Part of Hilltops, NSW
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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Thinking about buying in Mcmahons Reef? Now could not be a better time, with just 36 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,323,000 with prices in this suburb ranging from $354,000 to $2,646,000. The approximate distance to the coast is 191 Km.
In Mcmahons Reef 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 Mcmahons Reef 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 Mcmahons Reef 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 Mcmahons Reef 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.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2024-06-05 | $3,000,000 | 1780 Mcmahons Reef Road | Mcmahons Reef, NSW |
| 2024-04-19 | $7,845,000 | 109 Garratt Road | Mcmahons Reef, NSW |
| 2022-11-23 | $1,896,911 | 597 Garratt Road | Mcmahons Reef, NSW |
| 2021-12-10 | $1,810,000 | 597 Garratt Road | Mcmahons Reef, NSW |
| 2014-01-31 | $887,962 | 144 Timaru Road | Mcmahons Reef, NSW |
| 2013-11-08 | $800,000 | 180 Woburn Road | Mcmahons Reef, NSW |
| 2013-04-22 | $552,500 | 1696 Bouyeo Road | Mcmahons Reef, NSW |
| 2012-11-06 | $750,000 | 1208 Bouyeo Road | Mcmahons Reef, NSW |
| 2012-06-12 | $380,000 | 135 Timaru Road | Mcmahons Reef, NSW |
| 2010-08-04 | $335,000 | 156 Moola Road | Mcmahons Reef, NSW |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
| Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
| Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
| Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
| May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
| Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
| Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
| Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
| Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
| Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
| Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
| Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
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