Thinking about buying in Bangalee? Now could not be a better time, with just 105 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $833,000 with prices in this suburb ranging from $218,000 to $2,293,000. Bangalee is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $400.00 |
Median Monthly Mortgage | $1928.00 |
Median Persons Per Bedroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 40.00 |
Average Income | $768.00 |
Average Cars Per Dwelling | 2.30 |
Average Properties Within 50M | 7 |
3 Bed  $704,000 |
4 Bed  $908,000 |
5 Bed  $1,145,000 |
6 Bed+$1,511,000 |
In Bangalee 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 Bangalee 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 Bangalee 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. Lower than average industry presence in Bangalee we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bangalee a better buying opportunity than it may have been in the past.
489 ILLAROO RD, BANGALEE, NSW, 2541 | 4 | 2 | 4 | $1,375,000 |
None within suburb boundary
(While the above schools are located with the suburb of Bangalee 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 | 2.7 | 19.2 | 25.4 | 65.8 | 89.8 | 4.8 | 22.9 |
Feb | 4.4 | 19.0 | 24.8 | 66.9 | 89.3 | 4.6 | 19.3 |
Mar | 4.5 | 18.2 | 24.1 | 62.2 | 87.5 | 4.8 | 16.1 |
Apr | 2.7 | 15.5 | 22.2 | 56.9 | 84.4 | 4.1 | 14.2 |
May | 1.9 | 13.3 | 20.0 | 52.4 | 78.7 | 4.4 | 11.2 |
Jun | 3.4 | 11.3 | 17.5 | 53.4 | 77.1 | 4.5 | 9.0 |
Jul | 2.1 | 10.2 | 17.5 | 46.5 | 72.6 | 4.4 | 10.1 |
Aug | 2.7 | 10.5 | 18.0 | 44.5 | 74.6 | 4.8 | 12.8 |
Sept | 1.5 | 12.2 | 19.9 | 47.3 | 80.2 | 4.5 | 16.6 |
Oct | 2.6 | 14.0 | 21.3 | 55.1 | 85.2 | 4.7 | 20.6 |
Nov | 2.1 | 15.8 | 23.1 | 56.4 | 85.0 | 4.6 | 22.3 |
Dec | 2.4 | 17.6 | 24.0 | 61.6 | 85.7 | 4.5 | 22.4 |
source: Australian Government Bureau of Meteorology
11-03-2024 | $1,070,000 | 3 BURRANDOOL AVE |
11-03-2024 | $542,500 | 5 ARWON CL |
08-12-2023 | $1,900,000 | 1 SITTELLA CCT |
08-12-2023 | $2,300,000 | 10 SANDSTONE PL |
20-10-2023 | $2,820,000 | 540 ILLAROO RD |
31-07-2023 | $1,630,000 | 1 ARWON CL |
30-06-2023 | $1,085,000 | 43 LOCHAVEN DR |
16-05-2023 | $1,500,000 | 9 HICKORY CRES |
11-05-2023 | $1,000,000 | 13 MERINDA WAY |
26-04-2023 | $1,950,000 | 22 TALLIMBA RD |
17-04-2023 | $1,150,000 | 635 ILLAROO RD |
06-04-2023 | $1,650,000 | 3 HICKORY CRES |
02-12-2022 | $1,300,000 | 12 ARWON CL |
21-11-2022 | $1,335,000 | 489 ILLAROO RD |
28-10-2022 | $2,015,000 | 60 GYPSY POINT RD |
15-08-2022 | $2,625,000 | 8 SANDSTONE PL |
01-04-2022 | $785,000 | 18 HICKORY CRES |
17-02-2022 | $1,300,000 | 25 BIMBIMBIE AVE |
28-01-2022 | $980,000 | 1 RANGER GR |
21-01-2022 | $1,100,000 | 41 LOCHAVEN DR |
07-12-2021 | $1,580,000 | 17 GYPSY POINT RD |
06-12-2021 | $1,060,000 | 13 LOCHAVEN DR |
13-09-2021 | $1,530,000 | 3 SANDSTONE PL |
27-08-2021 | $970,000 | 11 BIMBIMBIE AVE |
15-07-2021 | $895,000 | 5 BIMBIMBIE AVE |
01-06-2021 | $1,450,000 | 191 BANGALEE SCOUT CAMP RD |
13-05-2021 | $465,000 | 4 HICKORY CRES |
28-04-2021 | $785,000 | 7 HICKORY CRES |
16-04-2021 | $905,000 | 3 REBECCA GR |
09-04-2021 | $880,000 | 17 BIMBIMBIE AVE |
26-03-2021 | $1,050,000 | 316 ILLAROO RD |
01-03-2021 | $440,000 | 14 TALLIMBA RD |
02-02-2021 | $855,000 | 4 BAFFLER PL |
25-11-2020 | $410,000 | 5 HICKORY CRES |
19-11-2020 | $668,000 | 1 WONGOONOO AVE |
12-08-2020 | $724,000 | 3 LOCHAVEN DR |
06-08-2020 | $425,000 | 11 HICKORY CRES |
19-06-2020 | $880,000 | 16 BIMBIMBIE AVE |
20-04-2020 | $807,500 | 15 MOONDARA DR |
15-04-2020 | $598,000 | 328 ILLAROO RD |
03-04-2020 | $815,000 | 4 BURRANDOOL AVE |
11-03-2020 | $975,000 | 9 HICKORY CRES |
14-02-2020 | $426,500 | 10 SANDSTONE PL |
21-01-2020 | $985,000 | 6 ARCHER PL |
17-01-2020 | $710,000 | 490 ILLAROO RD |
19-12-2019 | $740,000 | 2 ARWON CL |
16-12-2019 | $635,000 | 620 ILLAROO RD |
09-12-2019 | $875,000 | 24 BIMBIMBIE AVE |
06-12-2019 | $860,000 | 1 REBECCA GR |
24-10-2019 | $730,000 | 3 ARCHER PL |
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