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All About Caragabal, Weddin, NSW, 2810

Caragabal, a small village in the Weddin Shire of New South Wales, offers a unique housing market characterized by its rural charm and affordability compared to larger urban centers. The area predominantly consists of detached houses with large plots of land, reflecting its agricultural roots and appeal to those seeking a quieter lifestyle. The housing market here can be appealing for first-time buyers or those looking to invest in property without the hefty price tags often found in city environments. Prices have remained relatively stable, although there might be limited availability due to the village's small size and lower turnover compared to more suburban areas.

Living in Caragabal is best suited for those who appreciate a close-knit community and the tranquility of rural life. Residents enjoy wide-open spaces and a slower pace, with the scenic beauty of the Australian countryside ever present. The village offers essential amenities and services, but more comprehensive facilities are accessible in nearby towns such as Grenfell or West Wyalong. Community events and local gatherings are a staple in Caragabal, providing opportunities for social interaction and fostering a strong sense of belonging. While it might notably lack the hustle and bustle of urban living, Caragabal's charm lies in its simplicity and the peaceful, grounded lifestyle it offers.

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

Local Internet Speeds

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Caragabal Real Estate Market Outlook

Thinking about buying in Caragabal? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $422,000 with prices in this suburb ranging from $31,000 to $3,010,000. The aproximate distance to the coast is 283 Km.

In Caragabal 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 Caragabal 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 Caragabal 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 Caragabal 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 Valuation

Local Schools

Caragabal Public School

(While the above schools are located with the suburb of Caragabal 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.

Caragabal 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
Jan1.317.334.521.172.74.527.2
Feb2.016.931.828.677.14.423.7
Mar2.313.728.132.783.24.119.2
Apr1.28.823.339.890.73.115
May14.618.248.095.32.912.2
Jun1.42.514.560.797.72.89.3
Jul1.21.613.759.397.92.99.7
Aug1.21.31552.898.23.212.3
Sept1.53.619.542.794.93.617.2
Oct1.47.624.333.188.33.721.7
Nov1.611.528.127.2854.125
Dec1.314.431.522.076.44.428.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

16-12-2024 $10,585,000 160 Taylors Road
28-10-2024 $220,000 1 Wyalong Street
29-07-2024 $230,000 13 Railway Street
05-11-2021 $110,000 9 Railway Street
15-10-2021 $206,667 5750 Mid Western Hwy
06-08-2021 $55,000 13 Railway Street
16-06-2021 $116,000 1 Caragabal Street
09-06-2021 $2,651,400 998 Quandialla-Caragabal Road
16-09-2020 $570,000 698 Driftway Road
25-05-2020 $300,000 119 Beazleys Lane
14-05-2020 $6,500 20 Bourke Street
23-04-2020 $116,000 24 Grenfell Street
20-11-2019 $1,200 43 Wyalong Street
19-11-2016 $7,000 45 Wyalong Street
12-08-2016 $55,000 1 Caragabal
05-05-2016 $1,900,000 719 Quandialla-Caragabal Road
28-04-2016 $948,370 4731 Mid Western Hwy
18-05-2015 $600,000 175 Baass Lane
04-07-2014 $160,000 1 Wyalong Street
19-02-2014 $500 32 Grenfell Street
27-08-2013 $40,000 1 Railway Street
25-01-2012 $60,000 1 Railway Street
26-08-2011 $50,500 44 Gibson Street
17-08-2011 $500,000 508 Hunters Road
02-12-2010 $56,000 18 Railway Street
14-10-2010 $280,000 280 Quandialla Caragabal Road
27-08-2010 $43,000 1 Railway Street
11-11-2009 $390,000 4562 Mid Western Hwy
06-10-2009 $2,500 82 Caragabal Street
30-09-2009 $24,000 19 Caragabal Street
12-12-2008 $72,000 8 Wyalong Street
25-11-2008 $73,500 24 Caragabal Street
15-08-2008 $120,000 4 Marsden Street
10-06-2008 $7,950 34 Grenfell Street
14-08-2007 $10,000 19 Caragabal Street
16-07-2007 $7,900 36 Grenfell Street
16-01-2007 $65,000 24 Caragabal Street
04-08-2006 $45,000 9 Railway Street
12-07-2006 $5,000 82 Caragabal Street



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