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Bannaby
NSW, 2580 - Upper Lachlan

Thinking about buying in Bannaby? Now could not be a better time, with just 159 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,300,000 with prices in this suburb ranging from $18,000 to $1,751,000. The aproximate distance to the coast is 70 Km.

Household Makeup

Median Weekly Rent $337.50
Median Monthly Mortgage $2322.00
Median Persons Per Bedroom 0.83
Average Household Size 2.75
Average Age 48.25
Average Income $897.25
Average Cars Per Dwelling 2.68
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $903,000
3 Bed  $877,000
4 Bed  $500,000
5 Bed  $579,000

Bannaby Real Estate Market Outlook

In Bannaby 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 Bannaby 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 Bannaby 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. Lower than average population density constrains growth in Bannaby to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bannaby 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 Bannaby a better buying opportunity than it may have been in the past.

Houses for sale Bannaby

At Realty 657 NEWFOUNDLAND RD, BANNABY, NSW, 2580 Beds2 Bathrooms1 Parking 0 $650,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bannaby 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.

Bannaby 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


Recently Sold Properties / House Prices

27-09-2024 $580,000 657 NEWFOUNDLAND RD
01-05-2024 $365,000 769 BANNABY RD
29-01-2024 $645,000 1518 BANNABY RD
07-12-2023 $300,000 718 NEWFOUNDLAND RD
20-09-2023 $608,000 1520 BANNABY RD
08-05-2023 $367,500 114 BRAYTON RD
03-03-2023 $860,000 980 BANNABY RD
21-07-2022 $215,000 698 NEWFOUNDLAND RD
25-02-2022 $590,000 1520 BANNABY RD
13-12-2021 $210,000 202 LONG GULLY RD
23-04-2021 $160,000 718 NEWFOUNDLAND RD
19-11-2020 $290,000 657 NEWFOUNDLAND RD
29-10-2020 $30,000 767 BANNABY RD
24-09-2020 $505,000 1520 BANNABY RD
14-08-2020 $580,000 649 NEWFOUNDLAND RD
03-07-2020 $210,000 706 NEWFOUNDLAND RD
24-01-2020 $550,000 18 HANWORTH RD
08-10-2019 $320,000 600 HANWORTH RD
29-05-2019 $190,000 84 LONG GULLY RD
08-03-2019 $620,000 409 HANWORTH RD
20-07-2018 $420,500 293 NEWFOUNDLAND RD
05-07-2018 $219,000 1650 BANNABY RD
05-06-2018 $85,000 202 LONG GULLY RD
01-06-2018 $180,000 712 NEWFOUNDLAND RD
11-05-2018 $145,000 706 NEWFOUNDLAND RD
24-01-2018 $450,000 58 NEWFOUNDLAND RD
03-10-2017 $285,000 647 NEWFOUNDLAND RD
15-05-2017 $370,000 358 HANWORTH RD
03-03-2017 $445,000 58 NEWFOUNDLAND RD
20-02-2017 $130,000 698 NEWFOUNDLAND RD
12-09-2016 $575,000 49 HANWORTH RD
07-09-2016 $200,000 645 NEWFOUNDLAND RD
15-08-2016 $11,650 718 NEWFOUNDLAND RD
22-07-2016 $175,000 195 LONG GULLY RD
18-03-2016 $460,000 62 NEWFOUNDLAND RD
29-02-2016 $350,000 18 HANWORTH RD
02-02-2016 $190,000 657 NEWFOUNDLAND RD
09-10-2015 $215,000 1329 BANNABY RD
16-02-2015 $460,000 989 HANWORTH RD
17-07-2014 $125,000 1587 BANNABY RD
13-06-2014 $510,000 956 BANNABY RD
15-11-2013 $370,000 649 NEWFOUNDLAND RD
04-04-2012 $85,000 592 HANWORTH RD
09-11-2011 $400,000 1344 BANNABY RD
02-09-2011 $325,000 1520 BANNABY RD
01-07-2011 $160,000 388 BANNABY RD
29-04-2011 $280,000 77 HANWORTH RD
01-10-2010 $150,000 657 NEWFOUNDLAND RD
11-03-2010 $278,000 980 BANNABY RD
23-12-2009 $140,000 769 BANNABY RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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Public Transport


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