Real Estate Millah Murrah, NSW, 2795 Bathurst Regional

Thinking about buying in Millah Murrah? Now could not be a better time, with just 13 residential dwellings it's a highly sought after location.

Distance to the coast is 149 Km.

Instant Valuation

Millah Murrah Real Estate Market Outlook

In Millah Murrah 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 Millah Murrah 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. The slightly lower than average earnings from occupations in Millah Murrah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Millah Murrah 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

Household makeup

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 1.00

Housing Stock


Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Millah Murrah 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
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

09-10-2018 $600,000 1625 TURONDALE RD MILLAH MURRAH 2795
30-05-2014 $400,000 1625 TURONDALE RD MILLAH MURRAH 2795
26-04-2013 $490,000 1540 TURONDALE RD MILLAH MURRAH 2795

Internet Speed

Satellite


Nearby Suburbs

WiagdonTurondaleWattle FlatDuramanaPaling YardsPeelBruinbunLimekilnsSofalaUpper Turon


General Points of Interest

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