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All About Bumbalong, Snowy Monaro Regional, NSW, 2626

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

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Bumbalong Real Estate Market Outlook

Thinking about buying in Bumbalong? Now could not be a better time, with just 26 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,053,000 with prices in this suburb ranging from $254,000 to $2,883,000. The aproximate distance to the coast is 91 Km.

In Bumbalong 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 Bumbalong 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 Bumbalong 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 Bumbalong 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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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bumbalong there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bumbalong weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-08-2021 $695,000 18 Upstream Road
05-05-2021 $200,000 97 Downstream Road
06-02-2018 $435,000 18 Upstream Road
26-07-2017 $560,000 348 Downstream Road
15-04-2016 $158,000 61 Downstream Road
01-10-2015 $650,000 43 Downstream Road
28-07-2014 $585,000 348 Downstream Road
23-04-2014 $370,000 49 Upstream Road
16-08-2011 $135,000 53 Upstream Road
18-04-2011 $165,000 97 Downstream Road
26-02-2010 $170,000 253 Downstream Road
04-01-2010 $900,000 397 Downstream Road
28-11-2008 $430,000 348 Downstream Road
12-03-2008 $900,000 397 Downstream Road
19-10-2006 $140,000 179 Downstream Rd Via Bumbalong Road
28-06-2006 $275,000 429 Upstream Road
01-02-2005 $190,000 49 Upstream Road



Nearby Suburbs

ColintonMount ClearMichelagoBoothClear RangeBredboShannons FlatRendezvous CreekBillilingraTinderry

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