Byng
NSW, 2800
-
Cabonne
Thinking about buying in Byng? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,382,000 with prices in this suburb ranging from $690,000 to $2,330,000. The aproximate distance to the coast is 179 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Byng Real Estate Market Outlook
In Byng 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 Byng 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 Byng 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 Byng 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 Byng a better buying opportunity than it may have been in the past.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Byng there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Byng 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
| Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
| Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
| Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
| May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
| Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
| Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
| Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
| Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
| Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
| Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
| Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 15-12-2020 | $825,000 | 534 BYNG RD |
| 09-04-2020 | $487,000 | 625 BYNG RD |
| 23-06-2017 | $640,000 | 225 FAVELL RD |
| 16-06-2017 | $775,000 | 430 BYNG RD |
| 09-05-2017 | $680,000 | 229 FAVELL RD |
| 09-10-2015 | $1,332,500 | 261 FAVELL RD |
| 12-06-2012 | $483,400 | 470 BYNG RD |
| 10-05-2012 | $506,000 | 225 FAVELL RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Blayney - Greater then 10KM
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