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Myrtle Mountain
NSW, 2550 - Bega Valley

Thinking about buying in Myrtle Mountain? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $606,000 with prices in this suburb ranging from $162,000 to $931,000. The aproximate distance to the coast is 15 Km.

Household Makeup

Median Weekly Rent $228.75
Median Monthly Mortgage $1322.25
Median Persons Per Bedroom 0.83
Average Household Size 2.50
Average Age 53.00
Average Income $589.25
Average Cars Per Dwelling 2.15
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $606,000
3 Bed  $807,000
4 Bed  $755,000

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.

Houses for sale Myrtle Mountain

Elders 287 MOREINGS RD, MYRTLE MOUNTAIN, NSW, 2550 Beds3 Bathrooms2 Parking 4

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

We are currently collecting information for this location.

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

15-12-2023 $1,600,000 287 MOREINGS RD
14-07-2022 $943,000 1045 MYRTLE MOUNTAIN RD
17-12-2021 $680,000 1240 MYRTLE MOUNTAIN RD
22-11-2021 $1,000,000 434 ATKINS ANDERSON RD
01-10-2021 $700,000 1236 MYRTLE MOUNTAIN RD
19-03-2021 $610,000 1236 MYRTLE MOUNTAIN RD
12-11-2020 $549,000 32 MYRTLE RD
31-07-2018 $520,000 133 RADIUM RIDGE RD
29-06-2018 $117,000 220 MOREINGS RD
21-11-2016 $425,000 1372 MYRTLE MOUNTAIN RD
22-07-2016 $375,000 34 RAMSEYS RD
28-02-2014 $382,000 133 RADIUM RIDGE RD
25-11-2011 $550,000 1234 MYRTLE MOUNTAIN RD
30-04-2008 $345,000 147 RADIUM RIDGE RD
07-03-2008 $399,000 96 RADIUM RIDGE RD
12-04-2007 $180,000 1251 MYRTLE MOUNTAIN RD
23-02-2007 $238,000 1328 MYRTLE MOUNTAIN RD
29-06-2006 $325,000 300 SHEEHAN S RD
02-12-2005 $412,000 39 RADIUM RIDGE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Devils HoleSouth WolumlaCandeloWyndhamToothdaleMount DarraghWolumlaYellow PinchLochielKanoona


General Points of Interest

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