Megan Real Estate, NSW, 2453 Bellingen

Thinking about buying in Megan? Now could not be a better time, with just 127 residential dwellings it's a highly sought after location.

Distance to the coast is 28 Km.

Megan Real Estate Market Outlook

In Megan 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 Megan 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 Megan 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 Megan 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.

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Local Schools


None within suburb boundary

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

Local Crime Stats


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

10-09-2021 $820,000 736 CORAMBA RD MEGAN 2453
12-08-2021 $475,000 25 MACKAYS CREEK RD MEGAN 2453
09-06-2021 $379,000 1394 CORAMBA RD MEGAN 2453
20-05-2021 $225,500 19 RICHARDS RD MEGAN 2453
09-04-2021 $495,000 151 BEVERLEYS RD MEGAN 2453
06-11-2020 $535,000 13 HUDSONS RD MEGAN 2453
09-10-2020 $340,000 114 WARDS RD MEGAN 2453
11-08-2020 $340,000 136 HUDSONS RD MEGAN 2453
12-06-2020 $2,075,000 153 BREAKWELLS RD MEGAN 2453
03-04-2020 $980,000 230 BEVERLEYS RD MEGAN 2453
12-12-2019 $1,000,000 1644 CORAMBA RD MEGAN 2453
27-09-2019 $585,000 736 CORAMBA RD MEGAN 2453
10-07-2019 $107,000 19 RICHARDS RD MEGAN 2453
04-06-2019 $585,000 376 SLINGSBYS RD MEGAN 2453
11-04-2019 $340,000 25 RICHARDS RD MEGAN 2453
20-12-2018 $130,000 125 RODGERS RD E MEGAN 2453
31-10-2018 $985,000 72 BRIGGSVALE RD CASCADE 2453
15-08-2018 $150,000 125 RODGERS RD E MEGAN 2453
24-07-2018 $800,000 1378 CORAMBA RD MEGAN 2453
25-05-2018 $290,000 70 BRIGGSVALE RD MEGAN 2453
26-04-2018 $535,000 1691 CORAMBA RD DORRIGO 2453
18-01-2018 $610,000 1401 CORAMBA RD DORRIGO 2453
28-11-2017 $315,000 1387 CORAMBA RD DORRIGO 2453
01-11-2017 $595,000 397 SLINGSBYS RD MEGAN 2453
25-09-2017 $460,000 304 SLINGSBYS RD MEGAN 2453
27-07-2017 $1,000,000 35 WARDS RD MEGAN 2453
13-07-2017 $230,000 437 SLINGSBYS RD MEGAN 2453
27-06-2017 $745,000 303 SLINGSBYS RD MEGAN 2453
23-06-2017 $140,000 136 HUDSONS RD MEGAN 2453
13-03-2017 $420,000 90 RODGERS RD E MEGAN 2453
24-02-2017 $50,000 125 RODGERS RD E MEGAN 2453
01-02-2017 $900,000 82 BREAKWELLS RD MEGAN 2453
09-12-2016 $475,000 130 HUDSONS RD MEGAN 2453
11-11-2016 $508,000 408 SLINGSBYS RD MEGAN 2453
26-02-2016 $1,500,000 153 BREAKWELLS RD MEGAN 2453
05-08-2015 $220,000 41 RODGERS RD E MEGAN 2453
14-07-2015 $399,000 304 SLINGSBYS RD MEGAN 2453
03-06-2014 $307,000 1689 CORAMBA RD MEGAN 2453
18-04-2013 $280,000 121 BEVERLEYS RD MEGAN 2453
05-04-2013 $190,000 114 WARDS RD MEGAN 2453
08-02-2013 $50,000 1387 CORAMBA RD DORRIGO 2453
02-11-2012 $307,500 13 RODGERS RD E MEGAN 2453
06-08-2012 $295,000 25 RICHARDS RD MEGAN 2453
12-12-2011 $490,000 274 SLINGSBYS RD MEGAN 2453
18-02-2011 $310,000 982 CORAMBA RD MEGAN 2453
19-07-2010 $370,000 151 BEVERLEYS RD MEGAN 2453
27-11-2009 $275,000 982 CORAMBA RD MEGAN 2453
10-11-2009 $300,000 129 WARDS RD MEGAN 2453
30-10-2009 $280,000 121 BEVERLEYS RD MEGAN 2453
16-03-2009 $850,000 35 WARDS RD MEGAN 2453

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