Thinking about buying in Bannaby? Now could not be a better time, with just 159 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,300,000 with prices in this suburb ranging from $18,000 to $1,751,000. The aproximate distance to the coast is 70 Km.
Median Weekly Rent | $337.50 |
Median Monthly Mortgage | $2322.00 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.75 |
Average Age | 48.25 |
Average Income | $897.25 |
Average Cars Per Dwelling | 2.68 |
Average Properties Within 50M | 1 |
2 Bed  $903,000 |
3 Bed  $877,000 |
4 Bed  $500,000 |
5 Bed  $579,000 |
In Bannaby 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 Bannaby 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 Bannaby 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. Lower than average population density constrains growth in Bannaby to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bannaby 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 Bannaby a better buying opportunity than it may have been in the past.
1518 bannaby rd, bannaby, nsw, 2580 | 1 | 1 | 0 | Contact Agent |
None within suburb boundary
(While the above schools are located with the suburb of Bannaby 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 | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
27-09-2024 | $580,000 | 657 NEWFOUNDLAND RD |
01-05-2024 | $365,000 | 769 BANNABY RD |
29-01-2024 | $645,000 | 1518 BANNABY RD |
07-12-2023 | $300,000 | 718 NEWFOUNDLAND RD |
20-09-2023 | $608,000 | 1520 BANNABY RD |
08-05-2023 | $367,500 | 114 BRAYTON RD |
03-03-2023 | $860,000 | 980 BANNABY RD |
21-07-2022 | $215,000 | 698 NEWFOUNDLAND RD |
25-02-2022 | $590,000 | 1520 BANNABY RD |
13-12-2021 | $210,000 | 202 LONG GULLY RD |
23-04-2021 | $160,000 | 718 NEWFOUNDLAND RD |
19-11-2020 | $290,000 | 657 NEWFOUNDLAND RD |
29-10-2020 | $30,000 | 767 BANNABY RD |
24-09-2020 | $505,000 | 1520 BANNABY RD |
14-08-2020 | $580,000 | 649 NEWFOUNDLAND RD |
03-07-2020 | $210,000 | 706 NEWFOUNDLAND RD |
24-01-2020 | $550,000 | 18 HANWORTH RD |
08-10-2019 | $320,000 | 600 HANWORTH RD |
29-05-2019 | $190,000 | 84 LONG GULLY RD |
08-03-2019 | $620,000 | 409 HANWORTH RD |
20-07-2018 | $420,500 | 293 NEWFOUNDLAND RD |
05-07-2018 | $219,000 | 1650 BANNABY RD |
05-06-2018 | $85,000 | 202 LONG GULLY RD |
01-06-2018 | $180,000 | 712 NEWFOUNDLAND RD |
11-05-2018 | $145,000 | 706 NEWFOUNDLAND RD |
24-01-2018 | $450,000 | 58 NEWFOUNDLAND RD |
03-10-2017 | $285,000 | 647 NEWFOUNDLAND RD |
15-05-2017 | $370,000 | 358 HANWORTH RD |
03-03-2017 | $445,000 | 58 NEWFOUNDLAND RD |
20-02-2017 | $130,000 | 698 NEWFOUNDLAND RD |
12-09-2016 | $575,000 | 49 HANWORTH RD |
07-09-2016 | $200,000 | 645 NEWFOUNDLAND RD |
15-08-2016 | $11,650 | 718 NEWFOUNDLAND RD |
22-07-2016 | $175,000 | 195 LONG GULLY RD |
18-03-2016 | $460,000 | 62 NEWFOUNDLAND RD |
29-02-2016 | $350,000 | 18 HANWORTH RD |
02-02-2016 | $190,000 | 657 NEWFOUNDLAND RD |
09-10-2015 | $215,000 | 1329 BANNABY RD |
16-02-2015 | $460,000 | 989 HANWORTH RD |
17-07-2014 | $125,000 | 1587 BANNABY RD |
13-06-2014 | $510,000 | 956 BANNABY RD |
15-11-2013 | $370,000 | 649 NEWFOUNDLAND RD |
04-04-2012 | $85,000 | 592 HANWORTH RD |
09-11-2011 | $400,000 | 1344 BANNABY RD |
02-09-2011 | $325,000 | 1520 BANNABY RD |
01-07-2011 | $160,000 | 388 BANNABY RD |
29-04-2011 | $280,000 | 77 HANWORTH RD |
01-10-2010 | $150,000 | 657 NEWFOUNDLAND RD |
11-03-2010 | $278,000 | 980 BANNABY RD |
23-12-2009 | $140,000 | 769 BANNABY RD |
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