Milroy Real Estate, NSW, 2380 Gunnedah

Thinking about buying in Milroy? Now could not be a better time, with just 69 residential dwellings it's a highly sought after location.

Distance to the coast is 239 Km.

Milroy Real Estate Market Outlook

In Milroy 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 Milroy 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 Milroy 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 Milroy 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 Milroy 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
Jan1.916.532.134.490.24.325.4
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

Recently Sold Properties / House Prices

01-07-2022 $1,125,000 9897 OXLEY HWY MILROY 2380
01-11-2021 $250,000 428 BEESON RD MILROY 2380
23-07-2021 $2,300,000 342 BEESON RD MILROY 2380
30-04-2021 $2,463,500 9961 OXLEY HWY MILROY 2380
15-07-2020 $795,000 9849 OXLEY HWY MILROY 2380
14-08-2019 $450,000 428 BEESON RD MILROY 2380
29-04-2019 $450,000 9739 OXLEY HWY MILROY 2380
12-03-2019 $435,000 2150 WANDOBAH RD MILROY 2380
23-11-2018 $350,000 182 BEESON RD MILROY 2380
23-11-2018 $350,000 226 BEESON RD MILROY 2380
22-05-2018 $5,800,000 314 PINE CLIFF RD MILROY 2380
22-05-2018 $5,800,000 2805 WANDOBAH RD MILROY 2380
20-11-2017 $360,000 256 BEESON RD MILROY 2380
20-11-2017 $360,000 288 BEESON RD MILROY 2380
15-09-2017 $930,000 2740 WANDOBAH RD MILROY 2380
01-09-2017 $360,000 9739 OXLEY HWY MILROY 2380
28-06-2017 $2,300,000 1039 PINE CLIFF RD MILROY 2380
23-09-2016 $245,000 140 BEESON RD MILROY 2380
16-08-2016 $360,000 78 WATERHOUSE MILROY 2380
10-06-2015 $500,000 556 GOSCOMB RD MILROY 2380
17-09-2014 $570,000 556 GOSCOMB RD MILROY 2380
20-12-2013 $2,800,000 218 NOWLAND RD MILROY 2380
17-12-2013 $460,000 2234 WANDOBAH RD MILROY 2380
23-07-2012 $5,500,000 585 PINE CLIFF RD MILROY 2380
23-07-2012 $2,500,000 475 PINE CLIFF RD MILROY 2380
19-08-2011 $1,456,045 532 BASIN PLAIN RD MILROY 2380
05-03-2006 $32,238 3214 WANDOBAH ROAD MILROY 2380

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