All About Cargo, Cabonne, NSW, 2800
Cargo, a charming village in the Cabonne Council area of New South Wales, boasts a quaint and steadily growing housing market. The properties in Cargo primarily consist of cozy country homes and expansive plots of land, making it an attractive location for those seeking a rural lifestyle. The market has witnessed moderate appreciation over the years, driven by a combination of affordability compared to urban centers and increasing interest from individuals desiring a peaceful, community-focused environment. Cargo's housing market often appeals to families, retirees, and anyone interested in a tranquil setting surrounded by natural beauty, with ample opportunities for gardening, farming, and outdoor recreation. Despite its rural charm, its proximity to larger towns such as Orange provides residents with access to essential amenities and services without sacrificing the benefits of country living.
Living in Cargo offers a unique blend of serenity and community spirit. The village is characterized by a close-knit community, where neighbors know each other by name and community events are well-attended. The surroundings are lush and green, with rolling hills and open spaces that are perfect for outdoor enthusiasts. Residents enjoy a slower pace of life, with daily life centered around local events, markets, and the general store, which serves as a hub for social interactions. Access to quality local produce, peaceful landscapes, and a clear night sky add to Cargo's appeal as a place to live. The village's small population fosters a safe and welcoming atmosphere, making it ideal for those looking to escape the hustle and bustle of city life.
Household Makeup
| Median Weekly Rent | $280.00 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 38.00 |
| Average Income | $804.00 |
| Average Cars Per Dwelling | 1.86 |
| Average Properties Within 50M | 2 |
| Typical 1 bed house | $495,000 |
| Typical 3 bed house | $528,000 |
| Typical 4 bed house | $748,000 |
| Typical 5 bed house | $1,094,000 |
| Typical 6 bed+ house | $892,000 |
Housing Stock
Local Internet Speeds
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Cargo Real Estate Market Outlook
Thinking about buying in Cargo? Now could not be a better time, with just 367 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $715,000 with prices in this suburb ranging from $36,000 to $3,057,000. The aproximate distance to the coast is 208 Km.
In Cargo 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cargo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cargo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Cargo 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 Cargo a better buying opportunity than it may have been in the past.
Instant Property Valuation
Local Schools
Cargo Public School
(While the above schools are located with the suburb of Cargo there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cargo 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
| Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
| Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
| Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
| May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
| Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
| Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
| Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
| Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
| Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
| Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
| Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 04-12-2024 | $780,000 | 6 Forbes Street |
| 29-11-2024 | $620,000 | 18 Wall Street |
| 15-03-2024 | $590,000 | 9 Forbes Street |
| 23-02-2024 | $370,000 | 3 Hicks Street |
| 06-09-2023 | $650,000 | 10 Forbes Street |
| 18-08-2023 | $560,000 | 3616 Cargo Road |
| 31-07-2023 | $65,000 | 13 Thompson Street |
| 21-06-2023 | $475,000 | 2 Mayne Street |
| 20-06-2023 | $27,000,000 | 817 Baghdad Road |
| 20-03-2023 | $545,000 | 1994 Davys Plains Road |
| 17-03-2023 | $1,200,000 | 146 Edinboro Lane |
| 01-03-2023 | $180,000 | 41 Belmore Street |
| 21-02-2023 | $500,000 | 13 Loftus Street |
| 25-01-2023 | $760,000 | 20 Dalton Street |
| 11-11-2022 | $1,150,000 | 201 Wilsons Lane |
| 30-09-2022 | $820,000 | 38 Dalton Street |
| 22-08-2022 | $975,000 | 2762 Cargo Road |
| 19-08-2022 | $690,000 | 15 Loftus Street |
| 14-07-2022 | $1,175,000 | 249 Edinboro Lane |
| 07-06-2022 | $705,000 | 26 Loftus Street |
| 27-05-2022 | $200,000 | 12 Mayne Street |
| 17-05-2022 | $690,000 | 1 Belmore Street |
| 28-04-2022 | $505,000 | 12 Thompson Street |
| 26-04-2022 | $545,000 | 3616 Cargo Road |
| 14-04-2022 | $710,000 | 1225 South Bowan Park Road |
| 17-12-2021 | $560,000 | 30 Sharp Street |
| 26-11-2021 | $535,000 | 4 Sherwin Street |
| 19-10-2021 | $120,000 | 3 Thompson Street |
| 17-09-2021 | $1,600,000 | 3004 Cargo Road |
| 14-09-2021 | $150,000 | 5 Thompson Street |
| 06-09-2021 | $335,000 | 2 Short Street |
| 06-09-2021 | $235,000 | 20 Sharp Street |
| 27-08-2021 | $16,050,000 | 30 Bohringer Lane |
| 08-06-2021 | $200,000 | 18 Powers Street |
| 25-03-2021 | $740,000 | 249 Edinboro Lane |
| 15-02-2021 | $505,000 | 34 Belmore Street |
| 18-12-2020 | $735,000 | 12 Sherwin Street |
| 16-10-2020 | $300,000 | 5 Mayne Street |
| 25-06-2020 | $412,000 | 4 Brooks Street |
| 05-05-2020 | $190,000 | 6 Hamilton Street |
| 21-02-2020 | $35,000 | 6 Union Street |
| 06-12-2019 | $25,000 | 48 Dalton Street |
| 27-11-2018 | $515,000 | 60 Glassons Road |
| 13-09-2018 | $98,000 | 30 Sharp Street |
| 11-09-2018 | $439,000 | 1955 Davys Plains Road |
| 29-06-2018 | $287,000 | 8 Dalton Street |
| 21-06-2018 | $65,000 | 14 Wall Street |
| 13-06-2018 | $710,000 | 2744 Cargo Road |
| 29-01-2018 | $340,000 | 8 Misty Close |
| 15-11-2017 | $1,080,000 | 2789 Cargo Road |
Public Transport
Orange East Fork - Greater then 10KM
Nearby Suburbs
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