Drake
NSW, 2469
-
Tenterfield
Thinking about buying in Drake? Now could not be a better time, with just 302 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $339,000 with prices in this suburb ranging from $59,000 to $1,003,000. The aproximate distance to the coast is 90 Km.
Household Makeup
| Median Weekly Rent | $395.00 |
| Median Monthly Mortgage | $1040.00 |
| Median Persons Per Bedroom | 1.00 |
| Average Household Size | 2.00 |
| Average Age | 60.00 |
| Average Income | $452.00 |
| Average Cars Per Dwelling | 2.01 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $295,000 |
| 2 Bed $307,000 |
| 3 Bed $390,000 |
| 4 Bed $499,000 |
| 5 Bed $339,000 |
| 6 Bed+$339,000 |
Drake Real Estate Market Outlook
In Drake 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 Drake 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 Drake 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 Drake 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.
Houses for sale Drake
|
drake hotel, 7710 bruxner hwy, drake, nsw, 2469 |  2 |
 1 |
$220,000.00 |
Local Schools
Drake Public School
(While the above schools are located with the suburb of Drake there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Drake 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 | 3.3 | 15.6 | 27.6 | 45.7 | 95.2 | 2.2 | 24.5 |
| Feb | 2.2 | 15.2 | 25.9 | 52.6 | 96.4 | 2.2 | 23.6 |
| Mar | 3.3 | 14.2 | 24.6 | 49.3 | 92.4 | 2.0 | 18.2 |
| Apr | 1.1 | 10.0 | 21.8 | 48.7 | 97.3 | 1.8 | 16.6 |
| May | 1.6 | 5.4 | 17.6 | 50.7 | 97.7 | 1.7 | 13.1 |
| Jun | 1.4 | 3.9 | 15.0 | 53.7 | 97.8 | 2.0 | 11.6 |
| Jul | 1.3 | 2.4 | 14.9 | 45.3 | 97.2 | 1.9 | 12.5 |
| Aug | 1.6 | 2.4 | 16.5 | 36.2 | 95.3 | 2.0 | 15.3 |
| Sept | 1.0 | 6 | 20.6 | 32.9 | 92.3 | 2.4 | 19.2 |
| Oct | 2.2 | 9.0 | 22.8 | 36.9 | 94.5 | 2.2 | 22.8 |
| Nov | 1.4 | 12.3 | 26.3 | 36.8 | 93.2 | 2.2 | 25.8 |
| Dec | 3.8 | 14.5 | 26.7 | 43.9 | 95.6 | 2.2 | 25.2 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 19-03-2024 | $525,000 | 436 SUGARBAG RD W |
| 15-03-2024 | $440,000 | 241 BRUXNER RD |
| 04-03-2024 | $330,000 | 192 PATEMANS RD |
| 14-02-2024 | $230,000 | 26 MUD FLAT RD |
| 10-01-2024 | $320,000 | 81 BELLBIRD RD |
| 12-12-2023 | $292,000 | 341 PATEMANS RD |
| 19-07-2023 | $450,000 | 62 LESLIE CREEK RD |
| 25-05-2023 | $215,000 | 40 RAMSAY RD |
| 15-02-2023 | $367,000 | 109 MUD FLAT RD |
| 28-10-2022 | $780,000 | 73 LESLIE CREEK RD |
| 29-09-2022 | $440,000 | 694 LESLIE CREEK RD |
| 17-08-2022 | $320,000 | 66 RAMSAY RD |
| 11-07-2022 | $470,000 | 473 LESLIE CREEK RD |
| 02-06-2022 | $455,000 | 256 PATEMANS RD |
| 07-04-2022 | $360,000 | 474 LONG GULLY RD |
| 11-03-2022 | $255,000 | 7011 BRUXNER HWY |
| 28-01-2022 | $375,200 | 694 LESLIE CREEK RD |
| 22-12-2021 | $805,000 | 6060 BRUXNER HWY |
| 18-10-2021 | $424,000 | 21 PATEMANS RD |
| 15-10-2021 | $310,000 | 109 MUD FLAT RD |
| 15-10-2021 | $550,000 | 431 LONG GULLY RD |
| 15-10-2021 | $310,000 | 109 MUD FLAT RD |
| 15-10-2021 | $550,000 | 431 LONG GULLY RD |
| 17-09-2021 | $115,000 | 354 LONG GULLY RD |
| 30-06-2021 | $2,000,000 | 1042 LONG GULLY RD |
| 25-06-2021 | $9,000 | 197 BRUXNER RD |
| 25-06-2021 | $465,000 | 172 MUD FLAT RD |
| 25-06-2021 | $9,000 | 197 BRUXNER RD |
| 25-06-2021 | $465,000 | 172 MUD FLAT RD |
| 06-04-2021 | $290,000 | 139 LESLIE CREEK RD |
| 15-10-2020 | $215,000 | 120 BRUXNER RD |
| 18-09-2020 | $175,000 | 1103 LONG GULLY RD |
| 31-08-2020 | $87,000 | 931 LONG GULLY RD |
| 12-05-2020 | $64,000 | 392 LONG GULLY RD |
| 21-04-2020 | $177,000 | 913 LONG GULLY RD |
| 17-04-2020 | $160,000 | 271 LESLIE CREEK RD |
| 03-03-2020 | $385,000 | 7000 BRUXNER HWY |
| 29-10-2019 | $141,000 | 65 BELLBIRD RD |
| 08-02-2019 | $35,000 | 307 LONG GULLY RD |
| 18-12-2018 | $475,000 | 854 MUD FLAT RD |
| 24-09-2018 | $180,000 | 208 MUD FLAT RD |
| 19-09-2018 | $200,000 | 312 LONG GULLY RD |
| 29-06-2018 | $315,000 | 416 SUGARBAG RD W |
| 20-06-2018 | $45,000 | 307 LONG GULLY RD |
| 11-05-2018 | $145,000 | 436 SUGARBAG RD W |
| 21-03-2018 | $195,000 | 95 ODRISCOLL RD |
| 12-12-2017 | $5,200 | 197 BRUXNER RD |
| 06-12-2017 | $120,000 | 911 LONG GULLY RD |
| 06-10-2017 | $325,000 | 7644 BRUXNER HWY |
| 28-09-2017 | $95,000 | 19 BRUXNER RD |
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