Back

Milroy
NSW, 2850 - Mid-Western Regional

Thinking about buying in Milroy? Now could not be a better time, with just 36 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,526,000 with prices in this suburb ranging from $1,429,000 to $1,624,000. The aproximate distance to the coast is 177 Km.

Household Makeup

Median Weekly Rent $337.50
Median Monthly Mortgage $1530.50
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 48.00
Average Income $705.00
Average Cars Per Dwelling 1.40
Average Properties Within 50M 1

Housing Stock

Average Property Prices

Milroy Real Estate Market Outlook

In Milroy 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 Milroy 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. A mix of professions and above average income earners in Milroy 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 Milroy 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 Milroy a better buying opportunity than it may have been in the past.


Local Schools

St Matthews Catholic School

Mudgee Public School

Mudgee High School

Cudgegong Valley Public School

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

Milroy 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

26-02-2024 $1,635,000 321 LUE RD
03-01-2024 $860,000 28 ROCKY WATERHOLE RD
12-05-2022 $700,000 28 ROCKY WATERHOLE RD
18-04-2019 $1,125,000 321 LUE RD
07-12-2017 $810,000 28 ROCKY WATERHOLE RD
05-12-2016 $1,212,560 351 LUE RD
28-10-2016 $1,125,000 535 LUE RD
08-04-2016 $760,000 276 LUE RD
22-12-2014 $600,000 294 LUE RD
01-04-2014 $430,000 315 LUE RD
20-12-2013 $1,156,398 132 LUE RD
31-08-2012 $475,000 331 LUE RD
11-05-2012 $650,000 235 LUE RD
30-04-2012 $950,000 67 LUE RD
31-05-2010 $525,000 321 LUE RD
02-11-2009 $407,500 331 LUE RD
19-11-2008 $470,000 351 LUE RD
08-08-2007 $623,000 276 LUE RD
16-09-2005 $710,000 535 LUE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BombiraPutta BuccaBurrundullaBuckarooMudgeeMount FromeCaerleonEurundereeSpring FlatBudgee Budgee


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!