Honeybugle Real Estate, NSW, 2825 Bogan

Thinking about buying in Honeybugle? Now could not be a better time, with just 13 residential dwellings it's a highly sought after location.

Distance to the coast is 435 Km.

Honeybugle Real Estate Market Outlook

In Honeybugle 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 Honeybugle 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 Honeybugle 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 Honeybugle 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 Honeybugle 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
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

13-12-2017 $353,000 340 HONEYBUGLE RD HONEYBUGLE 2825
24-04-2015 $1,100,000 515 BOURKES RD HONEYBUGLE 2825
05-02-2015 $567,000 340 HONEYBUGLE RD HONEYBUGLE 2825
19-06-2014 $1,800,000 2296 COFFILLS LANE HONEYBUGLE 2825
04-10-2013 $525,000 1015 BOURKES RD HONEYBUGLE 2825
17-12-2010 $1,150,000 3595 PANGEE RD NYNGAN 2825

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