Real Estate Wallaga Lake, NSW, 2546 Bega Valley

Thinking about buying in Wallaga Lake? Now could not be a better time, with a whopping 586 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $566,000 with prices in this suburb ranging from $238,000 to $1,389,000.

Distance to the coast is 0 Km.

Instant Valuation

Wallaga Lake Real Estate Market Outlook

In Wallaga Lake 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 Wallaga Lake 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 Wallaga Lake 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 Wallaga Lake 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

Household makeup

Median Weekly Rent $162.50
Median Monthly Mortgage $585.00
Median Persons Per Bedroom 0.35
Average Household Size 1.00
Average Age 52.00
Average Income $704.00
Average Cars Per Dwelling 2.65
Average Properties Within 50M 13.00

Typical Property Prices

4 Bed$967,000

Housing Stock

Houses for sale Wallaga Lake

LJ Hooker 30 LAKE VIEW DR, WALLAGA LAKE, NSW, 2546 4 3 2 $1,950,000 - $2,100,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Wallaga Lake 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

08-09-2022 $810,000 57 O CONNELLS POINT RD WALLAGA LAKE 2546
27-07-2022 $2,600,000 43 LAKE VIEW DR WALLAGA LAKE 2546
29-06-2022 $1,200,000 116 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
23-05-2022 $920,000 37 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
04-04-2022 $231,000 52 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
29-03-2022 $985,000 35 ENDEAVOUR DR WALLAGA LAKE 2546
21-03-2022 $830,000 39 WALLAGA LAKE RD WALLAGA LAKE 2546
11-02-2022 $660,000 47 BEAUTY POINT RD WALLAGA LAKE 2546
11-02-2022 $1,550,000 13 BELLBROOK CRES WALLAGA LAKE 2546
31-01-2022 $710,000 5 BEAUTY POINT RD WALLAGA LAKE 2546
25-11-2021 $387,500 7 WALLAGA LAKE RD WALLAGA LAKE 2546
26-10-2021 $319,000 25 BEAUTY POINT RD WALLAGA LAKE 2546
24-09-2021 $930,000 77 O CONNELLS POINT RD WALLAGA LAKE 2546
02-09-2021 $1,015,000 45 WALLAGA LAKE RD WALLAGA LAKE 2546
28-06-2021 $450,000 27 ENDEAVOUR DR WALLAGA LAKE 2546
31-05-2021 $750,000 627 WALLAGA LAKE RD WALLAGA LAKE 2546
31-05-2021 $968,000 26 ENDEAVOUR DR WALLAGA LAKE 2546
31-05-2021 $750,000 627 WALLAGA LAKE RD WALLAGA LAKE 2546
31-05-2021 $968,000 26 ENDEAVOUR DR WALLAGA LAKE 2546
15-01-2021 $578,000 55 O CONNELLS POINT RD WALLAGA LAKE 2546
14-01-2021 $484,000 17 WALLAGA LAKE RD WALLAGA LAKE 2546
22-12-2020 $565,000 41 BEAUTY POINT RD WALLAGA LAKE 2546
18-12-2020 $1,230,000 9 ENDEAVOUR DR WALLAGA LAKE 2546
04-12-2020 $760,000 14 BELLBROOK CRES WALLAGA LAKE 2546
16-10-2020 $560,000 88 O CONNELLS POINT RD WALLAGA LAKE 2546
23-09-2020 $800,000 186 WALLAGA LAKE RD WALLAGA LAKE 2546
01-09-2020 $595,000 100 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
19-08-2020 $230,000 31 O CONNELLS POINT RD WALLAGA LAKE 2546
05-08-2020 $473,000 32 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
30-07-2020 $620,000 36 LAKE VIEW DR WALLAGA LAKE 2546
25-06-2020 $345,000 174 WALLAGA LAKE RD WALLAGA LAKE 2546
25-06-2020 $848,000 32 LAKE VIEW DR WALLAGA LAKE 2546
01-06-2020 $477,500 100 O CONNELLS POINT RD WALLAGA LAKE 2546
11-05-2020 $500,000 7 BEAUTY POINT RD WALLAGA LAKE 2546
17-04-2020 $535,000 168 WALLAGA LAKE RD WALLAGA LAKE 2546
17-04-2020 $600,000 61 O CONNELLS POINT RD WALLAGA LAKE 2546
14-04-2020 $380,000 3 WALLAGA LAKE RD WALLAGA LAKE 2546
30-03-2020 $684,000 41 ENDEAVOUR DR WALLAGA LAKE 2546
27-03-2020 $400,000 40 O CONNELLS POINT RD WALLAGA LAKE 2546
23-03-2020 $55,000 1 WALLAGA LAKE RD WALLAGA LAKE 2546
20-01-2020 $437,000 29 BEAUTY POINT RD WALLAGA LAKE 2546
16-01-2020 $703,000 8 FAIRVIEW RD WALLAGA LAKE 2546
20-12-2019 $408,000 21 WALLAGA LAKE RD WALLAGA LAKE 2546
16-12-2019 $800,000 33 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
31-10-2019 $500,000 2 O CONNELLS POINT RD WALLAGA LAKE 2546
25-09-2019 $675,000 38 FAIRHAVEN POINT WAY WALLAGA LAKE 2546
17-09-2019 $580,000 74 O CONNELLS POINT RD WALLAGA LAKE 2546
22-07-2019 $445,000 2 BRIGHTON PARK RD WALLAGA LAKE 2546
11-07-2019 $1,110,000 11 ENDEAVOUR DR WALLAGA LAKE 2546
09-07-2019 $450,000 3 BRIGHTON PARK RD WALLAGA LAKE 2546

Internet Speed

Fixed Wireless

Satellite


Nearby Suburbs

AkoleleTilba TilbaBermaguiCentral TilbaMystery BayDignams CreekCoolagoliteCorunnaCuttageeBarragga Bay


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!