NSW, 2550 - Bega Valley

Thinking about buying in Wapengo? Now could not be a better time, with just 69 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,131,000 with prices in this suburb ranging from $70,000 to $2,552,000. Wapengo is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

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Wapengo Real Estate Market Outlook

In Wapengo 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 Wapengo 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. The slightly lower than average earnings from occupations in Wapengo changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Wapengo 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 Wapengo there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

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We are currently collecting information for this location.

Wapengo weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

25-01-2024 $3,300,000 1795 TATHRA BERMAGUI RD
15-12-2023 $330,000 84 HANKINSONS RD
03-10-2023 $2,000,000 71 WHITTLES RD
03-11-2022 $1,200,000 72 WHITTLES RD
28-03-2022 $350,000 2170 TATHRA BERMAGUI RD
01-11-2021 $2,000,000 131 HUNTERS RD
28-06-2021 $350,000 2170 TATHRA BERMAGUI RD
30-04-2021 $1,490,000 319 WAPENGO LAKE RD
22-02-2021 $1,250,000 319 WAPENGO LAKE RD
18-11-2020 $787,500 2065 TATHRA BERMAGUI RD
18-11-2020 $1,160,000 331 WAPENGO LAKE RD
18-08-2020 $132,500 68 CALDECOTTS RD
16-04-2019 $50,000 27 WHITTLES RD
31-07-2017 $645,000 31 HUNTERS RD
04-04-2017 $470,000 2202 TATHRA BERMAGUI RD
30-11-2016 $400,000 224 HUNTERS RD
19-11-2014 $190,000 68 CALDECOTTS RD
22-10-2014 $601,000 115 HANKINSONS RD
04-04-2014 $666,000 105 HANKINSONS RD
08-08-2013 $595,000 2168 TATHRA-BERMAGUI RD
24-02-2011 $690,000 2109 TATHRA-BERMAGUI RD
04-12-2009 $487,000 2170 TATHRA-BERMAGUI RD
23-10-2008 $200,000 68 CALDECOTTS RD
20-04-2007 $420,000 2202 TATHRA-BERMAGUI RD
31-10-2006 $1,500 138 CALDECOTTS RD
01-07-2005 $100,000 1795 TATHRA-BERMAGUI RD
30-05-2005 $480,000 115 HANKINSONS RD
04-04-2005 $175,000 70 CALDECOTTS RD

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Nearby Suburbs

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