Thinking about buying in Bombowlee Creek? Now could not be a better time, with just 30 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,603,000 with prices in this suburb ranging from $293,000 to $1,689,000. The aproximate distance to the coast is 172 Km.

Bombowlee Creek Real Estate Market Outlook

In Bombowlee Creek 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 Bombowlee Creek 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 Bombowlee Creek 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 Bombowlee Creek 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.

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Recently Sold Properties / House Prices

19-12-2022	$434,000	553 BOMBOWLEE CREEK RD
07-04-2022	$820,000	305 ARGALONG RD
18-01-2021	$1,230,000	950 BOMBOWLEE CREEK RD
16-12-2019	$250,000	920 BOMBOWLEE CREEK RD
26-10-2018	$460,000	993 BOMBOWLEE CREEK RD
06-10-2017	$411,500	313 BOMBOWLEE CREEK RD
12-05-2014	$550,000	431 BOMBOWLEE CREEK RD
06-04-2011	$445,000	558 BOMBOWLEE CREEK RD
20-01-2010	$1,150,000	858 BOMBOWLEE CREEK RD
24-02-2009	$327,500	1070 BOMBOWLEE CREEK RD
25-01-2007	$410,000	558 BOMBOWLEE CREEK RD

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Internet Speed

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Nearby Suburbs

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General Points of Interest

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