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All About Hopefield, Federation, NSW, 2646

Household Makeup

Median Weekly Rent $220.00
Median Monthly Mortgage $2167.00
Median Persons Per bed houseroom 0.70
Average Household Size 3.00
Average Age 48.00
Average Income $749.00
Average Cars Per Dwelling 2.50
Average Properties Within 50M 1
Typical 3 bed house$719,000
Typical 4 bed house$1,526,000

Housing Stock

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Hopefield Real Estate Market Outlook

Thinking about buying in Hopefield? Now could not be a better time, with just 58 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,946,000 with prices in this suburb ranging from $295,000 to $10,893,000. The aproximate distance to the coast is 243 Km.

In Hopefield 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 Hopefield 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 Hopefield 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 Hopefield 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 Hopefield 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.

Hopefield 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
Jan1.214.533.620.180.13.126.9
Feb2.014.231.428.487.42.723.4
Mar1.711.327.634.191.52.418.5
Apr1.27.123.04295.41.914.4
May1.43.517.455.998.52.09.9
Jun1.31.914.166.798.81.88.5
Jul1.61.613.169.299.22.48.4
Aug1.62.014.361.698.82.411.3
Sept1.43.417.952.798.12.616.2
Oct1.95.622.042.697.22.721.3
Nov1.28.527.328.393.83.125.1
Dec1.511.530.422.587.33.227.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

04-09-2023 $8,600,000 322 Balldale Road
13-04-2022 $1,300,000 751 Hopefield Road
09-02-2022 $320,000 55 Felton Road
18-08-2021 $320,000 328 Lavis Road
07-07-2021 $1,105,000 277 Glenara Road
01-03-2021 $660,000 6880 Riverina Hwy
15-02-2021 $645,000 6897 Riverina Hwy
21-05-2018 $1,380,000 1060 Hopefield Road
13-03-2015 $150,000 328 Lavis Road
28-02-2014 $100,000 317 Lavis Road
04-02-2014 $1,798,000 6252 Riverina Hwy
29-11-2013 $1,685,112 5962 Riverina Hwy
01-02-2013 $3,670,000 310 Lilydale Road

Public Transport


General Points of Interest


Nearby Suburbs

CarlyleWahgunyahRedlandsBalldaleCorowaGooramaddaLowesdaleHowlongRutherglenBrowns Plains

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