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Koreelah
NSW, 2476 - Tenterfield

Thinking about buying in Koreelah? Now could not be a better time, with just 114 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $707,000 with prices in this suburb ranging from $479,000 to $2,175,000. The aproximate distance to the coast is 88 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

Koreelah Real Estate Market Outlook

In Koreelah 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 Koreelah 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 Koreelah 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 Koreelah 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 Koreelah 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.

Koreelah 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
Jan2.517.831.639.791.83.224.8
Feb1.616.828.945.093.33.222.8
Mar3.516.128.84495.32.518.5
Apr0.911.52544.496.32.316.9
May1.16.820.844.797.12.113.6
Jun0.85.018.447.896.82.212.0
Jul0.73.218.541.796.42.113.0
Aug0.83.420.831.793.52.516.1
Sept0.36.324.627.891.62.720.0
Oct1.811.026.235.793.42.822.9
Nov1.513.829.532.090.53.226.5
Dec2.916.230.238.392.23.226.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

06-07-2022 $5,500 25 WHITE SWAMP RD
13-05-2021 $660,000 10570 MOUNT LINDESAY RD
31-03-2021 $355,000 10473 MOUNT LINDESAY RD
01-10-2020 $1,275,000 37 HORNESMANS RD
27-05-2020 $77,500 43 WHITE SWAMP RD
28-06-2019 $1,300,000 10654 MOUNT LINDESAY RD
14-01-2019 $780,000 10570 MOUNT LINDESAY RD
08-12-2017 $325,000 11439 MOUNT LINDESAY RD
29-07-2016 $825,000 1189 WHITE SWAMP RD
17-08-2015 $515,000 242 MOUNT CLUNIE RD
30-07-2015 $832,000 10654 MOUNT LINDESAY RD
26-06-2015 $1,160,000 37 HORNESMANS RD
24-04-2014 $275,000 56 WHITE SWAMP RD
19-02-2014 $462,500 1133 WHITE SWAMP RD
29-08-2013 $655,000 1132 WHITE SWAMP RD
17-05-2012 $155,000 47 WHITE SWAMP RD
27-04-2012 $300,000 10555 MOUNT LINDESAY RD
02-09-2010 $175,000 43 WHITE SWAMP RD
03-12-2008 $100,000 47 WHITE SWAMP RD
15-05-2008 $323,500 10475 MOUNT LINDESAY RD
28-09-2006 $280,000 10473 MOUNT LINDESAY RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

The FallsUrbenvilleThe HeadAcacia CreekWoodenbongMuli MuliMuli MuliKillarneyMount CollieryBurnett Creek


General Points of Interest

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