Thinking about buying in Narromine? Now could not be a better time, with just 110 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,733,000 with prices in this suburb ranging from $549,000 to $3,190,000. The aproximate distance to the coast is 299 Km.
Median Weekly Rent | $275.00 |
Median Monthly Mortgage | $1975.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 37.00 |
Average Income | $1054.00 |
Average Cars Per Dwelling | 2.25 |
Average Properties Within 50M | 1 |
3 Bed  $548,000 |
In Narromine 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 Narromine 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 Narromine 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 Narromine 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.
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
19-12-2023 | $2,835,000 | 975 COBBOCO RD |
07-06-2022 | $1,900,000 | 914 BURROWAY RD |
01-02-2022 | $3,200,000 | 887 COBBOCO RD |
06-07-2021 | $860,000 | 258 MERRITS LANE |
28-06-2021 | $1,500,000 | 1777 BURROWAY RD |
04-05-2021 | $480,000 | 523 COBBOCO RD |
15-04-2021 | $1,925,342 | 746 BURROWAY RD |
29-01-2021 | $1,130,000 | 176 LINCOLN LANE |
07-06-2019 | $3,200,000 | 1055 COBBOCO RD |
18-02-2019 | $454,000 | 220 PINEVIEW RD |
01-02-2019 | $2,233,680 | 2355 COLLIE RD |
01-02-2019 | $2,000,000 | 2923 EUMUNGERIE RD |
20-07-2018 | $1,200,000 | 1 PARK HILL RD |
16-07-2018 | $600,000 | 1777 BURROWAY RD |
06-06-2018 | $700,000 | 2583 BURROWAY RD |
25-01-2017 | $2,500,000 | 1502 COBBOCO RD |
25-01-2017 | $2,500,000 | 1895 COLLIE RD |
18-01-2017 | $1,450,000 | 726 PINEVIEW RD 26085 DUBBO - COLLIE ROAD |
22-11-2016 | $1,095,000 | 176 LINCOLN LANE |
23-09-2016 | $1,210,000 | 1225 EUMUNGERIE RD |
05-08-2016 | $780,000 | 2685 COLLIE RD |
30-05-2016 | $492,000 | 1776 EUMUNGERIE RD |
11-01-2016 | $615,000 | 307 COBBOCO RD |
01-12-2015 | $1,267,000 | 726 PINEVIEW RD 26085 DUBBO - COLLIE ROAD |
31-08-2015 | $880,000 | 2097 BURROWAY RD |
31-03-2015 | $655,891 | 2599 DUBBO-BURROWAY RD |
19-01-2015 | $445,000 | 299 MERRITS LANE |
16-12-2014 | $438,750 | 422 DUBBO-BURROWAY RD |
16-12-2014 | $438,750 | 232 LINCOLN LANE |
06-08-2013 | $950,000 | 2477 DUBBO-BURROWAY RD |
19-06-2013 | $390,000 | 1777 BURROWAY RD |
14-12-2012 | $1,250,000 | 1240 EUMUNGERIE RD |
28-02-2012 | $2,075,000 | 2284 DUBBO-BURROWAY RD |
26-10-2011 | $1,050,000 | 1240 EUMUNGERIE RD |
09-08-2011 | $560,000 | 2097 BURROWAY RD |
24-03-2011 | $410,000 | 2583 BURROWAY RD |
21-12-2009 | $300,000 | 559 COBBOCO RD |
22-10-2009 | $850,000 | 2477 DUBBO-BURROWAY RD |
21-04-2009 | $325,000 | 914 BURROWAY RD |
03-07-2008 | $400 | 1109 PINEVIEW RD |
10-10-2006 | $990,000 | 220 PINEVIEW RD |
07-10-2005 | $285,000 | 1776 EUMUNGERIE RD |
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