Real Estate Newrybar, NSW, 2479 Ballina
Thinking about buying in Newrybar? Now could not be a better time, with just 287 residential dwellings it's a highly sought after location.
The average property price for this area is $3,291,000 with prices in this suburb ranging from $931,000 to $6,480,000.
Distance to the coast is 3 Km.Newrybar Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Newrybar 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. A mix of professions and above average income earners in Newrybar provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Newrybar to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Newrybar 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 Newrybar a better buying opportunity than it may have been in the past.
About
Household makeup
| Median Weekly Rent | $530.00 |
| Median Monthly Mortgage | $2600.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 43.00 |
| Average Income | $1052.00 |
| Average Cars Per Dwelling | 2.94 |
| Average Properties Within 50M | 3.00 |
Typical Property Prices
| 4 Bed | $3,400,000 |
| 6 Bed + | $13,500,000 |
Housing Stock
Houses for sale Newrybar
|
14 BROOKLET RD, NEWRYBAR, NSW, 2479 | 5 | 3 | 4 | AUCTION GUIDE $1.7m - $1.85m |
Local Schools
Newrybar Public School
(While the above schools are located with the suburb of Newrybar there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Newrybar 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
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