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Palmers Oaky
NSW, 2795 - Lithgow

Thinking about buying in Palmers Oaky? Now could not be a better time, with just 60 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $586,000 with prices in this suburb ranging from $312,000 to $924,000. The aproximate distance to the coast is 120 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

Palmers Oaky Real Estate Market Outlook

In Palmers Oaky 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 Palmers Oaky 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 Palmers Oaky 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. 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 Palmers Oaky 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 Palmers Oaky 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.

Palmers Oaky 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
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

13-10-2021 $590,000 1783 UPPER TURON RD
17-09-2021 $780,000 268 RED HILL RD
16-07-2020 $700,000 999 MOUNT HORRIBLE RD
27-05-2020 $390,000 623 PALMERS OAKEY RD
29-03-2019 $4,826 1660 DARK CORNER RD
13-02-2018 $255,000 466 PALMERS OAKEY RD
22-12-2017 $221,000 1166 PALMERS OAKEY RD
12-10-2017 $500,000 534 PALMERS OAKEY RD
18-08-2017 $580,000 354 PALMERS OAKEY RD
07-07-2017 $1,710,000 2009 DARK CORNER RD
30-03-2017 $270,000 623 PALMERS OAKEY RD
20-12-2016 $600,000 999 MOUNT HORRIBLE RD
16-03-2016 $225,000 1817 DARK CORNER RD
24-05-2012 $50,000 282 PALMERS OAKEY RD
24-02-2012 $660,000 999 TOBINS OAKY TRL
10-02-2011 $560,000 534 PALMERS OAKEY RD
17-02-2006 $415,000 1620 UPPER TURON RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Paling YardsDark CornerUpper TuronLimekilnsWinburndaleRunning StreamCaperteeBen BullenCullen BullenRound Swamp

Public Transport


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