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All About Erudgere, Mid-Western Regional, NSW, 2850

Household Makeup

Median Weekly Rent $300.00
Median Monthly Mortgage $1322.00
Median Persons Per bed houseroom 0.80
Average Household Size 2.00
Average Age 50.00
Average Income $664.00
Average Cars Per Dwelling 2.13
Average Properties Within 50M 1
Typical 2 bed house$1,035,000
Typical 3 bed house$340,000
Typical 4 bed house$981,000
Typical 5 bed house$2,402,000
Typical 6 bed+ house$1,131,000

Housing Stock

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Erudgere Real Estate Market Outlook

Thinking about buying in Erudgere? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $947,000 with prices in this suburb ranging from $76,000 to $2,471,000. The aproximate distance to the coast is 184 Km.

In Erudgere 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 Erudgere 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. The slightly lower than average earnings from occupations in Erudgere changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Erudgere 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.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Erudgere 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.

Erudgere 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

28-08-2023 $1,225,000 90 Carara Road
02-02-2023 $2,460,000 79 Alexander Road
21-11-2022 $1,200,000 195 Old Grattai Road
06-05-2022 $871,494 548 Hill End Road
18-02-2022 $1,150,000 703 Hill End Road
24-09-2021 $1,200,000 72 Mcdonalds Road
13-09-2021 $335,000 317 Hill End Road
25-08-2021 $1,453,000 29 Alexander Road
02-08-2021 $13,000 657 Hill End Road
16-07-2021 $1,850,000 74 Mcdonalds Road
08-02-2021 $1,000 657 Hill End Road
15-12-2020 $675,000 49 Old Grattai Road
24-08-2018 $420,000 614 Hill End Road
21-08-2018 $315,000 180 Old Grattai Road
24-04-2018 $315,000 138 Old Grattai Road
10-01-2018 $415,000 7 Carara Road
23-10-2017 $890,000 60 Carara Road
19-09-2017 $1,110,000 248 Erudgere Lane
24-07-2017 $770,000 282 Hill End Road
26-04-2017 $200,000 2 Carara Road
01-02-2017 $3,400,000 366 Erudgere Lane
20-09-2016 $47,000 89 Carara Road
18-12-2015 $760,000 7 Carara Road
11-09-2015 $550,000 283 Erudgere Lane
09-06-2015 $305,000 616 Hill End Road
27-03-2015 $450,000 91 Carara Road
22-10-2013 $215,000 841 Hill End Road
16-08-2012 $585,000 655 Hill End Road
16-04-2012 $750,000 7 Carara Road
02-12-2011 $390,000 2 Carara Road
21-09-2011 $685,000 248 Erudgere Lane
30-11-2010 $430,000 324 Hill End Road
02-09-2009 $560,000 31 Carara Road
01-06-2009 $500,000 283 Erudgere Lane
20-04-2009 $770,000 60 Carara Road
09-04-2009 $1,100,000 74 Mcdonalds Road
12-06-2008 $395,000 656 Hill End Road
11-02-2008 $368,000 119 Old Grattai Road
05-09-2006 $400,000 241 Old Grattai Road
06-03-2006 $775,000 658 Hill End Road
17-12-2004 $578,000 60 Carara Road


General Points of Interest


Nearby Suburbs

CaerleonCollingwoodMenahPutta BuccaMudgeeCullenboneBombiraGrattaiPiambongMilroy

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