Thinking about buying in Nerong? Now could not be a better time, with just 186 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $637,000 with prices in this suburb ranging from $93,000 to $23,630,000. Nerong is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Nerong Real Estate Market Outlook

In Nerong 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 Nerong 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 Nerong 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 Nerong 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.

Properties for sale Nerong

8832 PACIFIC HWY, NERONG, NSW, 2423

Auction - Guide on Request

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Recently Sold Properties / House Prices

04-09-2023	$180,000	3 CURLEW CRES
28-02-2023	$152,581	9 CURLEW CRES
28-02-2023	$130,000	8 WHIMBREL DR
28-02-2023	$152,581	9 CURLEW CRES
28-02-2023	$130,000	8 WHIMBREL DR
13-01-2023	$170,000	27 CURLEW CRES
16-12-2022	$450,000	12 HERON ST
02-11-2022	$435,000	26 WHIMBREL DR
27-09-2022	$215,000	17 WHIMBREL DR
26-07-2022	$145,000	41 CURLEW CRES
17-05-2022	$128,000	55 CURLEW CRES
11-05-2022	$390,000	15 WHIMBREL DR
11-04-2022	$715,000	51 WHIMBREL DR
28-02-2022	$630,000	4 SPOONBILL CL
03-12-2021	$125,000	27 CURLEW CRES
21-10-2021	$500,000	6 SPOONBILL CL
28-09-2021	$630,000	66 WHIMBREL DR
06-08-2021	$425,000	13 CURLEW CRES
11-05-2021	$110,000	59 CURLEW CRES
06-04-2021	$330,000	19 CURLEW CRES
30-03-2021	$820,000	13 HERON ST
23-12-2020	$105,000	49 WHIMBREL DR
13-11-2020	$95,000	36 CURLEW CRES
03-11-2020	$407,000	8 HERON ST
20-08-2020	$340,000	55 WHIMBREL DR
04-06-2020	$450,000	65 WHIMBREL DR
04-05-2020	$1,170	11 SPOONBILL CL
09-04-2020	$230,000	9 HERON ST
18-10-2019	$300,000	14 WHIMBREL DR
20-09-2019	$65,000	49 CURLEW CRES
17-04-2019	$340,000	22 REDBILL RD
12-04-2019	$250,000	21 CURLEW CRES
22-03-2019	$362,500	43 WHIMBREL DR
14-03-2019	$72,500	61 CURLEW CRES
28-02-2019	$76,500	55 CURLEW CRES
21-12-2018	$113,000	8 WHIMBREL DR
10-12-2018	$79,000	41 CURLEW CRES
17-10-2018	$320,000	55 WHIMBREL DR
30-07-2018	$85,000	36 CURLEW CRES
22-05-2018	$73,000	45 CURLEW CRES
17-04-2018	$73,000	11 CURLEW CRES
11-04-2018	$545,000	8 REDBILL RD
05-04-2018	$80,000	30 CURLEW CRES
26-03-2018	$90,000	8 WHIMBREL DR
24-01-2018	$590,000	15 HERON ST
17-01-2018	$320,000	4 TEAL CL
01-11-2017	$385,000	12 HERON ST
20-10-2017	$340,000	24 REDBILL RD
06-10-2017	$280,000	6 TEAL CL
14-09-2017	$265,000	5 PLOVER PL

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Internet Speed

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Nearby Suburbs

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