Thinking about buying in Marmong Point? Now could not be a better time, with just 360 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $948,000 with prices in this suburb ranging from $260,000 to $2,441,000. Marmong Point is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Marmong Point Real Estate Market Outlook

In Marmong Point 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 Marmong Point 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 Marmong Point 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 Marmong Point 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.

Properties for sale Marmong Point

4 HOMAN ST, MARMONG POINT, NSW, 2284

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Recently Sold Properties / House Prices

30-11-2023	$860,000	9 COURAGEOUS CL
01-11-2023	$1,300,000	35 GEORGE ST
12-09-2023	$780,000	45 GEORGE ST
24-08-2023	$1,195,000	30 DEFENDER CL
31-07-2023	$535,000	6 / 10 HIGH ST
20-07-2023	$835,000	9 ERA CL
04-07-2023	$850,000	10 COURAGEOUS CL
28-02-2023	$1,350,000	33 GEORGE ST
14-02-2023	$790,000	6 COURAGEOUS CL
17-01-2023	$1,200,000	20 HIGH ST
19-12-2022	$807,000	9 HIGH ST
26-07-2022	$761,185	15 CANOPUS CL
31-05-2022	$950,000	3 EXPRESS CCT
15-03-2022	$995,000	7 EXPRESS CCT
04-03-2022	$820,000	123 MARMONG ST
18-02-2022	$800,000	121 MARMONG ST
28-01-2022	$2,275,000	14 GEORGE ST
16-12-2021	$770,000	22 CANOPUS CL
13-12-2021	$755,000	6 ERA CL
10-12-2021	$860,000	16 DEFENDER CL
30-11-2021	$900,000	6 KYLIE CL
10-11-2021	$1,295,000	33 GEORGE ST
02-11-2021	$820,000	28 EXPRESS CCT
29-10-2021	$770,000	34 MARMONG ST
14-10-2021	$10,500,000	1 NANDA ST
01-10-2021	$330,000	9 EXPRESS CCT
16-09-2021	$720,000	3 ERA CL
12-05-2021	$715,000	1 CANOPUS CL
04-05-2021	$597,500	82 MARMONG ST
30-11-2020	$600,000	14 DEFENDER CL
08-10-2020	$490,000	24 GEORGE ST
28-08-2020	$650,000	4 ERA CL
12-08-2020	$570,000	41 GEORGE ST
29-04-2020	$599,999	17 EXPRESS CCT
30-03-2020	$605,000	31 DEFENDER CL
16-12-2019	$553,000	23 DEFENDER CL
31-10-2019	$630,000	26 COURAGEOUS CL
29-10-2019	$525,000	4 DEFENDER CL
28-10-2019	$900,000	24 MARMONG ST
27-09-2019	$196,000	20 HIGH ST
07-08-2019	$445,000	5 ERA CL
29-07-2019	$510,900	99 MARMONG ST
25-07-2019	$1,325,000	16 NANDA ST
12-07-2019	$493,000	8 ERA CL
19-06-2019	$499,000	16 COURAGEOUS CL
29-05-2019	$555,000	26 GEORGE ST
29-04-2019	$670,000	22 COURAGEOUS CL
08-03-2019	$520,000	11 EXPRESS CCT
04-03-2019	$565,000	139 MARMONG ST
15-02-2019	$540,000	23 CANOPUS CL

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Internet Speed

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Nearby Suburbs

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Public Transport

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General Points of Interest

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