Molong Real Estate, NSW, 2866 Cabonne

Thinking about buying in Molong? Now could not be a better time, with a whopping 1527 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $604,000 with prices in this suburb ranging from $119,000 to $2,430,000.

Distance to the coast is 210 Km.

Molong Real Estate Market Outlook

In Molong 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Molong due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Molong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Molong we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Molong a better buying opportunity than it may have been in the past.

About

Properties For Sale

McGrath 20 FOYS DR, MOLONG, NSW, 2866 $379,000
McGrath 129 KING ST, MOLONG, NSW, 2866 3 2 2 Price on request
McGrath HAVILAH, 421 PEABODY RD, MOLONG, NSW, 2866 Auction
One Agency 21-23 BANK ST, MOLONG, NSW, 2866 0 $340,000
One Agency 2 MCARDLE ST, MOLONG, NSW, 2866 0 0 0 $129,000

Local Schools


Molong Central School

St Joseph's Catholic Primary School

(While the above schools are located with the suburb of Molong 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
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

09-06-2022 $600,000 30 RIDDELL ST MOLONG 2866
09-06-2022 $680,000 75 SOUTH ST MOLONG 2866
08-06-2022 $430,000 25 RIDDELL ST MOLONG 2866
03-06-2022 $772,000 280 SANDY CREEK RD MOLONG 2866
20-05-2022 $700,000 88 GIDLEY ST MOLONG 2866
17-05-2022 $350,000 12 HILL ST MOLONG 2866
06-05-2022 $378,000 17 EDWARD ST MOLONG 2866
05-05-2022 $287,000 22 HILL ST MOLONG 2866
02-05-2022 $404,250 12 BANK ST MOLONG 2866
29-04-2022 $675,000 2342 BELGRAVIA RD MOLONG 2866
13-04-2022 $500,000 3878 MITCHELL HWY MOLONG 2866
08-04-2022 $250,000 21 KING ST MOLONG 2866
01-04-2022 $445,000 124 BANK ST MOLONG 2866
22-03-2022 $400,000 55 RIDDELL ST MOLONG 2866
21-03-2022 $149,000 24 BANK ST MOLONG 2866
08-03-2022 $350,000 49 RIDDELL ST MOLONG 2866
08-03-2022 $720,000 70 GIDLEY ST MOLONG 2866
02-03-2022 $210,000 11 EDWARD ST MOLONG 2866
25-02-2022 $150,000 53 RIDDELL ST MOLONG 2866
22-02-2022 $247,500 68 MOLONG ST MOLONG 2866
17-02-2022 $650,000 207 BANJO PATERSON WAY MOLONG 2866
11-02-2022 $442,000 68 BANK ST MOLONG 2866
28-01-2022 $400,000 51 HILL ST MOLONG 2866
25-01-2022 $300,000 38 PARK ST MOLONG 2866
25-01-2022 $1,400,000 81 STAPLETONS RD MOLONG 2866
20-01-2022 $330,000 20 FOYS DR MOLONG 2866
20-01-2022 $430,000 13 MOLONG ST MOLONG 2866
17-01-2022 $885,000 106 SPEEDY ST MOLONG 2866
14-01-2022 $440,000 54 BANK ST MOLONG 2866
21-12-2021 $303,000 27 RIDDELL ST MOLONG 2866
17-12-2021 $470,000 100 BANK ST MOLONG 2866
15-12-2021 $610,000 47 PHILLIP ST MOLONG 2866
13-12-2021 $253,333 18 LEE ST MOLONG 2866
08-12-2021 $485,000 112 SANDY CREEK RD MOLONG 2866
30-11-2021 $300,000 67 MOLONG ST MOLONG 2866
26-11-2021 $602,500 20 STUART ST MOLONG 2866
26-11-2021 $400,000 4 BUNDELLA CL MOLONG 2866
19-11-2021 $87,500 5 GEORGE ST MOLONG 2866
09-11-2021 $350,000 42 HILL ST MOLONG 2866
05-11-2021 $290,000 30 LEE ST MOLONG 2866
21-10-2021 $650,000 9 MCARDLE ST MOLONG 2866
20-10-2021 $935,000 76 SOUTH ST MOLONG 2866
20-10-2021 $655,000 4 GEORGE ST MOLONG 2866
20-10-2021 $1,175,000 323 PEABODY RD MOLONG 2866
20-10-2021 $935,000 76 SOUTH ST MOLONG 2866
20-10-2021 $655,000 4 GEORGE ST MOLONG 2866
20-10-2021 $1,175,000 323 PEABODY RD MOLONG 2866
30-09-2021 $425,000 28 WELLINGTON ST MOLONG 2866
29-09-2021 $525,000 79 EDWARD ST MOLONG 2866
17-09-2021 $690,000 323 GARRA RD MOLONG 2866

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