Real Estate Myrtle Mountain, NSW, 2550 Bega Valley

Thinking about buying in Myrtle Mountain? Now could not be a better time, with just 48 residential dwellings it's a highly sought after location.

Distance to the coast is 17 Km.

Instant Valuation

Myrtle Mountain Real Estate Market Outlook

In Myrtle Mountain 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 Myrtle Mountain 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 Myrtle Mountain 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 Myrtle Mountain 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 Myrtle Mountain there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Myrtle Mountain 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
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 Properties / House Prices

14-07-2022 $943,000 1045 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
17-12-2021 $680,000 1240 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
22-11-2021 $1,000,000 434 ATKINS ANDERSON RD MYRTLE MOUNTAIN 2550
01-10-2021 $700,000 1236 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
19-03-2021 $610,000 1236 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
12-11-2020 $549,000 32 MYRTLE RD MYRTLE MOUNTAIN 2550
31-07-2018 $520,000 133 RADIUM RIDGE RD MYRTLE MOUNTAIN 2550
29-06-2018 $117,000 220 MOREINGS RD MYRTLE MOUNTAIN 2550
21-11-2016 $425,000 1372 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
22-07-2016 $375,000 34 RAMSEYS RD MYRTLE MOUNTAIN 2550
28-02-2014 $382,000 133 RADIUM RIDGE RD MYRTLE MOUNTAIN 2550
25-11-2011 $550,000 1234 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
30-04-2008 $345,000 147 RADIUM RIDGE RD MYRTLE MOUNTAIN 2550
07-03-2008 $399,000 96 RADIUM RIDGE RD MYRTLE MOUNTAIN 2550
12-04-2007 $180,000 1251 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
23-02-2007 $238,000 1328 MYRTLE MOUNTAIN RD MYRTLE MOUNTAIN 2550
29-06-2006 $325,000 300 SHEEHAN S RD CANDELO 2550
02-12-2005 $412,000 39 RADIUM RIDGE RD MYRTLE MOUNTAIN 2550

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Nearby Suburbs

Devils HoleSouth WolumlaCandeloWyndhamToothdaleMount DarraghWolumlaYellow PinchLochielKanoona


General Points of Interest

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