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Merrygoen NSW 2831: Property Market Report & Real Estate Insights

Part of Warrumbungle, NSW

Property Market

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Typical House Prices

Typical Homes & Property Types

Average Internet Speeds in Merrygoen

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Merrygoen Real Estate Market Outlook

Thinking about buying in Merrygoen? Now could not be a better time, with just 129 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $336,000 with prices in this suburb ranging from $43,000 to $1,255,000. The approximate distance to the coast is 252 Km.

Living in Merrygoen

In Merrygoen 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 Merrygoen 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 Merrygoen 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 Merrygoen 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

Merrygoen is a small, tranquil locality situated in the Warrumbungle Shire of New South Wales. The housing market in Merrygoen is characterized by its affordability and spacious properties, making it an attractive option for those seeking a peaceful rural lifestyle. Unlike the bustling city markets, Merrygoen offers a simpler, more relaxed real estate environment where prospective homebuyers can find larger plots of land at relatively low prices. This appeals to both families wanting space to grow and retirees looking for a quiet setting. The market is less volatile compared to urban areas, providing stable opportunities for homeownership or investment.

Living in Merrygoen offers a serene lifestyle framed by the picturesque natural beauty of the Warrumbungle region. Residents enjoy proximity to outdoor activities like hiking and bird-watching in nearby national parks, while also benefiting from a close-knit community atmosphere. Despite its rural setting, Merrygoen maintains essential amenities and services either locally or in nearby larger towns. The peaceful environment is perfect for those who enjoy a slower pace of life, providing a retreat from the hustle and bustle of larger cities while fostering a sense of community and connection with nature.



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2025-11-14 $180,000 7 Strickland Street Merrygoen, NSW
2025-07-22 $998,000 259 Merrygoen Road Merrygoen, NSW
2025-03-20 $189,000 41 Denman Street Merrygoen, NSW
2025-03-17 $2,050,000 299 Forans Road Merrygoen, NSW
2025-03-13 $189,000 41 Denman Street Merrygoen, NSW
2025-01-20 $398,000 308 Merrygoen Road Merrygoen, NSW
2024-12-13 $160,000 1 Strickland Street Merrygoen, NSW
2024-11-20 $92,000 2 Biamble Street Merrygoen, NSW
2024-10-24 $139,000 4 Biamble Street Merrygoen, NSW
2024-07-15 $255,000 16 Denman Street Merrygoen, NSW
2023-09-15 $135,000 272 Merrygoen Road Merrygoen, NSW
2023-04-21 $12,000 2 Biamble Street Merrygoen, NSW
2022-10-13 $90,000 274 Merrygoen Road Merrygoen, NSW
2021-08-31 $147,000 1 Biamble Street Merrygoen, NSW
2021-07-19 $55,000 3 Strickland Street Merrygoen, NSW
2020-12-01 $170,000 16 Denman Street Merrygoen, NSW
2020-10-30 $827,500 150 Walker Road Merrygoen, NSW
2020-08-27 $23,000 32 Denman Street Merrygoen, NSW
2020-06-23 $85,000 7 Strickland Street Merrygoen, NSW
2020-03-06 $73,000 3 Strickland Street Merrygoen, NSW
2018-04-05 $10,000 30 Denman Street Merrygoen, NSW
2017-11-29 $30,000 2 Hakoni Road Merrygoen, NSW
2017-10-13 $650,000 150 Walker Road Merrygoen, NSW
2016-12-13 $790,000 657 Forans Road Merrygoen, NSW
2016-07-11 $19,500 14 Denman Street Merrygoen, NSW
2016-05-23 $88,000 53 Denman Street Merrygoen, NSW
2016-01-21 $850,000 1818 Dennykymine Road Merrygoen, NSW
2015-11-20 $27,000 32 Denman Street Merrygoen, NSW
2014-07-16 $650,420 415 Dennykymine Road Merrygoen, NSW
2011-07-26 $18,000 32 Denman Street Merrygoen, NSW
2011-02-23 $75,000 53 Denman Street Merrygoen, NSW
2008-05-14 $60,000 28 Denman Street Merrygoen, NSW
2007-08-16 $50,000 2 Denman Street Merrygoen, NSW
2007-05-18 $60,000 28 Denman Street Merrygoen, NSW
2005-07-18 $3,950 30 Denman Street Merrygoen, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Merrygoen a safe suburb?

Incidents Trend State Average

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Balmain East 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


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