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Rennie
NSW, 2646 - Federation

Thinking about buying in Rennie? Now could not be a better time, with just 46 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,770,000 with prices in this suburb ranging from $79,000 to $3,706,000. The aproximate distance to the coast is 239 Km.

Household Makeup

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

Housing Stock

Average Property Prices

Rennie Real Estate Market Outlook

In Rennie 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 Rennie 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 Rennie 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 Rennie 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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Rennie 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.

Rennie 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
Jan1.31633.521.775.94.227.4
Feb2.11631.728.081.33.623.4
Mar1.313.328.032.083.83.519.1
Apr1.39.723.240.390.03.014.4
May1.06.018.053.295.82.810.4
Jun1.23.714.266.496.72.68.3
Jul1.53.813.866.997.63.08.7
Aug1.33.515.257.095.63.011.8
Sept1.45.118.946.495.63.416.3
Oct1.07.624.13492.83.521.5
Nov1.411.328.026.887.43.925.0
Dec1.814.231.322.479.34.028.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

21-03-2024 $220,000 1988 BULL PLAIN RD
02-10-2023 $150,000 1994 BULL PLAIN RD
17-10-2022 $100,000 124 WATERBAG LANE
16-06-2022 $3,650,000 1087 PATTERSONS RD
18-06-2021 $45,000 124 WATERBAG LANE
31-07-2019 $25,000 124 WATERBAG LANE
08-04-2019 $240,000 13 WATERBAG LANE
17-12-2018 $1,750,000 200 PINEOAK RD
02-03-2015 $1,213,388 591 WARRAGOON SIDING RD
03-09-2014 $192,000 1988 BULL PLAIN RD
02-07-2014 $990,150 618 BOAT ROCK RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

RingwoodSavernakeMulwalaSangerLowesdaleCollendinaCoreenRedlandsBathumiBundalong


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