Thinking about buying in Mundongo? Now could not be a better time, with just 112 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $871,000 with prices in this suburb ranging from $561,000 to $1,503,000. The aproximate distance to the coast is 174 Km.
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In Mundongo 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 Mundongo 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 Mundongo 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 Mundongo 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.
232 morgans reserve rd, mundongo, nsw, 2720 | 6 | 3 | 4 | $1,050,000 - $1,100,000 |
None within suburb boundary
(While the above schools are located with the suburb of Mundongo 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 | 1.3 | 17.8 | 33.7 | 20.0 | 71.3 | 4.3 | 26.7 |
Feb | 1.8 | 17.2 | 31.3 | 26.8 | 76.1 | 4.1 | 23.4 |
Mar | 2.9 | 14.1 | 27.7 | 31.4 | 82.3 | 3.7 | 18.4 |
Apr | 1.0 | 9.7 | 23.3 | 37.4 | 88.3 | 2.9 | 14.6 |
May | 1.2 | 5.7 | 18.1 | 47.6 | 94.9 | 2.9 | 10.7 |
Jun | 1.7 | 3.7 | 14.3 | 59.9 | 97.9 | 2.7 | 8.6 |
Jul | 1.4 | 3.4 | 13.5 | 60.6 | 97.8 | 3.0 | 8.8 |
Aug | 1.4 | 3.0 | 14.7 | 52.8 | 97.4 | 3.1 | 11.7 |
Sept | 1.4 | 5.0 | 18.9 | 41.7 | 93.8 | 3.5 | 16.7 |
Oct | 1.5 | 8.4 | 23.8 | 31.8 | 88.5 | 3.6 | 21.7 |
Nov | 2.2 | 12.1 | 27.5 | 24.9 | 83.2 | 4.0 | 25.3 |
Dec | 1.7 | 15.4 | 31.1 | 20.2 | 74.8 | 4.1 | 28.5 |
source: Australian Government Bureau of Meteorology
12-12-2023 | $1,170,000 | 20 NEYLANS LANE |
02-12-2022 | $1,350,000 | 384 MORGANS RESERVE RD |
20-06-2022 | $775,500 | 44 LOWTHERS LANE |
27-05-2022 | $830,000 | 92 LOWTHERS LANE |
20-12-2021 | $679,000 | 181 MORGANS RESERVE RD |
26-03-2021 | $520,000 | 372 MORGANS RESERVE RD |
08-02-2021 | $550,000 | 5 / 54 CLOVERDALE RD |
05-02-2021 | $685,000 | 32 QUILTYS LANE |
20-04-2020 | $560,000 | 27 MORGANS RESERVE RD |
28-02-2020 | $475,000 | 372 MORGANS RESERVE RD |
04-12-2019 | $905,000 | 419 LACMALAC RD |
06-11-2019 | $487,500 | 37 CLOVERDALE RD |
27-09-2019 | $475,000 | 32 QUILTYS LANE |
07-02-2019 | $490,000 | 181 MORGANS RESERVE RD |
25-01-2019 | $350,000 | 214 MUNDONGO RD |
09-11-2018 | $375,000 | 5 LOWTHERS LANE |
14-09-2018 | $562,500 | 86 CLOVERDALE RD |
08-03-2018 | $465,000 | 53 CLOVERDALE RD |
12-01-2018 | $590,000 | 224 MORGANS RESERVE RD |
26-10-2017 | $560,000 | 370 MORGANS RESERVE RD |
22-09-2017 | $445,000 | 372 MORGANS RESERVE RD |
28-04-2017 | $505,000 | 92 LOWTHERS LANE |
01-09-2016 | $650,000 | 384 MORGANS RESERVE RD |
13-05-2016 | $360,000 | 33 QUILTYS LANE |
25-02-2016 | $570,000 | 351 MORGANS RESERVE RD |
18-12-2015 | $500,000 | 74 LOWTHERS LANE |
21-09-2015 | $152,000 | 122 MUNDONGO RD |
12-06-2015 | $435,000 | 400 MORGANS RESERVE RD |
16-01-2015 | $420,000 | 148 MORGANS RESERVE RD |
14-11-2014 | $180,000 | 181 MORGANS RESERVE RD |
20-08-2014 | $475,000 | 68 MUNDONGO RD |
02-12-2013 | $499,000 | 51 CLOVERDALE RD |
06-06-2012 | $375,000 | 196 MORGANS RESERVE RD |
30-06-2011 | $318,000 | 232 MORGANS RESERVE RD |
08-02-2011 | $575,000 | 384 MORGANS RESERVE RD |
22-05-2009 | $550,000 | 146 MORGANS RESERVE RD |
17-12-2008 | $255,000 | 232 MORGANS RESERVE RD |
05-12-2008 | $430,000 | 74 LOWTHERS LANE |
23-10-2008 | $8,000 | 122 MUNDONGO RD |
11-01-2008 | $480,000 | 24 CLOVERDALE RD |
12-01-2007 | $407,500 | 289 MORGANS RESERVE RD |
01-06-2006 | $470,000 | 86 CLOVERDALE RD |
26-05-2006 | $400,000 | 51 CLOVERDALE RD |
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