Back

Merrygoen
NSW, 2831 - Warrumbungle

Thinking about buying in Merrygoen? Now could not be a better time, with just 129 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $336,000 with prices in this suburb ranging from $43,000 to $1,255,000. The aproximate distance to the coast is 252 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

Merrygoen Real Estate Market Outlook

In Merrygoen 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 Merrygoen 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 Merrygoen 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 Merrygoen 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.


Local Schools

None within suburb boundary

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

Merrygoen 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

20-11-2024 $92,000 2 BIAMBLE ST
24-10-2024 $139,000 4 BIAMBLE ST
15-07-2024 $255,000 16 DENMAN ST
15-09-2023 $135,000 272 MERRYGOEN RD
21-04-2023 $12,000 2 BIAMBLE ST
13-10-2022 $90,000 274 MERRYGOEN RD
31-08-2021 $147,000 1 BIAMBLE ST
19-07-2021 $55,000 3 STRICKLAND ST
01-12-2020 $170,000 16 DENMAN ST
30-10-2020 $827,500 150 WALKER RD
27-08-2020 $23,000 32 DENMAN ST
23-06-2020 $85,000 7 STRICKLAND ST
06-03-2020 $73,000 3 STRICKLAND ST
20-11-2019 $71,000 274 MERRYGOEN RD
05-04-2018 $10,000 30 DENMAN ST
29-11-2017 $30,000 2 HAKONI RD
13-10-2017 $650,000 150 WALKER RD
13-12-2016 $790,000 657 FORANS RD
11-07-2016 $19,500 14 DENMAN ST
23-05-2016 $88,000 53 DENMAN ST
21-01-2016 $850,000 1818 DENNYKYMINE RD
20-11-2015 $27,000 32 DENMAN ST
16-07-2014 $650,420 415 DENNYKYMINE RD
26-07-2011 $18,000 32 DENMAN ST
23-02-2011 $75,000 53 DENMAN ST
14-05-2008 $60,000 28 DENMAN ST
16-08-2007 $50,000 2 DENMAN ST
18-05-2007 $60,000 28 DENMAN ST
18-07-2005 $3,950 30 DENMAN ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NeilrexYarragrinMendooranDunedooMollyanCobboraBinnawayWeetalibaElong ElongRopers Road


Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!