Larras Lee Real Estate, NSW, 2866 Cabonne

Thinking about buying in Larras Lee? Now could not be a better time, with just 35 residential dwellings it's a highly sought after location.

Distance to the coast is 219 Km.

Larras Lee Real Estate Market Outlook

In Larras Lee 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 Larras Lee 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 Larras Lee 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 Larras Lee 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 Larras Lee a better buying opportunity than it may have been in the past.

About

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Larras Lee there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


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 Properties / House Prices

16-04-2021 $667,868 233 CROCKETTS LANE LARRAS LEE 2866
16-04-2021 $826,632 309 CROCKETTS LANE LARRAS LEE 2866
16-04-2021 $955,500 5619 MITCHELL HWY LARRAS LEE 2866
16-04-2021 $667,868 233 CROCKETTS LANE LARRAS LEE 2866
16-04-2021 $826,632 309 CROCKETTS LANE LARRAS LEE 2866
16-04-2021 $955,500 5619 MITCHELL HWY LARRAS LEE 2866
06-08-2019 $2,000,000 5796 MITCHELL HWY LARRAS LEE 2866
27-01-2017 $1,060,000 453 LARRAS LEE RD LARRAS LEE 2866
15-04-2016 $305,625 36 THREE RIVERS RD LARRAS LEE 2866
18-12-2015 $400,000 113 THREE RIVERS RD LARRAS LEE 2866
17-12-2015 $1,850,000 244 CROCKETTS LANE LARRAS LEE 2866
13-10-2015 $1,720,000 445 THE GAP ROAD LARRAS LEE 2866
10-11-2014 $975,000 326 CROCKETTS LANE LARRAS LEE 2866
11-02-2014 $168,000 36 THREE RIVERS RD LARRAS LEE 2866
07-05-2013 $84,000 36 THREE RIVERS RD LARRAS LEE 2866
25-09-2009 $845,020 456 THE GAP RD LARRAS LEE 2866
01-10-2008 $353,000 534 LARRAS LEE RD LARRAS LEE 2866
23-09-2008 $300,000 51 LARRAS LEE RD LARRAS LEE 2866
19-10-2006 $1,500,000 309 CROCKETTS LANE BOOMEY 2866
19-10-2006 $250,000 233 CROCKETTS LANE LARRAS LEE 2866

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