Bibbenluke, located in the Snowy Monaro Regional area of New South Wales, offers a unique blend of rural charm and peaceful living. The housing market here is characterized by a variety of properties ranging from quaint cottages to larger estates, often surrounded by picturesque landscapes. With affordability being a notable feature, Bibbenluke attracts those seeking a quiet lifestyle away from the hustle and bustle of urban centers. The market is steady, reflecting the area's stable economy and the appeal of its serene environment. Prospective homeowners can typically find properties with generous land sizes, making it an ideal location for families or individuals seeking space and tranquility.
Living in Bibbenluke is akin to stepping into a close-knit community where everyone knows their neighbors. The lifestyle here is laid-back, with outdoor activities such as hiking, fishing, and exploring the natural beauty of the region being popular pastimes. Its proximity to the larger towns within the Snowy Monaro region means residents can enjoy both seclusion and accessibility to amenities and services. The area's scenic beauty, characterized by rolling hills and proximity to national parks, provides a perfect backdrop for those wanting to escape the pressures of city living. The community spirit, combined with the natural surroundings, makes Bibbenluke an appealing option for those looking to enjoy a peaceful and fulfilling lifestyle.
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Thinking about buying in Bibbenluke? Now could not be a better time, with just 146 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $885,000 with prices in this suburb ranging from $350,000 to $8,319,000. The aproximate distance to the coast is 47 Km.
In Bibbenluke 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 Bibbenluke 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 Bibbenluke 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 Bibbenluke 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 Valuation35 Burnima Street, Bibbenluke, NSW, 2632 | 4 | 1 | 3 | $190,000 - $200,000 |
None within suburb boundary
(While the above schools are located with the suburb of Bibbenluke 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 | 16.4 | 24.6 | 57.1 | 88.7 | 4.2 | 21.7 |
Feb | 2.4 | 16.1 | 24.1 | 59.3 | 89.4 | 3.9 | 18.9 |
Mar | 2.8 | 15.1 | 23.0 | 58.3 | 89.2 | 3.7 | 15.3 |
Apr | 2.8 | 12.2 | 20.5 | 58 | 90.3 | 3.5 | 12.3 |
May | 2.5 | 9.3 | 17.9 | 55.9 | 89.9 | 3.7 | 9.5 |
Jun | 3.8 | 7.1 | 15.5 | 60.3 | 91.4 | 3.5 | 8.1 |
Jul | 2.6 | 6.3 | 15.3 | 54.5 | 89.2 | 3.6 | 8.4 |
Aug | 2.9 | 6.4 | 15.6 | 51.0 | 88.7 | 3.8 | 10.7 |
Sept | 2.3 | 8.6 | 17.9 | 51.1 | 88.7 | 4.0 | 15.0 |
Oct | 2.6 | 10.3 | 19.4 | 53.0 | 89.4 | 4.1 | 19.4 |
Nov | 2.7 | 12.7 | 21.4 | 54.6 | 89 | 4.1 | 22.4 |
Dec | 2.4 | 14.6 | 23.1 | 55.5 | 88.5 | 4.2 | 24.0 |
source: Australian Government Bureau of Meteorology
30-09-2024 | $180,000 | 35 Burnima Street |
01-06-2023 | $520,000 | 7 Bombala Street |
31-03-2023 | $230,000 | 38 Burnima Street |
24-08-2022 | $800,000 | 345 Burnima Road |
28-06-2022 | $350,000 | 30 Burnima Street |
17-03-2022 | $720,000 | 480 Broadview Road |
16-04-2021 | $50,000 | 29 Donald Street |
22-05-2020 | $6,011,280 | 477 Mooresprings Road |
12-01-2018 | $410,000 | 10 Evans Street |
16-11-2016 | $16,500 | 3 Burnima Street |
18-06-2012 | $52,000 | 1 Bank Street |
09-08-2007 | $65,000 | 4 Burnima Street |
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