NSW, 2831 - Bogan

Thinking about buying in Hermidale? Now could not be a better time, with just 180 residential dwellings it's a highly sought after location.

The average property price for this area is $1,149,000 with prices in this suburb ranging from $22,000 to $3,031,000.

Distance to the coast is 456 Km.

Household Makeup

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Average Properties Within 50M

Average Property Prices

Hermidale Real Estate Market Outlook

In Hermidale 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 Hermidale 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. Low average earnings from people in Hermidale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Hermidale 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.

Housing Stock

Properties for sale Hermidale

RayWhite 25 MOURAMBA ST, HERMIDALE, NSW, 2831 Beds4 Bathrooms1 Parking 1 Contact Agent

Local Schools

Hermidale Public School

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

Hermidale weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

28-12-2022 $176,000 560 LAROO RD
19-08-2020 $14,000 1 NYNGAN ST
24-04-2020 $360,000 560 LAROO RD
16-08-2019 $45,000 13 NYNGAN ST
25-02-2019 $160,000 29 QUANDA ST
04-05-2018 $5,300 25 NYNGAN ST
20-03-2018 $3,150,000 602 WHITEROCK RD
06-06-2017 $320,000 560 LAROO RD
02-02-2017 $650,000 1552 KALLARA RD
02-12-2016 $6,000 2 COBAR ST
21-11-2016 $120,000 3 NYNGAN ST
02-08-2016 $1,660,000 5840 BARRIER HWY
26-05-2016 $24,000 1 NYMAGEE ST
20-11-2015 $1,200,000 876 KALLARA RD
30-06-2015 $350,000 1690 HERMIDALE NYMAGEE RD
30-09-2014 $640,000 2350 WHITEROCK RD
08-01-2014 $2,000,000 2590 GILGAI RD
11-04-2013 $900,000 2281 HERMIDALE NYMAGEE RD
07-12-2012 $530,000 2260 HERMIDALE NYMAGEE RD
06-10-2011 $10,000 2 QUANDA ST
15-10-2009 $1,550,000 1881 HERMIDALE NYMAGEE RD
22-01-2007 $8,500 2 QUANDA ST

Internet Speed

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Nearby Suburbs

MiandettaHoneybugleCanbelegoBabindaPangeeGirilamboneNynganBuddabadahCoolabahFive Ways

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