Real Estate Wolumla, NSW, 2550 Bega Valley
Thinking about buying in Wolumla? Now could not be a better time, with a whopping 529 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $591,000 with prices in this suburb ranging from $238,000 to $863,000.
Distance to the coast is 7 Km.Wolumla Real Estate Market Outlook
In Wolumla 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 Wolumla 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 Wolumla 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 Wolumla 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 | $350.00 |
| Median Monthly Mortgage | $1576.50 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 40.00 |
| Average Income | $832.00 |
| Average Cars Per Dwelling | 2.91 |
| Average Properties Within 50M | 6.00 |
Typical Property Prices
| 2 Bed | $480,000 |
| 3 Bed | $636,250 |
Housing Stock
Houses for sale Wolumla
|
TRADING TERMS LODGE, 9 CHERRY LANE, WOLUMLA, NSW, 2550 | 5 | 3 | 6 | $1,100,000 |
|
18 SMITH ST, WOLUMLA, NSW, 2550 | 4 | } 2 | 2 | $779,000 |
Local Schools
Wolumla Public School
(While the above schools are located with the suburb of Wolumla there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Wolumla 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.9 | 17.0 | 22.6 | 64.5 | 90 | 8.1 | 21.9 |
| Feb | 2.6 | 17.0 | 22.5 | 65.8 | 90.9 | 7.5 | 18.4 |
| Mar | 2.8 | 15.8 | 21.6 | 61.1 | 89.2 | 7.5 | 15.7 |
| Apr | 2.2 | 14.0 | 20.2 | 58.5 | 88.6 | 6.6 | 12.8 |
| May | 2.5 | 11.3 | 17.4 | 57.4 | 88.8 | 7.0 | 9.6 |
| Jun | 3.3 | 9.7 | 15.5 | 59 | 88.9 | 6.7 | 7.7 |
| Jul | 1.7 | 8.8 | 15.0 | 54.2 | 87.6 | 6.5 | 8.5 |
| Aug | 2.1 | 8.9 | 15.7 | 50.9 | 87.6 | 7 | 11 |
| Sept | 2.1 | 10.5 | 17.1 | 56.1 | 89.3 | 8 | 14.9 |
| Oct | 2.4 | 11.4 | 17.9 | 56.5 | 89.2 | 8.1 | 19.3 |
| Nov | 2.2 | 13.8 | 19.7 | 60.8 | 89.3 | 8.3 | 23.3 |
| Dec | 2.0 | 15.1 | 21.0 | 61.0 | 88.4 | 8.4 | 25.1 |
source: Australian Government Bureau of Meteorology
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