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Drake Village
NSW, 2469 - Tenterfield

Thinking about buying in Drake Village? Now could not be a better time, with just 75 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 $116,000 to $1,412,000. The aproximate distance to the coast is 100 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Drake Village Real Estate Market Outlook

In Drake Village 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 Village 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 Village 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 Village 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.

Properties for sale Drake Village

First National 7718 bruxner hwy, drake village, nsw, 2469 Beds2 Bathrooms1 Parking 0 On Line Auction

Local Schools

Drake Public School

(While the above schools are located with the suburb of Drake Village 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.

Drake Village 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
Jan3.315.627.645.795.22.224.5
Feb2.215.225.952.696.42.223.6
Mar3.314.224.649.392.42.018.2
Apr1.110.021.848.797.31.816.6
May1.65.417.650.797.71.713.1
Jun1.43.915.053.797.82.011.6
Jul1.32.414.945.397.21.912.5
Aug1.62.416.536.295.32.015.3
Sept1.0620.632.992.32.419.2
Oct2.29.022.836.994.52.222.8
Nov1.412.326.336.893.22.225.8
Dec3.814.526.743.995.62.225.2

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

08-12-2023 $242,500 2 ALLISON ST
20-10-2023 $200,000 7718 BRUXNER HWY
22-09-2023 $157,500 7719 BRUXNER HWY
12-05-2022 $440,000 7573 BRUXNER HWY
31-08-2021 $1,115,264 5 OAK HOLLOW RD
17-09-2020 $255,000 7780 BRUXNER HWY
12-06-2020 $230,000 9 TIMBARRA ST
19-10-2018 $185,000 7786 BRUXNER HWY
18-09-2018 $135,000 14 ALLISON ST
14-02-2018 $120,000 2 TABULAM ST
16-10-2017 $190,000 4 FAIRFIELD ST
28-04-2017 $100,000 7721 BRUXNER HWY
28-10-2016 $155,000 7605 BRUXNER HWY
04-04-2016 $165,000 7786 BRUXNER HWY
14-01-2014 $17,000 5 SIMPSON ST
02-08-2013 $329,000 7780 BRUXNER HWY
18-03-2010 $115,000 2 ALLISON ST
01-10-2008 $265,000 7780 BRUXNER HWY
29-08-2008 $145,000 7782 BRUXNER HWY
19-03-2007 $185,000 7719 BRUXNER HWY
29-09-2006 $100,000 7573 BRUXNER HWY

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DrakeSandy HillJubullum VillageTabulamBulldogBoorookMookima WybraPagans FlatTimbarraJacksons Flat


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