Michelago NSW 2620: Property Market Report & Real Estate Insights
Part of Snowy Monaro Regional, NSW
Property Market
| Median Weekly Rent | $455.00 |
| Median Monthly Mortgage | $2213.00 |
| Median Persons Per Bedroom | 0.90 |
| Average Household Size | 3.00 |
| Average Age | 32.00 |
| Average Income | $1137.00 |
| Average Cars Per Dwelling | 1.85 |
| Average Properties Within 50M | 2 |
Typical House Prices
| 2 bed property | $604,000 |
| 3 bed property | $846,000 |
| 4 bed property | $1,275,000 |
| 5 bed property | $1,499,000 |
| 6 bed+ property | $1,771,000 |
Typical Homes & Property Types
Average Internet Speeds in Michelago
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Michelago Real Estate Market Outlook
Thinking about buying in Michelago? Now could not be a better time, with just 370 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $934,000 with prices in this suburb ranging from $31,000 to $2,977,000. The approximate distance to the coast is 76 Km.
Living in Michelago
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Michelago ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Michelago classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Michelago necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationMichelago, located in the Snowy Monaro Regional Council area in New South Wales, presents a unique and tranquil residential experience for those looking to escape the hustle and bustle of city life. The housing market in Michelago is characterized by a mix of rural properties and small, family-oriented homes. This area has seen a steady interest from individuals and families seeking a quieter lifestyle while still remaining within commuting distance of Canberra, which is about a 40-minute drive away. Michelago's real estate landscape is dynamic, reflecting a blend of established homes, large rural blocks, and opportunities for new developments. The property market has gained attention due to its affordability relative to the larger cities, offering a more spacious and serene living environment without exorbitant prices.
Living in Michelago is largely defined by its picturesque landscapes and strong sense of community. Residents enjoy the peaceful rural setting with panoramic views of rolling hills and open skies, making it ideal for outdoor enthusiasts who appreciate nature and tranquility. The village itself is small but fosters a welcoming atmosphere, often centered around community events and gatherings that bring locals together. Despite its rural feel, Michelago is conveniently connected to the local district and Canberra through well-maintained roads, allowing residents access to urban amenities while preserving their serene lifestyle. The blend of natural beauty, community spirit, and accessibility makes Michelago a compelling choice for those seeking a balanced and fulfilling way of life.
Houses for sale in Michelago
|
5 Mount View, Michelago, NSW, 2620 |  |
 |
 2 |
$499,000 |
Recently Sold Properties
| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2025-10-03 | $1,550,000 | 6415 Monaro Hwy | Michelago, NSW |
| 2025-09-30 | $1,280,000 | 6211 Monaro Hwy | Michelago, NSW |
| 2025-08-15 | $849,000 | 4 Mount View | Michelago, NSW |
| 2025-06-19 | $1,325,000 | 124 Karinya Plains Road | Michelago, NSW |
| 2025-04-11 | $460,000 | 5 Mount View | Michelago, NSW |
| 2025-01-28 | $610,000 | 155 Ryrie Hill Road | Michelago, NSW |
| 2024-12-13 | $880,000 | 19 Ryrie Street | Michelago, NSW |
| 2024-12-05 | $1,530,000 | 128 Karinya Plains Road | Michelago, NSW |
| 2024-12-03 | $343,500 | 3 Mount View | Michelago, NSW |
| 2024-12-02 | $730,000 | 33 Ryrie Street | Michelago, NSW |
| 2024-10-30 | $1,295,000 | 625 Tinderry Road | Michelago, NSW |
| 2024-10-18 | $610,000 | 466 Micalago Road | Michelago, NSW |
| 2024-07-31 | $1,075,000 | 13 Mount View | Michelago, NSW |
| 2024-07-05 | $900,000 | 41 Ryrie Street | Michelago, NSW |
| 2024-02-28 | $1,100,000 | 6215 Monaro Hwy | Michelago, NSW |
| 2023-12-20 | $1,100,000 | 114 Ryrie Street | Michelago, NSW |
| 2023-12-19 | $600,000 | 4871 Monaro Hwy | Michelago, NSW |
| 2023-02-23 | $167,500 | 6 Mount View | Michelago, NSW |
| 2023-02-01 | $1,680,000 | 58 Black Flat Road | Michelago, NSW |
| 2022-12-22 | $2,300,000 | 1 Ryrie Street | Michelago, NSW |
| 2022-07-20 | $1,657,000 | 34 Lawler Road | Michelago, NSW |
| 2022-07-15 | $1,615,000 | 202 Micalago Road | Michelago, NSW |
| 2022-07-08 | $1,070,000 | 338 Ryrie Hill Road | Michelago, NSW |
| 2022-04-29 | $1,280,000 | 62 Ryrie Street | Michelago, NSW |
| 2022-03-15 | $1,200,000 | 31 Ryrie Street | Michelago, NSW |
| 2021-10-25 | $350,000 | 9 Mount View | Michelago, NSW |
| 2021-10-18 | $750,000 | 175 Mount Livingstone Road | Michelago, NSW |
| 2021-10-05 | $905,758 | 51 Ryrie Street | Michelago, NSW |
| 2021-09-30 | $340,000 | 7 Mount View | Michelago, NSW |
| 2021-09-17 | $1,200,000 | 74 Lawler Road | Michelago, NSW |
| 2021-09-03 | $1,150,000 | 61 Karinya Plains Road | Michelago, NSW |
| 2021-08-31 | $335,000 | 6 Mount View | Michelago, NSW |
| 2021-08-24 | $1,420,000 | 229 Mount Livingstone Road | Michelago, NSW |
| 2021-08-16 | $980,000 | 350 Ryrie Hill Road | Michelago, NSW |
| 2021-07-27 | $535,000 | 364 Micalago Road | Michelago, NSW |
| 2021-06-21 | $1,050,000 | 43 Micalago Road | Michelago, NSW |
| 2021-06-15 | $1,135,000 | 87 Ryrie Hill Road | Michelago, NSW |
| 2021-05-21 | $400,000 | 42 Bendemeer Lane | Michelago, NSW |
| 2021-02-19 | $220,000 | 3 Mount View | Michelago, NSW |
| 2021-02-03 | $320,000 | 306 Micalago Road | Michelago, NSW |
| 2021-02-01 | $490,000 | 30 Kelly Road | Michelago, NSW |
| 2021-01-13 | $740,000 | 39 Mount Livingstone Road | Michelago, NSW |
| 2020-11-11 | $900,000 | 162 Jinjera Road | Michelago, NSW |
| 2020-11-09 | $890,000 | 468 Micalago Road | Michelago, NSW |
| 2020-10-02 | $623,000 | 67 Ryrie Street | Michelago, NSW |
| 2020-10-01 | $860,000 | 430 Micalago Road | Michelago, NSW |
| 2020-09-25 | $430,000 | 38 Bendemeer Lane | Michelago, NSW |
| 2020-09-16 | $115,000 | 49 Baroona Road | Michelago, NSW |
| 2020-09-14 | $780,000 | 43 Ryrie Street | Michelago, NSW |
| 2020-08-21 | $200,000 | 5080 Monaro Hwy | Michelago, NSW |
Local Schools
Is Michelago 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
| Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
| Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
| Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
| May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
| Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
| Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
| Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
| Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
| Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
| Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
| Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
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