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Cudgegong
NSW, 2850 - Mid-Western Regional

Thinking about buying in Cudgegong? Now could not be a better time, with just 72 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $751,000 with prices in this suburb ranging from $500,000 to $1,437,000. The aproximate distance to the coast is 145 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Cudgegong Real Estate Market Outlook

In Cudgegong 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 Cudgegong 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 Cudgegong 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 Cudgegong 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.


Local Schools

None within suburb boundary

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

Cudgegong 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

10-11-2023 $1,650,000 1672 CASTLEREAGH HWY
10-05-2023 $357,500 1669 CUDGEGONG RD
26-02-2021 $950,000 38 RIVERLEA RD
12-01-2017 $400,000 1822 CASTLEREAGH HWY
09-03-2015 $1,040,000 63 RIVERLEA RD
17-09-2010 $430,000 1672 CASTLEREAGH HWY
03-08-2010 $340,000 1638 CASTLEREAGH HWY
01-07-2009 $455,000 1788 CASTLEREAGH HWY
04-08-2006 $900,000 63 RIVERLEA RD
13-07-2006 $170,000 1638 CASTLEREAGH HWY
21-12-2004 $180,000 1822 CASTLEREAGH HWY

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DungereeBocobleQueens PinchRiverleaGreen GullyApple Tree FlatPinnacle SwampMonivaeCarcalgongAarons Pass

Public Transport


General Points of Interest

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