Thinking about buying in Cringila? Now could not be a better time, with 1001 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $710,000 with prices in this suburb ranging from $49,000 to $3,006,000. Cringila is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $1630.50 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.50 |
Average Age | 37.50 |
Average Income | $534.00 |
Average Cars Per Dwelling | 1.62 |
Average Properties Within 50M | 11 |
1 Bed  $600,000 |
2 Bed  $616,000 |
3 Bed  $669,000 |
4 Bed  $711,000 |
5 Bed  $859,000 |
6 Bed+$919,000 |
In Cringila 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 Cringila 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 Cringila 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. Lower than average industry presence in Cringila 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 Cringila a better buying opportunity than it may have been in the past.
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83 LAKE AV, CRINGILA, NSW, 2502 |
|
550000 |
Cringila Public School
Warrawong High School
Warrawong Public School
St Francis of Assisi Catholic Primary School
Berkeley Public School
Illawarra Sports High School
Lake Heights Public School
Berkeley West Public School
(While the above schools are located with the suburb of Cringila 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 | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
24-07-2024 | $810,000 | 42 LAKE AVE |
20-06-2024 | $740,000 | 120 LAKE AVE |
17-06-2024 | $685,000 | 7 BETHLEHEM ST |
07-06-2024 | $805,000 | 22 FITZGERALD ST |
20-05-2024 | $650,000 | 64 LAKE AVE |
12-04-2024 | $775,000 | 13 STEEL ST |
31-01-2024 | $825,000 | 31 BETHLEHEM ST |
18-01-2024 | $386,700 | 12 CRINGILA ST |
21-12-2023 | $550,000 | 22 FITZGERALD ST |
13-12-2023 | $695,000 | 18 MALCOLM AVE |
08-12-2023 | $815,000 | 12 GRATTAN ST |
06-12-2023 | $420,000 | 19 MALCOLM AVE |
30-11-2023 | $620,000 | 13 CRINGILA ST |
10-11-2023 | $233,333 | 15 SHEFFIELD ST |
09-11-2023 | $761,500 | 23 BIRMINGHAM ST |
03-11-2023 | $800,000 | 27 LACKAWANNA ST |
30-10-2023 | $725,000 | 14 MONTEITH ST |
20-10-2023 | $490,000 | 44 CRINGILA ST |
17-10-2023 | $590,000 | 5 SHEFFIELD ST |
26-09-2023 | $730,000 | 103 LAKE AVE |
25-08-2023 | $730,000 | 23 MONTEITH ST |
23-08-2023 | $707,500 | 1 DORMAN ST |
11-08-2023 | $672,000 | 65 LAKE AVE |
08-08-2023 | $628,000 | 6 FITZGERALD ST |
17-05-2023 | $679,995 | 132 LAKE AVE |
28-04-2023 | $650,000 | 108 LAKE AVE |
06-04-2023 | $640,000 | 31 NEWCASTLE ST |
27-03-2023 | $845,000 | 5 LAKE AVE |
22-03-2023 | $630,000 | 18 JARVIE RD |
22-03-2023 | $620,000 | 2 BIRMINGHAM ST |
22-03-2023 | $630,000 | 18 JARVIE RD |
22-03-2023 | $620,000 | 2 BIRMINGHAM ST |
14-03-2023 | $880,000 | 28 AUBURN PDE |
01-02-2023 | $700,000 | 12 DORMAN ST |
31-01-2023 | $580,000 | 118 LAKE AVE |
20-12-2022 | $480,000 | 12 MALCOLM AVE |
19-12-2022 | $550,000 | 2 DORMAN ST |
02-12-2022 | $563,000 | 9 MALCOLM AVE |
21-11-2022 | $610,000 | 91 LAKE AVE |
01-11-2022 | $649,000 | 22 BARRY ST |
24-10-2022 | $550,000 | 33 FITZGERALD ST |
17-10-2022 | $576,000 | 11 AUBURN PDE |
29-09-2022 | $680,000 | 8 NEWCASTLE ST |
09-09-2022 | $620,000 | 17 MONTEITH ST |
25-08-2022 | $770,000 | 2 MCGOVERN ST |
16-08-2022 | $4,600,000 | 87 FIVE ISLANDS RD |
12-08-2022 | $875,000 | 21 MERRETT AVE |
08-07-2022 | $450,000 | 12 STEEL ST |
31-05-2022 | $705,000 | 47 LAKE AVE |
17-05-2022 | $820,000 | 5 GREGORY ST |
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