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Garoo
NSW, 2340 - Tamworth Regional

Thinking about buying in Garoo? Now could not be a better time, with just 86 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,773,000 with prices in this suburb ranging from $648,000 to $11,764,000. The aproximate distance to the coast is 153 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

Garoo Real Estate Market Outlook

In Garoo 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 Garoo 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. A mix of professions and above average income earners in Garoo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Garoo to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Garoo we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Garoo a better buying opportunity than it may have been in the past.

Properties for sale Garoo

McGrath 11728 NEW ENGLAND HWY, GAROO, NSW, 2340 Beds Bathrooms Under Contract

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Garoo 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.

Garoo 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

15-11-2023 $8,000,000 1253 LINDSAYS GAP RD
01-08-2023 $5,100,000 184 GAROO RD
17-10-2022 $4,375,000 108 BULLS RD
18-10-2021 $2,900,000 418 GAROO RD
29-06-2021 $6,219 1178 OLD WALLABADAH RD
01-12-2020 $3,800,000 903 GAROO RD
26-10-2020 $48,325,000 564 OLD WALLABADAH RD
26-10-2020 $48,325,000 937 LINDSAYS GAP RD
26-10-2020 $48,325,000 1773 MIDDLEBROOK RD
18-02-2020 $5,500,000 2039 LINDSAYS GAP RD
12-11-2019 $6,150,000 1253 LINDSAYS GAP RD
21-01-2019 $1,000,000 333 GAROO RD
24-11-2017 $420,000 248 GAROO RD
30-03-2017 $2,900,000 564 OLD WALLABADAH RD
05-12-2016 $2,500,000 12540 NEW ENGLAND HWY
10-10-2016 $3,500,000 255 GAROO RD
20-09-2016 $23,800,000 1773 MIDDLEBROOK RD
11-08-2016 $20,000,000 937 LINDSAYS GAP RD
07-04-2015 $390,000 248 GAROO RD
11-07-2012 $965,000 373 GAROO RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NundleGoonoo GoonooGowrieLoomberahWallabadahBowling Alley PointCrawneyWoolominTimbumburiDuncans Creek

Public Transport


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