Thinking about buying in Bolong? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,669,000 with prices in this suburb ranging from $244,000 to $13,044,000. Bolong is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $307.50 |
Median Monthly Mortgage | $1865.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.50 |
Average Age | 51.50 |
Average Income | $720.00 |
Average Cars Per Dwelling | 2.05 |
Average Properties Within 50M | 1 |
3 Bed  $809,000 |
4 Bed  $1,815,000 |
6 Bed+$13,044,000 |
In Bolong 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 Bolong 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 Bolong 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 Bolong 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 Bolong a better buying opportunity than it may have been in the past.
210 JENNINGS LANE, BOLONG, NSW, 2540 | 3 | 1 | 0 | 3100000 |
Bomaderry Public School
Terara Public School
Bomaderry High School
Nowra Anglican College
(While the above schools are located with the suburb of Bolong there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.7 | 19.2 | 25.4 | 65.8 | 89.8 | 4.8 | 22.9 |
Feb | 4.4 | 19.0 | 24.8 | 66.9 | 89.3 | 4.6 | 19.3 |
Mar | 4.5 | 18.2 | 24.1 | 62.2 | 87.5 | 4.8 | 16.1 |
Apr | 2.7 | 15.5 | 22.2 | 56.9 | 84.4 | 4.1 | 14.2 |
May | 1.9 | 13.3 | 20.0 | 52.4 | 78.7 | 4.4 | 11.2 |
Jun | 3.4 | 11.3 | 17.5 | 53.4 | 77.1 | 4.5 | 9.0 |
Jul | 2.1 | 10.2 | 17.5 | 46.5 | 72.6 | 4.4 | 10.1 |
Aug | 2.7 | 10.5 | 18.0 | 44.5 | 74.6 | 4.8 | 12.8 |
Sept | 1.5 | 12.2 | 19.9 | 47.3 | 80.2 | 4.5 | 16.6 |
Oct | 2.6 | 14.0 | 21.3 | 55.1 | 85.2 | 4.7 | 20.6 |
Nov | 2.1 | 15.8 | 23.1 | 56.4 | 85.0 | 4.6 | 22.3 |
Dec | 2.4 | 17.6 | 24.0 | 61.6 | 85.7 | 4.5 | 22.4 |
source: Australian Government Bureau of Meteorology
18-10-2024 | $850,000 | 775 BOLONG RD |
31-01-2024 | $7,000,000 | 280 BOLONG RD |
21-12-2023 | $300,000 | 775 BOLONG RD |
20-12-2022 | $300,000 | 775 BOLONG RD |
03-12-2021 | $1,600,000 | 219 HANIGANS LANE |
21-05-2021 | $1,300,000 | 219 HANIGANS LANE |
05-06-2020 | $3,500,000 | 170 JENNINGS LANE |
05-03-2018 | $570,000 | 80 HANIGANS LANE |
18-12-2015 | $3,300,000 | 340 BOLONG RD |
27-11-2015 | $700,000 | 280 BOLONG RD |
07-10-2015 | $300,000 | 92 HANIGANS LANE |
27-03-2015 | $400,000 | 125 EDWARDS AVE |
25-08-2014 | $647,500 | 120 HANIGANS LANE |
06-09-2013 | $575,000 | 219 HANIGANS LANE |
15-01-2013 | $550,000 | 20 HANIGANS LANE |
02-08-2011 | $570,000 | 505 BOLONG RD |
20-06-2011 | $520,000 | 445 BOLONG RD |
26-02-2010 | $281,500 | 39 HANIGANS LANE |
01-09-2008 | $2,500,000 | 170 JENNINGS LANE |
15-04-2005 | $185,000 | 39 HANIGANS LANE |
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