Lochiel Real Estate, NSW, 2549 Bega Valley

Thinking about buying in Lochiel? Now could not be a better time, with just 204 residential dwellings it's a highly sought after location.

The average property price for this area is $560,000 with prices in this suburb ranging from $298,000 to $971,000.

Distance to the coast is 3 Km.

Lochiel Real Estate Market Outlook

In Lochiel 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 Lochiel 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 Lochiel 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 Lochiel 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 Lochiel 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

23-11-2021 $1,100,000 114 MINE RD LOCHIEL 2549
29-09-2021 $50,000 8 MCGRATHS RD LOCHIEL 2549
26-07-2021 $1,150,000 676 MOUNT DARRAGH RD LOCHIEL 2549
23-07-2021 $830,000 355 OAKLANDS RD LOCHIEL 2549
07-05-2021 $860,000 377 OAKLANDS RD LOCHIEL 2549
20-04-2021 $300,000 172 MINE RD LOCHIEL 2549
09-12-2020 $810,000 561 BACK CREEK RD LOCHIEL 2549
11-11-2020 $855,000 634 BACK CREEK RD LOCHIEL 2549
02-10-2020 $649,000 5 KOPIRRIE LANE LOCHIEL 2549
18-08-2020 $460,000 49 OMARU LANE LOCHIEL 2549
07-08-2020 $330,000 223 OAKLANDS RD LOCHIEL 2549
31-07-2020 $838,000 81 LOCHVIEW FARM RD LOCHIEL 2549
26-06-2020 $92,000 581 BACK CREEK RD LOCHIEL 2549
17-04-2020 $590,000 47 LOCHVIEW FARM RD LOCHIEL 2549
17-04-2020 $488,000 690 MOUNT DARRAGH RD LOCHIEL 2549
09-04-2020 $250,000 180 MCGRATHS RD LOCHIEL 2549
27-03-2020 $360,000 667 MOUNT DARRAGH RD LOCHIEL 2549
04-11-2019 $250,000 22 LOCHVIEW FARM RD LOCHIEL 2549
02-10-2019 $670,000 22 LIMOUSIN DR LOCHIEL 2549
30-09-2019 $1,075,000 790 BACK CREEK RD LOCHIEL 2549
10-09-2019 $270,000 6 BEATTIE LANE LOCHIEL 2549
13-05-2019 $620,000 421 MOUNT DARRAGH RD LOCHIEL 2549
19-11-2018 $236,000 581 BACK CREEK RD LOCHIEL 2549
15-10-2018 $585,000 47 LOCHVIEW FARM RD LOCHIEL 2549
31-08-2018 $396,000 42 LOCHVIEW FARM RD LOCHIEL 2549
12-07-2018 $535,000 999 BACK CREEK RD LOCHIEL 2549
15-06-2018 $535,000 21 BINDAREE RD LOCHIEL 2549
12-06-2018 $880,000 494 MOUNT DARRAGH RD LOCHIEL 2549
24-04-2018 $335,000 23 OMARU LANE LOCHIEL 2549
24-04-2018 $400,000 52 OMARU LANE LOCHIEL 2549
24-04-2018 $400,000 49 OMARU LANE LOCHIEL 2549
29-01-2018 $225,000 1414 MOUNT DARRAGH RD LOCHIEL 2549
06-12-2017 $79,000 302 MCGRATHS RD LOCHIEL 2549
24-10-2017 $585,000 51 MCGRATHS RD LOCHIEL 2549
18-07-2017 $665,000 377 OAKLANDS RD LOCHIEL 2549
03-04-2017 $395,000 1012 BACK CREEK RD LOCHIEL 2549
31-03-2017 $620,000 620 BACK CREEK RD LOCHIEL 2549
15-12-2016 $240,000 6 BEATTIE LANE LOCHIEL 2549
01-11-2016 $669,000 81 LOCHVIEW FARM RD LOCHIEL 2549
24-10-2016 $550,000 634 BACK CREEK RD LOCHIEL 2549
17-10-2016 $485,000 564 BACK CREEK RD LOCHIEL 2549
19-08-2016 $182,000 734 MOUNT DARRAGH RD LOCHIEL 2549
29-07-2016 $360,000 419 MOUNT DARRAGH RD LOCHIEL 2549
27-07-2016 $425,000 9 BINDAREE RD LOCHIEL 2549
20-05-2016 $523,000 464 BACK CREEK RD LOCHIEL 2549
08-04-2016 $525,000 972 BACK CREEK RD LOCHIEL 2549
12-10-2015 $595,000 38 BINDAREE RD LOCHIEL 2549
10-08-2015 $482,000 561 BACK CREEK RD LOCHIEL 2549
10-06-2015 $408,000 58 LOCHVIEW FARM RD LOCHIEL 2549
17-04-2015 $420,000 689 BACK CREEK RD LOCHIEL 2549

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