Lower Creek Real Estate, 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.

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

Properties For Sale

Elders Real Estate 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 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
Jan4.020.828.860.088.65.224.1
Feb10.520.128.160.891.24.519.3
Mar11.918.926.763.192.54.515.8
Apr4.315.224.756.492.53.814.9
May3.01222.652.992.23.412.3
Jun3.39.820.154.091.53.711.0
Jul1.17.720.247.392.93.412
Aug1.78.021.243.092.03.715.2
Sept2.111.322.946.790.24.517.7
Oct3.514.024.153.890.74.620.7
Nov1.216.526.549.887.55.124.9
Dec6.519.027.457.988.55.223.0

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
02-03-2022 $400,000 864 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
05-11-2021 $720,000 8404 KEMPSEY RD LOWER CREEK 2440
05-11-2021 $360,000 7356 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 $460,000 228 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
30-04-2021 $460,000 228 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
02-08-2019 $37,000 8913 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
15-04-2013 $155,000 1200 PETROI RD LOWER CREEK 2440
12-04-2013 $155,000 1200 PETROI RD LOWER CREEK 2440
12-04-2013 $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

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