Thinking about buying in Wambool? Now could not be a better time, with just 37 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $769,000 with prices in this suburb ranging from $181,000 to $1,634,000. The aproximate distance to the coast is 131 Km.
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In Wambool 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 Wambool 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 Wambool 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 Wambool 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.
zlatibor, 416 timber ridge rd, wambool, nsw, 2795 | 5 | 4 | 8 | Offers Invited |
None within suburb boundary
(While the above schools are located with the suburb of Wambool 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 | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
20-12-2023 | $925,000 | 416 TIMBER RIDGE RD |
08-02-2023 | $880,000 | 1159 TARANA RD |
01-09-2021 | $329,000 | 1103 TARANA RD |
12-07-2021 | $2,000,000 | 1425 TARANA RD |
29-06-2017 | $370,000 | 416 WAMBOOL RD |
02-02-2017 | $6,340,000 | 103 RIVER RD |
16-12-2016 | $1,150,000 | 1335 TARANA RD |
07-05-2015 | $7,166 | 80 WAMBOOL RD |
24-10-2014 | $190,000 | 1103 TARANA RD |
20-04-2011 | $100,000 | 1103 TARANA RD |
11-08-2010 | $655,000 | 474 TIMBER RIDGE RD |
16-07-2010 | $525,000 | 478 TIMBER RIDGE RD |
27-04-2007 | $440,000 | 333 WAMBOOL RD |
25-11-2005 | $395,000 | 655 TIMBER RIDGE RD |
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