Wapengo Real Estate, NSW, 2550 Bega Valley

Thinking about buying in Wapengo? Now could not be a better time, with just 69 residential dwellings it's a highly sought after location.

The average property price for this area is $802,000 with prices in this suburb ranging from $756,000 to $848,000.

Distance to the coast is 0 Km.

Wapengo Real Estate Market Outlook

In Wapengo 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 Wapengo 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 Wapengo 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 Wapengo 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.

About

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Wapengo there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.917.022.664.5908.121.9
Feb2.617.022.565.890.97.518.4
Mar2.815.821.661.189.27.515.7
Apr2.214.020.258.588.66.612.8
May2.511.317.457.488.87.09.6
Jun3.39.715.55988.96.77.7
Jul1.78.815.054.287.66.58.5
Aug2.18.915.750.987.6711
Sept2.110.517.156.189.3814.9
Oct2.411.417.956.589.28.119.3
Nov2.213.819.760.889.38.323.3
Dec2.015.121.061.088.48.425.1

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

28-03-2022 $350,000 2170 TATHRA BERMAGUI RD WAPENGO 2550
01-11-2021 $2,000,000 131 HUNTERS RD WAPENGO 2550
28-06-2021 $350,000 2170 TATHRA BERMAGUI RD WAPENGO 2550
30-04-2021 $1,490,000 319 WAPENGO LAKE RD WAPENGO 2550
22-02-2021 $1,250,000 319 WAPENGO LAKE RD WAPENGO 2550
18-11-2020 $787,500 2065 TATHRA BERMAGUI RD WAPENGO 2550
18-11-2020 $1,160,000 331 WAPENGO LAKE RD WAPENGO 2550
11-11-2020 $2,700,000 149 WAPENGO LAKE RD WAPENGO 2550
18-08-2020 $132,500 68 CALDECOTTS RD WAPENGO 2550
10-08-2020 $682,500 72 CALDECOTTS RD WAPENGO 2550
16-04-2019 $50,000 27 WHITTLES RD WAPENGO 2550
31-07-2017 $645,000 31 HUNTERS RD WAPENGO 2550
04-04-2017 $470,000 2202 TATHRA BERMAGUI RD WAPENGO 2550
30-11-2016 $400,000 224 HUNTERS RD WAPENGO 2550
19-11-2014 $190,000 68 CALDECOTTS RD WAPENGO 2550
22-10-2014 $601,000 115 HANKINSONS RD WAPENGO 2550
04-04-2014 $666,000 105 HANKINSONS RD WAPENGO 2550
08-08-2013 $595,000 2168 TATHRA-BERMAGUI RD WAPENGO 2550
24-02-2011 $690,000 2109 TATHRA-BERMAGUI RD WAPENGO 2550
04-12-2009 $487,000 2170 TATHRA-BERMAGUI RD WAPENGO 2550
23-10-2008 $200,000 68 CALDECOTTS RD WAPENGO 2550
20-04-2007 $420,000 2202 TATHRA-BERMAGUI RD WAPENGO 2550
31-10-2006 $1,500 138 CALDECOTTS RD WAPENGO 2550
01-07-2005 $100,000 1795 TATHRA-BERMAGUI RD WAPENGO 2550
30-05-2005 $480,000 115 HANKINSONS RD WAPENGO 2550
04-04-2005 $175,000 70 CALDECOTTS RD WAPENGO 2550

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