Bannister Real Estate, NSW, 2580 Upper Lachlan Shire

Thinking about buying in Bannister? Now could not be a better time, with just 109 residential dwellings it's a highly sought after location.

The average property price for this area is $802,000 with prices in this suburb ranging from $632,000 to $972,000.

Distance to the coast is 108 Km.

Bannister Real Estate Market Outlook

In Bannister 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 Bannister 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. The slightly lower than average earnings from occupations in Bannister changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Bannister 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 Bannister 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 Bannister 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 Bannister 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
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

01-06-2022 $950,000 39 RANGE RD BANNISTER 2580
24-01-2022 $1,675,000 177 PRICES LANE BANNISTER 2580
21-12-2021 $850,000 2584 RANGE RD BANNISTER 2580
28-06-2021 $940,000 123 PRICES LANE BANNISTER 2580
15-04-2021 $940,000 2369 RANGE RD BANNISTER 2580
10-07-2020 $876,000 2469 RANGE RD BANNISTER 2580
08-05-2020 $830,000 15 POMEROY RD BANNISTER 2580
30-08-2019 $780,000 2369 RANGE RD BANNISTER 2580
16-08-2019 $400,000 3150 RANGE RD BANNISTER 2580
25-07-2019 $800,000 1950 POMEROY RD BANNISTER 2580
15-11-2018 $610,000 2592 RANGE RD BANNISTER 2580
22-03-2018 $762,500 2483 RANGE RD BANNISTER 2580
07-12-2017 $419,000 871 WALKOMS LANE BANNISTER 2580
16-11-2017 $720,000 1734 POMEROY RD POMEROY 2580
16-08-2016 $460,000 304 DAWSONS CREEK RD BANNISTER 2580
11-08-2016 $320,000 871 WALKOMS LANE BANNISTER 2580
04-12-2015 $900,000 2217 RANGE RD BANNISTER 2580
22-06-2015 $566,000 260 DAWSONS CREEK RD BANNISTER 2580
06-03-2015 $720,000 246 BANNISTER LANE BANNISTER 2580
12-12-2014 $245,000 198 BANNISTER LANE BANNISTER 2580
18-09-2014 $270,000 157 DAWSONS CREEK RD BANNISTER 2580
31-01-2014 $550,000 1880 POMEROY RD BANNISTER 2580
11-07-2013 $930,000 280 GULLEN FLATS RD BANNISTER 2580
15-07-2012 $610,000 3226 RANGE RD BANNISTER 2580
10-11-2011 $370,000 2483 RANGE RD BANNISTER 2580
15-07-2011 $235,000 256 DAWSONS CREEK RD BANNISTER 2580
22-12-2010 $260,000 123 PRICES LANE BANNISTER 2580
29-03-2007 $432,000 260 DAWSONS CREEK RD BANNISTER 2580
04-04-2006 $407,500 2210 RANGE RD BANNISTER 2580

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