Tilbuster Real Estate, NSW, 2350 Armidale Regional

Thinking about buying in Tilbuster? Now could not be a better time, with just 83 residential dwellings it's a highly sought after location.

Distance to the coast is 124 Km.

Tilbuster Real Estate Market Outlook

In Tilbuster 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 Tilbuster 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 Tilbuster 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 Tilbuster 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 Tilbuster 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

07-09-2018 $850,000 145 SUNNYSIDE RD TILBUSTER 2350
26-08-2016 $930,000 11630 NEW ENGLAND HWY TILBUSTER 2350
22-12-2015 $425,000 782 PUDDLEDOCK RD TILBUSTER 2350
12-05-2015 $1,200,000 11623 NEW ENGLAND HWY TILBUSTER 2350
20-04-2014 $1,190,000 408 PUDDLEDOCK RD TILBUSTER 2350
02-05-2011 $700,000 552 PUDDLEDOCK RD TILBUSTER 2350
13-12-2010 $840,000 518 PUDDLEDOCK RD TILBUSTER 2350
03-07-2007 $500,000 666 PUDDLEDOCK RD TILBUSTER 2350
15-05-2006 $455,000 578 PUDDLEDOCK RD TILBUSTER 2350

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