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New Italy
NSW, 2472 - Richmond Valley

Thinking about buying in New Italy? Now could not be a better time, with just 203 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,027,000 with prices in this suburb ranging from $76,000 to $1,901,000. New Italy is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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

New Italy Real Estate Market Outlook

In New Italy 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 New Italy 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 New Italy 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 New Italy 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.

Properties for sale New Italy

Elders 411 minyumai rd, new italy, nsw, 2472 Beds4 Bathrooms1 Parking 7

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of New Italy 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.

New Italy 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
Jan521.12866.994.63.824.9
Feb6.321.327.965.695.44.521.7
Mar4.220.427.466.897.14.118.3
Apr5.317.225.063.496.04.015.6
May3.913.522.063.395.13.412.6
Jun4.711.720.45993.33.511.1
Jul2.610.720.452.491.23.312.2
Aug2.610.921.545.589.83.615.6
Sept1.113.823.350.891.03.818.5
Oct3.116.224.558.893.14.021.7
Nov1.918.426.558.493.34.025.0
Dec2.619.827.262.994.63.925.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

11-10-2024 $990,000 411 MINYUMAI RD
28-06-2024 $920,000 93 MAHOGANY RD
23-08-2023 $530,500 590 MOONEM NEW ITALY RD
21-07-2023 $690,000 40 FOREST RD
18-07-2023 $799,265 1095 SWAN BAY NEW ITALY RD
17-05-2023 $100,000 8 CYPRESS RD
15-03-2023 $600,000 520 MOONEM NEW ITALY RD
11-10-2022 $77,500 8510 REDGATE RD
16-09-2022 $770,000 931 SWAN BAY NEW ITALY RD
05-05-2022 $987,000 75 FOREST RD
18-10-2021 $1,387,500 640 SWAN BAY NEW ITALY RD
05-03-2021 $450,000 8280 PACIFIC HWY
14-01-2021 $910,000 730 REARDONS LANE
18-12-2020 $540,000 899 SWAN BAY NEW ITALY RD
26-11-2020 $150,000 562 MOONEM NEW ITALY RD
20-02-2020 $250,000 130 WHITES RD
16-01-2020 $380,000 41 MAHOGANY RD
03-07-2019 $450,000 8120 PACIFIC HWY
21-06-2019 $650,000 155 WHITES RD
01-05-2019 $540,000 801 SWAN BAY NEW ITALY RD
18-04-2019 $160,000 8344 REDGATE RD
16-04-2019 $610,000 165 WHITES RD
03-04-2019 $590,000 919 SWAN BAY NEW ITALY RD
28-02-2019 $10,000 8348 REDGATE RD
31-01-2019 $10,000 8348 REDGATE RD
17-01-2019 $385,000 923 SWAN BAY NEW ITALY RD
12-10-2018 $420,000 40 FOREST RD
21-08-2018 $430,000 931 SWAN BAY NEW ITALY RD
06-07-2018 $300,000 1095 SWAN BAY NEW ITALY RD
28-06-2018 $526,000 905 SWAN BAY NEW ITALY RD
30-05-2018 $299,000 8342 REDGATE RD
10-04-2018 $479,000 6 NORTONS RD
06-02-2018 $588,053 730 REARDONS LANE
08-09-2017 $695,000 1130 SWAN BAY-NEW ITALY RD
20-06-2017 $439,000 8120 PACIFIC HWY
13-04-2017 $425,000 8180 PACIFIC HWY
21-10-2016 $465,000 1279 SWAN BAY-NEW ITALY RD
30-09-2016 $500,000 1175 SWAN BAY-NEW ITALY RD
28-09-2016 $50,000 1 FOREST
18-12-2015 $565,000 645 SWAN BAY-NEW ITALY RD
08-12-2015 $570,000 8655 PACIFIC HWY
10-08-2015 $255,000 562 MOONEM NEW ITALY RD
29-07-2014 $140,000 650 REARDONS LANE
05-06-2014 $302,000 640 MOONEM NEW ITALY RD
14-08-2013 $285,000 590 MOONEM NEW ITALY RD
24-05-2013 $470,000 8690 PACIFIC HWY
21-12-2012 $215,000 1045 SWAN BAY-NEW ITALY RD
19-10-2012 $150,000 8352 REDGATE RD
04-09-2012 $340,000 899 SWAN BAY-NEW ITALY RD
27-01-2012 $300,000 923 SWAN BAY-NEW ITALY RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Public Transport


General Points of Interest

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