Merrygoen is a small, tranquil locality situated in the Warrumbungle Shire of New South Wales. The housing market in Merrygoen is characterized by its affordability and spacious properties, making it an attractive option for those seeking a peaceful rural lifestyle. Unlike the bustling city markets, Merrygoen offers a simpler, more relaxed real estate environment where prospective homebuyers can find larger plots of land at relatively low prices. This appeals to both families wanting space to grow and retirees looking for a quiet setting. The market is less volatile compared to urban areas, providing stable opportunities for homeownership or investment.
Living in Merrygoen offers a serene lifestyle framed by the picturesque natural beauty of the Warrumbungle region. Residents enjoy proximity to outdoor activities like hiking and bird-watching in nearby national parks, while also benefiting from a close-knit community atmosphere. Despite its rural setting, Merrygoen maintains essential amenities and services either locally or in nearby larger towns. The peaceful environment is perfect for those who enjoy a slower pace of life, providing a retreat from the hustle and bustle of larger cities while fostering a sense of community and connection with nature.
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Housing Stock
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Thinking about buying in Merrygoen? Now could not be a better time, with just 129 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $336,000 with prices in this suburb ranging from $43,000 to $1,255,000. The aproximate distance to the coast is 252 Km.
In Merrygoen 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 Merrygoen 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 Merrygoen 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 Merrygoen 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.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Merrygoen 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 | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
| Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
| Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
| Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
| May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
| Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
| Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
| Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
| Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
| Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
| Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
| Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
| 13-12-2024 | $160,000 | 1 Strickland Street |
| 20-11-2024 | $92,000 | 2 Biamble Street |
| 24-10-2024 | $139,000 | 4 Biamble Street |
| 15-07-2024 | $255,000 | 16 Denman Street |
| 15-09-2023 | $135,000 | 272 Merrygoen Road |
| 21-04-2023 | $12,000 | 2 Biamble Street |
| 13-10-2022 | $90,000 | 274 Merrygoen Road |
| 31-08-2021 | $147,000 | 1 Biamble Street |
| 19-07-2021 | $55,000 | 3 Strickland Street |
| 01-12-2020 | $170,000 | 16 Denman Street |
| 30-10-2020 | $827,500 | 150 Walker Road |
| 27-08-2020 | $23,000 | 32 Denman Street |
| 23-06-2020 | $85,000 | 7 Strickland Street |
| 06-03-2020 | $73,000 | 3 Strickland Street |
| 05-04-2018 | $10,000 | 30 Denman Street |
| 29-11-2017 | $30,000 | 2 Hakoni Road |
| 13-10-2017 | $650,000 | 150 Walker Road |
| 13-12-2016 | $790,000 | 657 Forans Road |
| 11-07-2016 | $19,500 | 14 Denman Street |
| 23-05-2016 | $88,000 | 53 Denman Street |
| 21-01-2016 | $850,000 | 1818 Dennykymine Road |
| 20-11-2015 | $27,000 | 32 Denman Street |
| 16-07-2014 | $650,420 | 415 Dennykymine Road |
| 26-07-2011 | $18,000 | 32 Denman Street |
| 23-02-2011 | $75,000 | 53 Denman Street |
| 14-05-2008 | $60,000 | 28 Denman Street |
| 16-08-2007 | $50,000 | 2 Denman Street |
| 18-05-2007 | $60,000 | 28 Denman Street |
| 18-07-2005 | $3,950 | 30 Denman Street |
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