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Ootha
NSW, 2875 - Forbes

Thinking about buying in Ootha? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $44,000 with prices in this suburb ranging from $44,000 to $44,000. The aproximate distance to the coast is 337 Km.

Household Makeup

Median Weekly Rent $190.00
Median Monthly Mortgage $1200.00
Median Persons Per Bedroom 0.70
Average Household Size 3.00
Average Age 43.00
Average Income $614.00
Average Cars Per Dwelling 2.30
Average Properties Within 50M 1

Housing Stock

Average Property Prices

Ootha Real Estate Market Outlook

In Ootha 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 Ootha 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 Ootha 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 Ootha 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 Ootha

RayWhite loloma, 6771 henry parkes way, ootha, nsw, 2875 Beds0 Bathrooms0 Parking 0 EOI closing 11th September 2023

Local Schools

None within suburb boundary

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

Ootha 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
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

05-09-2024 $515,000 24 BURRAWANG WEST RD
16-08-2023 $28,500 5 CHURCH ST
01-02-2023 $3,750,000 656 RINGWOOD RD
21-07-2022 $14,605,000 196 BURRAWANG WEST RD
01-02-2022 $850,000 110 GIBBA RD
16-12-2021 $1,700,000 6771 HENRY PARKES WAY
28-10-2021 $21,000 5 CHURCH ST
17-12-2018 $88,000 11 OOTHA NORTH RD
25-01-2017 $8,000,000 314 MULGUTHRIE RD
04-04-2014 $15,000 40 OOTHA RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DerriwongYarrabandaiMulguthrieFairholmeFifieldWillowbend ReserveWarrooBogan GateBoona RoadGunning Gap

Public Transport


General Points of Interest

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