Garra Real Estate, NSW, 2866 Cabonne

Thinking about buying in Garra? Now could not be a better time, with just 49 residential dwellings it's a highly sought after location.

Distance to the coast is 227 Km.

Garra Real Estate Market Outlook

In Garra 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Garra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Garra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Garra 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 Garra a better buying opportunity than it may have been in the past.

About

More

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Garra 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

18-08-2021 $1,020,000 97 PECKS RD GARRA 2866
18-02-2021 $740,000 6 SULLIVANS RD GARRA 2866
24-06-2020 $400,000 100 PACKHAM DR GARRA 2866
12-06-2020 $300,000 161 FAIRVIEW RD GARRA 2866
17-12-2019 $1,060,000 940 PACKHAM DR GARRA 2866
01-04-2019 $434,000 999 GARRA RD GARRA 2866
24-07-2018 $300,000 1108 PACKHAM DR GARRA 2866
13-12-2017 $2,400,000 1487 PACKHAM DR GARRA 2866
18-10-2017 $280,000 101 BURGESS RD GARRA 2866
12-05-2017 $834,000 940 PACKHAM DR GARRA 2866
06-02-2017 $50,000 86 RUBYDALE RD GARRA 2866
22-12-2016 $140,000 101 BURGESS RD GARRA 2866
07-08-2015 $1,435,000 798 PACKHAM DR GARRA 2866
12-04-2013 $430,000 195 GARRA CEMETERY RD GARRA 2866
11-12-2012 $378,000 999 GARRA RD GARRA 2866
08-09-2010 $200,000 9 BROOKS LANE GARRA 2866
15-05-2009 $520,000 97 PECKS RD GARRA 2866
03-09-2008 $265,000 999 GARRA RD GARRA 2866
26-10-2006 $480,000 195 GARRA CEMETERY RD GARRA 2866
22-12-2005 $710,000 33 BURGESS RD GARRA 2866
09-12-2005 $165,000 1185 PACKHAM DR GARRA 2866

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!