Mogareeka Real Estate, NSW, 2550 Bega Valley

Thinking about buying in Mogareeka? Now could not be a better time, with just 53 residential dwellings it's a highly sought after location.

The average property price for this area is $1,604,000 with prices in this suburb ranging from $1,604,000 to $1,604,000.

Distance to the coast is 0 Km.

Mogareeka Real Estate Market Outlook

In Mogareeka 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 Mogareeka 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 Mogareeka 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 Mogareeka 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.

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Local Schools


None within suburb boundary

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

Local Crime Stats


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.917.022.664.5908.121.9
Feb2.617.022.565.890.97.518.4
Mar2.815.821.661.189.27.515.7
Apr2.214.020.258.588.66.612.8
May2.511.317.457.488.87.09.6
Jun3.39.715.55988.96.77.7
Jul1.78.815.054.287.66.58.5
Aug2.18.915.750.987.6711
Sept2.110.517.156.189.3814.9
Oct2.411.417.956.589.28.119.3
Nov2.213.819.760.889.38.323.3
Dec2.015.121.061.088.48.425.1

source: Australian Government Bureau of Meteorology

Recently Sold

16-03-2022 $2,200,000 407 TATHRA BERMAGUI RD MOGAREEKA 2550
26-02-2021 $1,410,000 9 BAY DR MOGAREEKA 2550
02-09-2020 $754,000 13 BAY DR MOGAREEKA 2550
07-11-2019 $772,000 43 BAY DR MOGAREEKA 2550
07-12-2018 $650,000 41 BAY DR MOGAREEKA 2550
22-06-2018 $350,000 5 MOGAREEKA AVE MOGAREEKA 2550
19-01-2018 $903,000 29 MOGAREEKA AVE MOGAREEKA 2550
12-05-2017 $725,000 401 TATHRA BERMAGUI RD MOGAREEKA 2550
27-11-2013 $413,000 7 MOGAREEKA AVE MOGAREEKA 2550
20-05-2013 $460,000 41 BAY DR MOGAREEKA 2550
31-05-2012 $600,000 3 BAY DR MOGAREEKA 2550
28-04-2010 $495,000 23 MOGAREEKA AVE MOGAREEKA 2550
20-04-2010 $100 3 MOGAREEKA AVE MOGAREEKA 2550
01-07-2008 $850,000 436 TATHRA-BERMAGUI RD MOGAREEKA 2550
26-03-2007 $640,000 9 BAY DR MOGAREEKA 2550
24-11-2006 $670,000 29 MOGAREEKA AVE MOGAREEKA 2550
23-06-2006 $600,000 19 BAY DR MOGAREEKA 2550
14-03-2006 $5,818 11 MOGAREEKA AVE MOGAREEKA 2550
14-03-2006 $1,275 15 MOGAREEKA AVE MOGAREEKA 2550
14-03-2006 $1,275 13 MOGAREEKA AVE MOGAREEKA 2550

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