Jeogla Real Estate, NSW, 2350 Armidale Regional

Thinking about buying in Jeogla? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location.

The average property price for this area is $150,000 with prices in this suburb ranging from $150,000 to $150,000.

Distance to the coast is 76 Km.

Jeogla Real Estate Market Outlook

In Jeogla 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 Jeogla 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 Jeogla 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 Jeogla 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 Jeogla there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold

24-01-2022 $35,000 12828 KEMPSEY RD JEOGLA 2350
25-05-2020 $127,000 12896 KEMPSEY RD JEOGLA 2350
10-10-2019 $350,000 13009 KEMPSEY RD JEOGLA 2350
03-11-2017 $380,000 570 WILLIAMS RD JEOGLA 2350
14-08-2012 $100,000 12654 KEMPSEY RD JEOGLA 2350
07-04-2011 $40,000 12804 KEMPSEY RD JEOGLA 2350
12-06-2009 $340,000 12828 ARMIDALE-KEMPSEY RD JEOGLA 2350
05-04-2006 $65,000 12896 ARMIDALE-KEMPSEY RD JEOGLA 2350
20-02-2006 $160,000 12828 ARMIDALE-KEMPSEY RD JEOGLA 2350

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