Puddledock Real Estate, NSW, 2350 Armidale Regional

Thinking about buying in Puddledock? Now could not be a better time, with just 26 residential dwellings it's a highly sought after location.

Distance to the coast is 120 Km.

Puddledock Real Estate Market Outlook

In Puddledock 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 Puddledock 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 Puddledock 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 Puddledock 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

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Puddledock there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

04-05-2022 $1,700,000 1242 PUDDLEDOCK RD PUDDLEDOCK 2350
08-11-2019 $882,000 1519 PUDDLEDOCK RD PUDDLEDOCK 2350
23-11-2016 $850,000 947 PUDDLEDOCK RD PUDDLEDOCK 2350
01-07-2015 $735,034 1516 PUDDLEDOCK RD PUDDLEDOCK 2350
15-11-2013 $500,000 980 PUDDLEDOCK RD PUDDLEDOCK 2350
14-06-2013 $720,000 980 PUDDLEDOCK RD PUDDLEDOCK 2350
08-09-2011 $400,000 922 PUDDLEDOCK RD TILBUSTER 2350
11-02-2009 $800,000 1298 PUDDLEDOCK RD PUDDLEDOCK 2350
24-09-2007 $625,000 947 PUDDLEDOCK RD PUDDLEDOCK 2350
16-12-2005 $200,000 1174 PUDDLEDOCK RD PUDDLEDOCK 2350

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