-2020 $675,000 49 OLD GRATTAI RD
22-05-2019 $400,000 29 OLD GRATTAI RD
15-03-2019 $1,320,000 105 MCDONALDS RD
10-01-2019 $675,000 88 CARARA RD
08-01-2019 $535,000 221 OLD GRATTAI RD
24-08-2018 $420,000 614 HILL END RD
21-08-2018 $315,000 180 OLD GRATTAI RD
24-04-2018 $315,000 138 OLD GRATTAI RD
10-01-2018 $415,000 7 CARARA RD
23-10-2017 $890,000 60 CARARA RD
19-09-2017 $1,110,000 248 ERUDGERE LANE
24-07-2017 $770,000 282 HILL END RD
26-04-2017 $200,000 2 CARARA RD
01-02-2017 $3,400,000 366 ERUDGERE LANE
20-09-2016 $47,000 89 CARARA RD
18-12-2015 $760,000 7 CARARA RD
11-09-2015 $550,000 283 ERUDGERE LANE
09-06-2015 $305,000 616 HILL END RD
27-03-2015 $450,000 91 CARARA RD
22-10-2013 $215,000 841 HILL END RD
16-08-2012 $585,000 655 HILL END RD
16-04-2012 $750,000 7 CARARA RD
02-12-2011 $390,000 2 CARARA RD
21-09-2011 $685,000 248 ERUDGERE LANE
30-11-2010 $430,000 324 HILL END RD
02-09-2009 $560,000 31 CARARA RD
01-06-2009 $500,000 283 ERUDGERE LANE
20-04-2009 $770,000 60 CARARA RD
09-04-2009 $1,100,000 74 MCDONALDS RD
12-06-2008 $395,000 656 HILL END RD
11-02-2008 $368,000 119 OLD GRATTAI RD
05-09-2006 $400,000 241 OLD GRATTAI RD
06-03-2006 $775,000 658 HILL END RD
17-12-2004 $578,000 60 CARARA RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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General Points of Interest

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