Real Estate Wongwibinda, NSW, 2350 Armidale Regional

Thinking about buying in Wongwibinda? Now could not be a better time, with just 69 residential dwellings it's a highly sought after location.

The average property price for this area is $7,192,000 with prices in this suburb ranging from $227,000 to $19,840,000.

Distance to the coast is 71 Km.

Wongwibinda Real Estate Market Outlook

In Wongwibinda 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 Wongwibinda 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 Wongwibinda 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 Wongwibinda 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.

Household makeup

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Instant Property Valuation

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Wongwibinda weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

14-12-2018 $4,000,000 1283 GUYRA RD WONGWIBINDA 2350
31-10-2018 $13,400,000 737 DYAMBERIN RD WONGWIBINDA 2350
11-09-2018 $166,667 176 DYAMBERIN RD WONGWIBINDA 2350
02-05-2018 $380,000 741 DYAMBERIN RD WONGWIBINDA 2350
12-02-2018 $4,000,000 1283 GUYRA RD WONGWIBINDA 2350
20-12-2016 $300,000 500 DYAMBERIN RD WONGWIBINDA 2350
03-06-2016 $1,056,047 161 HICKEYS RD WONGWIBINDA 2350
01-02-2016 $2,750,000 2125 WONGWIBINDA RD WONGWIBINDA 2350
21-01-2014 $2,250,000 1109 OLD EBOR RD WONGWIBINDA 2350
20-12-2013 $255,000 500 DYAMBERIN RD WONGWIBINDA 2350
25-07-2013 $8,250,000 338 FISHINGTON RD WONGWIBINDA 2350
15-07-2013 $2,250,000 2568 GUYRA RD WONGWIBINDA 2350
19-09-2012 $380,000 145 OLD EBOR RD WONGWIBINDA 2350
12-06-2012 $180,000 3 OLD EBOR RD WONGWIBINDA 2350
23-04-2010 $1,897,000 2568 GUYRA RD WONGWIBINDA 2350
09-08-2006 $700,000 673 OLD EBOR RD WONGWIBINDA 2350

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

LyndhurstEborHernaniAberfoyleWards MistakeThe GulfWollomombiMarengoKookabookraTyringham

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