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Binnaway
NSW, 2395 - Warrumbungle

Thinking about buying in Binnaway? Now could not be a better time, with 744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $398,000 with prices in this suburb ranging from $16,000 to $3,142,000. The aproximate distance to the coast is 243 Km.

Household Makeup

Median Weekly Rent $150.00
Median Monthly Mortgage $518.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 53.50
Average Income $446.50
Average Cars Per Dwelling 1.64
Average Properties Within 50M 4

Housing Stock

Average Property Prices

1 Bed  $142,000
2 Bed  $179,000
3 Bed  $227,000
4 Bed  $605,000
6 Bed+$1,236,000

Binnaway Real Estate Market Outlook

In Binnaway 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 Binnaway 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 Binnaway 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 Binnaway 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.

Houses for sale Binnaway

Nutrien Harcourts 5991 WARRUMBUNGLES WAY, BINNAWAY, NSW, 2395 Beds Bathrooms EXPRESSION OF INTEREST

Local Schools

Binnaway Central School

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

Binnaway weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-03-2024 $155,000 11 YARRAN ST
21-02-2024 $83,000 8 FRATER ST
22-01-2024 $37,000 43 RAILWAY ST
08-12-2023 $110,000 10 BULLINDA ST
17-11-2023 $205,000 3 FRATER ST
27-09-2023 $348,000 371 BOURKES AND HALLS RD
25-09-2023 $800,000 57 PIAMBRA RD
22-09-2023 $300,000 26 DAVID ST
08-09-2023 $60,000 16 WATTLE ST
31-08-2023 $30,000 34 CASTLEREAGH AVE
16-08-2023 $100,000 15 RENSHAW ST
07-07-2023 $135,000 32 GEORGE ST
30-06-2023 $1,800,000 5836 WARRUMBUNGLES WAY
02-06-2023 $365,000 444 BOX RIDGE RD
19-05-2023 $75,000 3 ANDYS LANE
15-03-2023 $180,000 3 YARRAN ST
06-02-2023 $30,000 38 BULLINDA ST
31-01-2023 $170,000 2 ULINDA ST
30-01-2023 $205,000 18 ROPERS RD
13-01-2023 $900,000 1525 BOX RIDGE RD
11-01-2023 $158,000 5 NORMAN ST
20-12-2022 $50,000 3 RAILWAY ST
08-12-2022 $145,000 8 CASTLEREAGH AVE
13-10-2022 $180,000 11 BULLINDA ST
07-10-2022 $153,000 55 RAILWAY ST
30-09-2022 $1,860,000 1724 LEADERS RD
16-09-2022 $195,000 2 BULLINDA ST
13-09-2022 $500,000 3408 WARRUMBUNGLES WAY
12-09-2022 $107,000 1 CYPRESS ST
22-07-2022 $730,000 2229 ROPERS RD
19-07-2022 $175,000 6 FRATER ST
30-06-2022 $1,500,000 3408 WARRUMBUNGLES WAY
21-06-2022 $200,000 7 NAPIER ST
06-06-2022 $650,000 551 BOX RIDGE RD
25-05-2022 $355,000 18 ROPERS RD
06-05-2022 $2,600,000 694 LOCHNAW RD
29-04-2022 $250,000 1525 BOX RIDGE RD
20-04-2022 $140,000 6 MYALL ST
07-04-2022 $325,000 9 CISCO ST
11-03-2022 $130,000 27 RENSHAW ST
01-03-2022 $131,200 6 NORMAN ST
04-02-2022 $750,000 182 MOW ROCK RD
25-01-2022 $170,000 10 NORMAN ST
19-01-2022 $135,000 54 GEORGE ST
18-01-2022 $110,000 13 RENSHAW ST
14-01-2022 $120,000 11 DAVID ST
14-01-2022 $120,000 22 RENSHAW ST
14-01-2022 $120,000 11 DAVID ST
14-01-2022 $120,000 22 RENSHAW ST
08-12-2021 $735,000 3710 WARRUMBUNGLES WAY

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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General Points of Interest

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