Part of Snowy Valleys, NSW
| 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 |
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Thinking about buying in Paddys River? Now could not be a better time, with just 22 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,313,000 with prices in this suburb ranging from $87,000 to $1,695,000. The approximate distance to the coast is 174 Km.
In Paddys River 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 Paddys River 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 Paddys River 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 Paddys River 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.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2024-02-29 | $557,500 | 1844 Tooma Road | Paddys River, NSW |
| 2022-07-13 | $940,000 | 381 Elliott Way | Paddys River, NSW |
| 2022-02-17 | $350,000 | 57 Paddys Flats Trk | Paddys River, NSW |
| 2018-10-04 | $325,000 | 285 Elliott Way | Paddys River, NSW |
| 2018-09-14 | $210,000 | 155 Elliott Way | Paddys River, NSW |
| 2017-02-20 | $375,000 | 135 Elliott Way | Paddys River, NSW |
| 2016-05-05 | $190,000 | 715 Elliott Way | Paddys River, NSW |
| 2015-03-13 | $30,000 | 1 Elliott Way | Paddys River, NSW |
| 2014-11-05 | $345,000 | 135 Elliott Way | Paddys River, NSW |
| 2012-08-08 | $74,500 | 5 Allawah Road | Paddys River, NSW |
| 2010-10-27 | $343,000 | 135 Elliott Way | Paddys River, NSW |
| 2009-12-10 | $300,000 | 561 Elliott Way | Paddys River, NSW |
| 2007-11-01 | $300,000 | 285 Elliott Way | Paddys River, NSW |
| 2005-08-05 | $210,000 | 57 Paddys River Flat | Paddys River, NSW |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.4 | 15.1 | 27.1 | 31.8 | 76.2 | 2.0 | 26.3 |
| Feb | 3.4 | 14.0 | 25.2 | 40.4 | 79.5 | 1.7 | 21.9 |
| Mar | 3.6 | 11.8 | 21.7 | 47.4 | 82.9 | 1.7 | 17.3 |
| Apr | 3.1 | 8.7 | 16.6 | 55.6 | 85.7 | 1.7 | 13.3 |
| May | 3.5 | 5.3 | 11.8 | 66.1 | 90.3 | 1.7 | 9.4 |
| Jun | 4.6 | 3.2 | 8.6 | 75.9 | 96.3 | 1.7 | 7.3 |
| Jul | 5.2 | 2.1 | 7.5 | 78.0 | 98.3 | 1.9 | 7.5 |
| Aug | 3.9 | 2.2 | 8.6 | 68.3 | 96.8 | 2.0 | 10.2 |
| Sept | 3.3 | 4.6 | 12.7 | 56.4 | 93.2 | 2.1 | 15 |
| Oct | 2.8 | 8.2 | 17.8 | 46.9 | 87.5 | 2.0 | 20.6 |
| Nov | 3.3 | 10.6 | 20.7 | 42.2 | 83.9 | 2.1 | 24.7 |
| Dec | 3.3 | 12.4 | 23.3 | 37.9 | 81.7 | 2.1 | 26.5 |
source: Australian Government Bureau of Meteorology
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