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Drake
NSW, 2469 - Tenterfield

Thinking about buying in Drake? Now could not be a better time, with just 302 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $339,000 with prices in this suburb ranging from $59,000 to $1,003,000. The aproximate distance to the coast is 90 Km.

Household Makeup

Median Weekly Rent $395.00
Median Monthly Mortgage $1040.00
Median Persons Per Bedroom 1.00
Average Household Size 2.00
Average Age 60.00
Average Income $452.00
Average Cars Per Dwelling 2.01
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $295,000
2 Bed  $307,000
3 Bed  $390,000
4 Bed  $499,000
5 Bed  $339,000
6 Bed+$339,000

Drake Real Estate Market Outlook

In Drake 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 Drake 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 Drake 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 Drake 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.

Houses for sale Drake

Firstnational DRAKE HOTEL, 7710 BRUXNER HWY, DRAKE, NSW, 2469 Beds2 Bathrooms1 $220,000.00

Local Schools

Drake Public School

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

Drake 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
Jan3.315.627.645.795.22.224.5
Feb2.215.225.952.696.42.223.6
Mar3.314.224.649.392.42.018.2
Apr1.110.021.848.797.31.816.6
May1.65.417.650.797.71.713.1
Jun1.43.915.053.797.82.011.6
Jul1.32.414.945.397.21.912.5
Aug1.62.416.536.295.32.015.3
Sept1.0620.632.992.32.419.2
Oct2.29.022.836.994.52.222.8
Nov1.412.326.336.893.22.225.8
Dec3.814.526.743.995.62.225.2

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-03-2024 $525,000 436 SUGARBAG RD W
15-03-2024 $440,000 241 BRUXNER RD
04-03-2024 $330,000 192 PATEMANS RD
14-02-2024 $230,000 26 MUD FLAT RD
10-01-2024 $320,000 81 BELLBIRD RD
12-12-2023 $292,000 341 PATEMANS RD
19-07-2023 $450,000 62 LESLIE CREEK RD
25-05-2023 $215,000 40 RAMSAY RD
15-02-2023 $367,000 109 MUD FLAT RD
28-10-2022 $780,000 73 LESLIE CREEK RD
29-09-2022 $440,000 694 LESLIE CREEK RD
17-08-2022 $320,000 66 RAMSAY RD
11-07-2022 $470,000 473 LESLIE CREEK RD
02-06-2022 $455,000 256 PATEMANS RD
07-04-2022 $360,000 474 LONG GULLY RD
11-03-2022 $255,000 7011 BRUXNER HWY
28-01-2022 $375,200 694 LESLIE CREEK RD
22-12-2021 $805,000 6060 BRUXNER HWY
18-10-2021 $424,000 21 PATEMANS RD
15-10-2021 $310,000 109 MUD FLAT RD
15-10-2021 $550,000 431 LONG GULLY RD
15-10-2021 $310,000 109 MUD FLAT RD
15-10-2021 $550,000 431 LONG GULLY RD
17-09-2021 $115,000 354 LONG GULLY RD
30-06-2021 $2,000,000 1042 LONG GULLY RD
25-06-2021 $9,000 197 BRUXNER RD
25-06-2021 $465,000 172 MUD FLAT RD
25-06-2021 $9,000 197 BRUXNER RD
25-06-2021 $465,000 172 MUD FLAT RD
06-04-2021 $290,000 139 LESLIE CREEK RD
15-10-2020 $215,000 120 BRUXNER RD
18-09-2020 $175,000 1103 LONG GULLY RD
31-08-2020 $87,000 931 LONG GULLY RD
12-05-2020 $64,000 392 LONG GULLY RD
21-04-2020 $177,000 913 LONG GULLY RD
17-04-2020 $160,000 271 LESLIE CREEK RD
03-03-2020 $385,000 7000 BRUXNER HWY
29-10-2019 $141,000 65 BELLBIRD RD
08-02-2019 $35,000 307 LONG GULLY RD
18-12-2018 $475,000 854 MUD FLAT RD
24-09-2018 $180,000 208 MUD FLAT RD
19-09-2018 $200,000 312 LONG GULLY RD
29-06-2018 $315,000 416 SUGARBAG RD W
20-06-2018 $45,000 307 LONG GULLY RD
11-05-2018 $145,000 436 SUGARBAG RD W
21-03-2018 $195,000 95 ODRISCOLL RD
12-12-2017 $5,200 197 BRUXNER RD
06-12-2017 $120,000 911 LONG GULLY RD
06-10-2017 $325,000 7644 BRUXNER HWY
28-09-2017 $95,000 19 BRUXNER RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Drake VillageJubullum VillageTabulamSandy HillBulldogPagans FlatMookima WybraJacksons FlatBoorookEwingar


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