Thinking about buying in Minbun? Now could not be a better time, with just 88 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,485,000 with prices in this suburb ranging from $1,485,000 to $1,485,000. The aproximate distance to the coast is 44 Km.
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In Minbun 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 Minbun 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. A mix of professions and above average income earners in Minbun provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Minbun necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Minbun we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Minbun a better buying opportunity than it may have been in the past.
None within suburb boundary
(While the above schools are located with the suburb of Minbun there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 8.2 | 21.5 | 31.3 | 51.1 | 94.0 | 2.9 | 21.4 |
Feb | 7.1 | 21.4 | 30.9 | 52.3 | 94.3 | 2.8 | 21.2 |
Mar | 4.8 | 21.0 | 29.9 | 55.4 | 94.4 | 3.0 | 19.7 |
Apr | 1.2 | 19.2 | 28.7 | 51.0 | 90.8 | 4.0 | 19.4 |
May | 0.6 | 17.3 | 26.9 | 51.6 | 90.4 | 4.0 | 17.2 |
Jun | 0.5 | 15.4 | 25.6 | 51.3 | 91.6 | 3.8 | 16.2 |
Jul | 0.2 | 14.5 | 25.3 | 48.3 | 90.4 | 3.9 | 17.3 |
Aug | 0.1 | 14.2 | 26.6 | 40.8 | 90.3 | 3.7 | 19.3 |
Sept | 0.1 | 15.5 | 28.9 | 35.8 | 90.1 | 3.4 | 23.1 |
Oct | 0.7 | 17.4 | 30.4 | 37.0 | 90.0 | 3.4 | 25.1 |
Nov | 1.8 | 19.2 | 31.3 | 41.3 | 90.4 | 3.1 | 25.8 |
Dec | 3.2 | 20.7 | 32.3 | 43.2 | 92.0 | 3.0 | 25.0 |
source: Australian Government Bureau of Meteorology
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