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Reddestone
NSW, 2370 - Glen Innes Severn

Thinking about buying in Reddestone? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $555,000 with prices in this suburb ranging from $66,000 to $1,715,000. The aproximate distance to the coast is 149 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

Reddestone Real Estate Market Outlook

In Reddestone 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 Reddestone 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 Reddestone 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 Reddestone 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 Reddestone 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.

Reddestone 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

03-08-2023 $500,000 2430 EMMAVILLE RD
25-01-2023 $1,365,000 1001 BULLOCK MOUNTAIN RD
14-10-2022 $865,000 917 EMMAVILLE RD
19-09-2022 $40,000 4 / 2285 EMMAVILLE RD
03-12-2021 $480,000 2207 EMMAVILLE RD
30-08-2021 $550,000 1941 EMMAVILLE RD
23-04-2021 $420,000 2104 EMMAVILLE RD
30-10-2020 $615,000 2563 EMMAVILLE RD
15-09-2020 $1,290,000 250 OSLO RD
29-07-2020 $1,025,000 389 OSLO RD
29-06-2020 $65,000 1 / 2285 EMMAVILLE RD
28-05-2020 $973,500 2801 EMMAVILLE RD
20-04-2020 $300,000 2126 EMMAVILLE RD
09-01-2019 $50,000 6 / 2285 EMMAVILLE RD
31-07-2018 $80,000 7 / 2285 EMMAVILLE RD
29-09-2017 $800,000 1924 EMMAVILLE RD
25-08-2017 $265,000 2126 EMMAVILLE RD
13-07-2017 $105,000 2031 EMMAVILLE RD
01-12-2016 $300,000 2207 EMMAVILLE RD
18-10-2016 $137,500 1941 EMMAVILLE RD
23-09-2016 $42,500 6 / 2285 EMMAVILLE RD
09-07-2015 $540,000 1001 BULLOCK MOUNTAIN RD
08-07-2015 $1,100,000 1409 EMMAVILLE RD
20-11-2014 $65,000 5 / 2285 EMMAVILLE RD
12-12-2008 $585,000 2428 EMMAVILLE RD
27-07-2007 $245,000 2207 EMMAVILLE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Rangers ValleyYarrowfordWellingroveGlen InnesWellington ValeMathesonKingslandShannon ValeDundeeEmmaville

Public Transport


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