Merungle Hill Real Estate, NSW, 2705 Leeton

Thinking about buying in Merungle Hill? Now could not be a better time, with just 216 residential dwellings it's a highly sought after location.

Distance to the coast is 356 Km.

Merungle Hill Real Estate Market Outlook

In Merungle Hill 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 Merungle Hill 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 Merungle Hill 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 Merungle Hill 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

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Merungle Hill 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
Jan1.119.034.620.066.04.328.2
Feb1.418.632.626.770.34.024.1
Mar2.515.728.833.779.33.619.4
Apr1.111.624.336.783.43.015
May0.77.218.946.591.23.011.3
Jun1.45.415.259.496.62.99.0
Jul1.15.014.657.494.33.19.4
Aug1.25.216.248.793.23.312.3
Sept0.47.020.834.283.13.817.8
Oct1.310.824.931.582.63.821.7
Nov1.214.329.124.677.43.926.0
Dec1.616.931.522.671.14.228.8

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

10-06-2022 $800,000 75 MCKAY RD MERUNGLE HILL 2705
25-05-2022 $175,000 379 STRINGER RD CORBIE HILL 2705
10-12-2021 $200,000 412 MERUNGLE HILL RD MERUNGLE HILL 2705
24-11-2021 $730,000 347 REGULATOR RD MERUNGLE HILL 2705
09-08-2021 $550,000 84 TABAIN RD MERUNGLE HILL 2705
24-05-2021 $90,000 9 QUALITARY RD MERUNGLE HILL 2705
13-04-2021 $145,000 3 QUALITARY RD MERUNGLE HILL 2705
17-02-2021 $215,000 183 MERUNGLE HILL RD MERUNGLE HILL 2705
29-01-2021 $645,000 94 DUFFY RD MERUNGLE HILL 2705
01-10-2020 $428,000 41 DEVERIL RD MERUNGLE HILL 2705
18-09-2020 $135,000 381 STRINGER RD CORBIE HILL 2705
08-09-2020 $127,000 4 QUALITARY RD MERUNGLE HILL 2705
28-08-2020 $79,500 13 TABAIN RD MERUNGLE HILL 2705
24-07-2020 $430,000 409 STRINGER RD MERUNGLE HILL 2705
03-02-2020 $345,000 193 CANAL RD MERUNGLE HILL 2705
09-10-2019 $87,500 3 QUALITARY RD MERUNGLE HILL 2705
30-08-2019 $315,000 99 DEVERIL RD MERUNGLE HILL 2705
08-08-2019 $295,500 11 QUALITARY RD MERUNGLE HILL 2705
26-06-2019 $312,000 91 DEVERIL RD MERUNGLE HILL 2705
22-05-2019 $230,000 414 STRINGER RD MERUNGLE HILL 2705
10-05-2019 $545,000 125 CANAL RD MERUNGLE HILL 2705
04-02-2019 $235,000 219 STRINGER RD MERUNGLE HILL 2705
18-01-2019 $580,000 374 STRINGER RD CORBIE HILL 2705
07-12-2018 $224,400 672 MERUNGLE HILL RD MERUNGLE HILL 2705
24-08-2018 $290,000 299 MERUNGLE HILL RD LEETON 2705
26-04-2018 $90,000 12 QUALITARY RD MERUNGLE HILL 2705
22-02-2018 $340,000 84 TABAIN RD MERUNGLE HILL 2705
31-01-2018 $385,000 274 TABAIN RD MERUNGLE HILL 2705
30-06-2017 $500,000 291 STRINGER RD CORBIE HILL 2705
26-05-2017 $397,000 409 STRINGER RD MERUNGLE HILL 2705
25-05-2017 $87,500 476 STRINGER RD MERUNGLE HILL 2705
22-03-2017 $430,000 441 MERUNGLE HILL RD MERUNGLE HILL 2705
17-01-2017 $385,000 8 DEVERIL RD MERUNGLE HILL 2705
21-12-2016 $275,000 397 STRINGER RD MERUNGLE HILL 2705
14-12-2016 $325,000 17 LEWIS RD MERUNGLE HILL 2705
19-08-2016 $190,000 2 QUALITARY RD MERUNGLE HILL 2705
15-08-2016 $242,500 304 TABAIN RD MERUNGLE HILL 2705
22-07-2016 $85,000 41 DEVERIL RD MERUNGLE HILL 2705
03-06-2016 $78,000 12 QUALITARY RD MERUNGLE HILL 2705
22-12-2015 $248,000 91 DEVERIL RD MERUNGLE HILL 2705
04-11-2015 $303,000 290 TABAIN RD MERUNGLE HILL 2705
22-10-2015 $77,500 3 QUALITARY RD MERUNGLE HILL 2705
10-07-2015 $72,000 12 QUALITARY RD MERUNGLE HILL 2705
29-06-2015 $180,000 110 DEVERIL RD MERUNGLE HILL 2705
27-04-2015 $264,000 92 DUFFY RD MERUNGLE HILL 2705
20-03-2015 $230,000 397 STRINGER RD MERUNGLE HILL 2705
03-12-2014 $77,000 6 QUALITARY RD MERUNGLE HILL 2705
05-09-2014 $72,000 4 QUALITARY RD MERUNGLE HILL 2705
06-05-2014 $358,000 84 TABAIN RD MERUNGLE HILL 2705
28-02-2014 $71,500 11 QUALITARY RD MERUNGLE HILL 2705

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