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Welby NSW 2575: Property Market Report & Real Estate Insights

Part of Wingecarribee, NSW

Property Market

Median Weekly Rent $370.75
Median Monthly Mortgage $1809.25
Median Persons Per Bedroom 0.75
Average Household Size 2.75
Average Age 43.75
Average Income $675.75
Average Cars Per Dwelling 1.82
Average Properties Within 50M 6

Typical House Prices

1 bed property $
2 bed property $811,000
3 bed property $990,000
4 bed property $997,000
5 bed property $1,788,000
6 bed+ property $1,908,000

Typical Homes & Property Types

Average Internet Speeds in Welby

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Welby Real Estate Market Outlook

Thinking about buying in Welby? Now could not be a better time, with just 489 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,029,000 with prices in this suburb ranging from $288,000 to $4,346,000. The approximate distance to the coast is 41 Km.

Living in Welby

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Welby 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 Welby 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. Lower than average industry presence in Welby we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Welby a better buying opportunity than it may have been in the past.

Instant Property Valuation

Welby, a charming locality in the Wingecarribee Shire of New South Wales, is known for its serene environment and welcoming community, making it an appealing destination for homebuyers seeking a quieter lifestyle. The housing market in Welby has witnessed gradual growth, with a mix of residential options, including traditional cottages and modern family homes, often set on spacious plots. This variety caters to diverse preferences, whether you're a young family seeking room to grow or retirees looking for tranquility. While the prices in the broader Southern Highlands region have seen an upward trend due to its increasing popularity, Welby continues to offer relatively affordable housing compared to its neighboring towns, making it attractive for those wanting proximity to nature without breaking the bank.

Living in Welby offers a harmonious blend of rural charm and accessibility. The community is tight-knit, fostering a sense of belonging among residents, while the surrounding natural beauty, including lush landscapes and nearby reserves, provides ample opportunities for outdoor activities. Residents enjoy a peaceful lifestyle with the convenience of essential amenities and services available in nearby Mittagong and Bowral. The local schools, parks, and community centers enhance the family-friendly atmosphere. Welby's strategic location also means that the hustle and bustle of Sydney is just a manageable drive away, allowing for weekend escapes or commuting options for those working in the city but desiring the solace of country living.



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2026-01-19 $925,000 4 / 34 Meranie Street Welby, NSW
2025-12-18 $1,400,000 8 Old Hume Hwy Welby, NSW
2025-11-03 $925,000 45 Berrima Street Welby, NSW
2025-10-14 $200,000 65 Colo Street Welby, NSW
2025-10-10 $825,000 74 Old Hume Hwy Welby, NSW
2025-09-02 $1,360,000 77 Joadja Street Welby, NSW
2025-08-22 $735,000 6 Bowral Lane Welby, NSW
2025-07-18 $850,000 12 Joadja Street Welby, NSW
2025-05-26 $900,000 6 Joadja Street Welby, NSW
2025-05-06 $800,000 40 Currockbilly Street Welby, NSW
2025-04-24 $900,000 1 Jellore Street Welby, NSW
2025-04-11 $960,000 30 Mittagong Street Welby, NSW
2025-03-26 $945,000 30 Currockbilly Street Welby, NSW
2025-03-24 $934,000 7 Joadja Street Welby, NSW
2025-01-15 $1,273,000 29 Joadja Street Welby, NSW
2024-10-18 $757,500 96 Berrima Street Welby, NSW
2024-10-17 $2,225,000 70 Old Hume Hwy Welby, NSW
2024-10-15 $825,000 3 Currockbilly Street Welby, NSW
2024-08-19 $2,225,000 70 Old Hume Hwy Welby, NSW
2024-08-08 $865,000 72 Bowral Street Welby, NSW
2024-08-01 $830,000 10 Bendooley Street Welby, NSW
2024-07-31 $480,000 40 Meranie Street Welby, NSW
2024-07-22 $700,000 102 Cobb Lane Welby, NSW
2024-07-05 $760,000 100 Berrima Street Welby, NSW
2024-05-01 $870,000 50 Mittagong Street Welby, NSW
2024-04-30 $575,000 36 Mittagong Street Welby, NSW
2024-02-12 $686,000 27 Currockbilly Street Welby, NSW
2023-10-30 $820,000 73 Bowral Street Welby, NSW
2023-10-25 $865,000 66 Joadja Street Welby, NSW
2023-10-18 $1,080,000 54 Mittagong Street Welby, NSW
2023-09-01 $665,000 16 Joadja Street Welby, NSW
2023-07-27 $790,000 89 Bowral Street Welby, NSW
2023-05-16 $940,000 26 Mittagong Street Welby, NSW
2023-03-17 $660,000 1 Mandemar Street Welby, NSW
2022-12-05 $755,000 71 Joadja Street Welby, NSW
2022-11-07 $965,000 12 Meranie Street Welby, NSW
2022-10-20 $785,000 25 Joadja Street Welby, NSW
2022-09-16 $749,500 48 Bowral Street Welby, NSW
2022-07-22 $800,000 34 Joadja Street Welby, NSW
2022-04-14 $800,000 84 Berrima Lane Welby, NSW
2022-03-31 $1,270,000 61 Colo Street Welby, NSW
2022-01-21 $810,000 37 Meranie Street Welby, NSW
2022-01-14 $850,000 20 Jellore Street Welby, NSW
2021-11-12 $790,000 1 Jellore Street Welby, NSW
2021-09-28 $680,000 102 Cobb Lane Welby, NSW
2021-09-14 $845,000 67 Joadja Street Welby, NSW
2021-08-12 $620,000 35 Meranie Street Welby, NSW
2021-07-27 $641,000 29 Joadja Street Welby, NSW
2021-07-14 $765,000 84 Berrima Street Welby, NSW
2021-07-06 $725,000 76 Bowral Street Welby, NSW

Local Schools

Mittagong Public School
Gib Gate School
St Michael's Catholic Primary School
Frensham School

Is Welby a safe suburb?

Incidents Trend State Average

We are currently collecting information for this location.

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Balmain East 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
Jan3.617.626.758.697.63.619.8
Feb7.618.025.662.897.63.617.0
Mar5.215.624.658.297.53.414.2
Apr1.011.223.548.497.23.213.2
May3.89.420.150.892.63.910.0
Jun0.98.218.25291.73.99.7
Jul6.27.417.953.594.84.19.9
Aug4.17.019.042.589.44.612.8
Sept0.99.021.643.493.94.116.5
Oct3.712.222.95496.63.617.6
Nov1.213.225.847.3964.222.9
Dec2.416.324.757.596418

source: Australian Government Bureau of Meteorology


Nearby Suburbs

Willow ValeRenwickWoodlandsBalaclavaBraemarBowralMittagongAylmertonColo ValeBurradoo

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