Thinking about buying in Cudgel? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $26,835,000 with prices in this suburb ranging from $350,000 to $202,782,000. The aproximate distance to the coast is 354 Km.
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In Cudgel 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 Cudgel 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 Cudgel 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 Cudgel 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.
243 mackellar rd, cudgel, nsw, 2700 | Price Reduced Further - Now $3,180 Per Acre |
Yanco Agricultural High School
(While the above schools are located with the suburb of Cudgel 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 | 1.1 | 19.0 | 34.6 | 20.0 | 66.0 | 4.3 | 28.2 |
Feb | 1.4 | 18.6 | 32.6 | 26.7 | 70.3 | 4.0 | 24.1 |
Mar | 2.5 | 15.7 | 28.8 | 33.7 | 79.3 | 3.6 | 19.4 |
Apr | 1.1 | 11.6 | 24.3 | 36.7 | 83.4 | 3.0 | 15 |
May | 0.7 | 7.2 | 18.9 | 46.5 | 91.2 | 3.0 | 11.3 |
Jun | 1.4 | 5.4 | 15.2 | 59.4 | 96.6 | 2.9 | 9.0 |
Jul | 1.1 | 5.0 | 14.6 | 57.4 | 94.3 | 3.1 | 9.4 |
Aug | 1.2 | 5.2 | 16.2 | 48.7 | 93.2 | 3.3 | 12.3 |
Sept | 0.4 | 7.0 | 20.8 | 34.2 | 83.1 | 3.8 | 17.8 |
Oct | 1.3 | 10.8 | 24.9 | 31.5 | 82.6 | 3.8 | 21.7 |
Nov | 1.2 | 14.3 | 29.1 | 24.6 | 77.4 | 3.9 | 26.0 |
Dec | 1.6 | 16.9 | 31.5 | 22.6 | 71.1 | 4.2 | 28.8 |
source: Australian Government Bureau of Meteorology
29-10-2024 | $1,200,000 | 42 STANNARD RD |
17-09-2024 | $400,000 | 23 STANNARD RD |
04-04-2024 | $1,200,000 | 42 STANNARD RD |
21-03-2024 | $500,000 | 278 CUDGEL RD |
15-08-2023 | $850,000 | 180 CUDGEL RD |
17-03-2022 | $448,333 | 224 CUDGEL RD |
23-11-2020 | $142,889,635 | 182 CUDGEL RD |
23-04-2020 | $250,000 | 278 CUDGEL RD |
15-02-2019 | $750,000 | 42 STANNARD RD |
23-11-2018 | $700,000 | 1097 IRRIGATION WAY |
19-04-2017 | $350,000 | 182 CUDGEL RD |
21-12-2016 | $893,000 | 278 CUDGEL RD |
11-10-2016 | $340,000 | 180 CUDGEL RD |
26-02-2016 | $1,050,000 | 1278 IRRIGATION WAY |
08-02-2016 | $370,000 | 144 CUDGEL RD |
30-06-2015 | $1,015,000 | 243 MACKELLAR RD |
19-02-2015 | $410,000 | 1097 IRRIGATION WAY |
14-01-2014 | $216,666 | 224 CUDGEL RD |
06-09-2010 | $490,000 | 278 CUDGEL RD |
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