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Reedy Swamp
NSW, 2550 - Bega Valley

Thinking about buying in Reedy Swamp? Now could not be a better time, with just 41 residential dwellings it's a highly sought after location.

The average property price for this area is $1,161,000 with prices in this suburb ranging from $500,000 to $1,290,000.

Distance to the coast is 4 Km.

Household Makeup

Median Weekly Rent $330.00
Median Monthly Mortgage $1890.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 42.00
Average Income $990.00
Average Cars Per Dwelling 2.81
Average Properties Within 50M 1

Average Property Prices

2 Bed $669,000
3 Bed $937,000
4 Bed $1,289,000
6 Bed+$500,000

Reedy Swamp Real Estate Market Outlook

In Reedy Swamp 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 Reedy Swamp 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 Reedy Swamp 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 Reedy Swamp 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.

Housing Stock

Houses for sale Reedy Swamp

Elders 866 REEDY SWAMP RD, REEDY SWAMP, NSW, 2550 Beds Bathrooms $1,280,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Reedy Swamp 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.

Reedy Swamp 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

10-01-2022 $2,900,000 65 EMMA RD
14-12-2021 $780,000 40 VIMY RIDGE RD
17-12-2020 $550,000 355 REEDY SWAMP RD
02-11-2020 $112,857 360 REEDY SWAMP RD
20-01-2020 $560,000 587 REEDY SWAMP RD
30-07-2018 $450,000 631 REEDY SWAMP RD
02-05-2016 $350,000 556 REEDY SWAMP RD
01-09-2015 $425,000 313 REEDY SWAMP RD
24-06-2015 $180,000 383 REEDY SWAMP RD
05-03-2014 $1,100,000 65 EMMA RD
05-11-2013 $335,000 40 VIMY RIDGE RD
04-10-2013 $315,000 425 REEDY SWAMP RD
28-11-2012 $302,500 631 REEDY SWAMP RD
17-04-2009 $325,000 580 REEDY SWAMP RD
17-12-2007 $355,000 19 EMMA RD
07-08-2007 $475,000 329 REEDY SWAMP RD
05-09-2006 $352,500 315 REEDY SWAMP RD
09-12-2005 $440,000 359 REEDY SWAMP RD
14-04-2005 $260,000 313 REEDY SWAMP RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ChinnockJellat JellatDoctor George MountainKalaruTarragandaBegaNelsonBlack RangeMogareekaTathra


General Points of Interest

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