Real Estate Lower Creek, NSW, 2440 Armidale Regional

Thinking about buying in Lower Creek? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location.

The average property price for this area is $568,000 with prices in this suburb ranging from $568,000 to $568,000.

Distance to the coast is 60 Km.

Instant Valuation

Lower Creek Real Estate Market Outlook

In Lower Creek 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 Lower Creek 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 Lower Creek 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 Lower Creek 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

Household makeup

Median Weekly Rent	$200.00
Median Monthly Mortgage	$867.00
Median Persons Per Bedroom	0.90
Average Household Size	2.00
Average Age	41.00
Average Income	$564.00
Average Cars Per Dwelling	2.60
Average Properties Within 50M	1.00

Housing Stock

Houses for sale Lower Creek

	8007 KEMPSEY RD, LOWER CREEK, NSW, 2440

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

Lower Creek 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
Jan	4.0	20.8	28.8	60.0	88.6	5.2	24.1
Feb	10.5	20.1	28.1	60.8	91.2	4.5	19.3
Mar	11.9	18.9	26.7	63.1	92.5	4.5	15.8
Apr	4.3	15.2	24.7	56.4	92.5	3.8	14.9
May	3.0	12	22.6	52.9	92.2	3.4	12.3
Jun	3.3	9.8	20.1	54.0	91.5	3.7	11.0
Jul	1.1	7.7	20.2	47.3	92.9	3.4	12
Aug	1.7	8.0	21.2	43.0	92.0	3.7	15.2
Sept	2.1	11.3	22.9	46.7	90.2	4.5	17.7
Oct	3.5	14.0	24.1	53.8	90.7	4.6	20.7
Nov	1.2	16.5	26.5	49.8	87.5	5.1	24.9
Dec	6.5	19.0	27.4	57.9	88.5	5.2	23.0

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

17-06-2022	$75,000	8007 KEMPSEY RD LOWER CREEK 2440
02-03-2022	$1,200,000	2 LOWER CREEK RD LOWER CREEK 2440
25-01-2022	$120,000	50 SMITHS CREEK RD LOWER CREEK 2440
12-11-2021	$560,000	9829 KEMPSEY RD LOWER CREEK 2440
13-09-2021	$260,000	7380 KEMPSEY RD LOWER CREEK 2440
26-08-2021	$300,000	8282 KEMPSEY RD LOWER CREEK 2440
04-06-2021	$45,000	1085 LOWER CREEK RD LOWER CREEK 2440
31-05-2021	$525,000	8476 KEMPSEY RD LOWER CREEK 2440
30-04-2021	$700,000	8314 KEMPSEY RD LOWER CREEK 2440
30-04-2021	$275,000	95 SMITHS CREEK RD LOWER CREEK 2440
30-04-2021	$700,000	8314 KEMPSEY RD LOWER CREEK 2440
30-04-2021	$275,000	95 SMITHS CREEK RD LOWER CREEK 2440
22-01-2021	$250,000	9950 KEMPSEY RD LOWER CREEK 2440
24-11-2020	$27,000	8908 ARMIDALE RD LOWER CREEK 2440
08-09-2020	$620,000	8314 KEMPSEY RD LOWER CREEK 2440
11-12-2019	$45,000	8914 KEMPSEY RD LOWER CREEK 2440
02-08-2019	$37,000	8903 KEMPSEY RD LOWER CREEK 2440
04-07-2019	$475,000	8421 KEMPSEY RD LOWER CREEK 2440
23-07-2018	$15,000	8914 KEMPSEY RD LOWER CREEK 2440
13-04-2018	$160,000	277 PETROI RD LOWER CREEK 2440
28-03-2018	$11,000,000	500 LAGOON CREEK RD LOWER CREEK 2440
14-03-2018	$350,000	237 LOWER CREEK RD LOWER CREEK 2440
08-12-2017	$120,000	275 PETROI RD LOWER CREEK 2440
28-07-2017	$110,000	8418 KEMPSEY RD LOWER CREEK 2440
09-02-2017	$84,000	389 SMITHS CREEK RD LOWER CREEK 2440
19-12-2016	$170,000	228 SMITHS CREEK RD LOWER CREEK 2440
25-05-2016	$290,000	500 LAGOON CREEK RD LOWER CREEK 2440
29-04-2016	$180,000	8282 KEMPSEY RD LOWER CREEK 2440
04-12-2015	$41,500	370 SMITHS CREEK RD LOWER CREEK 2440
18-09-2015	$100,000	7380 KEMPSEY RD LOWER CREEK 2440
09-06-2015	$210,000	8476 KEMPSEY RD LOWER CREEK 2440
11-08-2014	$1,790,800	890 CUNNAWARRA TRL LOWER CREEK 2440
08-07-2014	$70,000	8872 KEMPSEY RD LOWER CREEK 2440
07-04-2014	$100,000	8920 KEMPSEY RD LOWER CREEK 2440
18-10-2013	$195,000	95 SMITHS CREEK RD LOWER CREEK 2440
05-07-2013	$4,000	8913 KEMPSEY RD LOWER CREEK 2440
15-04-2013	$155,000	1200 PETROI RD LOWER CREEK 2440
08-06-2012	$55,000	1085 LOWER CREEK RD LOWER CREEK 2440
01-02-2011	$405,000	2 LOWER CREEK RD LOWER CREEK 2440
10-12-2010	$180,000	400 LOWER CREEK RD LOWER CREEK 2440
17-11-2010	$125,000	275 PETROI RD LOWER CREEK 2440
29-09-2010	$220,000	95 SMITHS CREEK RD LOWER CREEK 2440
02-09-2010	$75,000	8870 KEMPSEY RD LOWER CREEK 2440
17-08-2010	$90,000	271 LOWER CREEK RD LOWER CREEK 2440
02-03-2010	$100,000	9950 KEMPSEY RD LOWER CREEK 2440
16-06-2009	$110,000	269 LOWER CREEK RD LOWER CREEK 2440
19-05-2009	$135,000	367 LOWER CREEK RD LOWER CREEK 2440
04-03-2008	$62,000	487 SMITHS CREEK RD LOWER CREEK 2440
26-02-2008	$459,000	8421 ARMIDALE-KEMPSEY RD LOWER CREEK 2440
20-12-2007	$310,000	9829 ARMIDALE-KEMPSEY RD LOWER CREEK 2440

Internet Speed

Satellite

Nearby Suburbs

Comara Jeogla Carrai Bellbrook Thumb Creek Wollomombi Killiekrankie Ebor Brinerville Hillgrove

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