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The Marra
NSW, 2831 - Warren

Thinking about buying in The Marra? Now could not be a better time, with just 80 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,312,000 with prices in this suburb ranging from $1,172,000 to $5,536,000. The aproximate distance to the coast is 434 Km.

Household Makeup

Median Weekly Rent $105.67
Median Monthly Mortgage $1039.00
Median Persons Per Bedroom 0.80
Average Household Size 2.67
Average Age 38.67
Average Income $677.33
Average Cars Per Dwelling 2.35
Average Properties Within 50M 1

Housing Stock

Average Property Prices

The Marra Real Estate Market Outlook

In The Marra 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 The Marra 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 The Marra 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 The Marra 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

Marra Creek Public School

(While the above schools are located with the suburb of The Marra 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.

The Marra 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
Sept0.99.523.622.967.83.919.3
Oct0.913.327.719.562.53.923.9
Nov1.416.730.917.356.14.127.0
Dec0.919.633.816.854.04.128.5
Jan1.122.236.416.854.24.227.3
Feb1.420.633.922.661.6424.2
Mar1.417.530.626.467.03.720.3
Apr1.013.326.228.372.93.217.0
May1.08.720.536.582.53.212.9
Jun1.46.416.746.791.33.210.6
Jul0.75.516.840.785.73.412.0
Aug0.6618.731.177.73.514.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-04-2023 $13,796,952 1305 BUCKIINGUY RD
22-07-2022 $1,915,505 2141 BOOKA RD
22-12-2020 $2,083,590 2549 GIBSON WAY
14-12-2020 $1,735,000 6856 COLANE RD
16-10-2020 $4,174,255 1121 BUCKIINGUY RD
18-08-2016 $950,000 564 RETREAT RD
26-08-2014 $978,200 839 LEMONGROVE RD
09-07-2013 $3,566,506 1305 BUCKIINGUY RD
21-12-2012 $510,000 439 LAMPHS RD
03-08-2010 $1,600,000 11110 CARINDA RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Macquarie MarshesOxleyMurrawombieMount FosterGongolgonCarindaCoolabahCanonbaQuamboneGirilambone


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