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All About Old Adaminaby, Snowy Monaro Regional, NSW, 2629

Old Adaminaby, nestled in the picturesque Snowy Monaro Regional area of New South Wales, offers a unique and tranquil living experience that is increasingly attracting attention in the housing market. This charming village, steeped in history and surrounded by natural beauty, caters to those seeking a peaceful lifestyle away from the bustle of urban centers. The housing market in Old Adaminaby is characterized by its rustic appeal and affordability compared to more metropolitan areas. Properties here often include charming cottages and spacious homes that offer stunning views of the surrounding landscapes. The market has seen a steady interest from buyers looking for vacation homes or permanent residences immersed in nature, though it remains accessible for those new to homeownership.

Living in Old Adaminaby provides a serene lifestyle influenced by its natural surroundings and strong sense of community. Residents enjoy easy access to Lake Eucumbene, a popular spot for fishing, boating, and other water activities. The nearby Kosciuszko National Park also offers endless opportunities for hiking, birdwatching, and exploring the breathtaking Australian wilderness. The community is tight-knit, with a rich history linked to the Snowy Mountains Hydro-electric Scheme, offering a unique blend of historical significance and rural charm. With its peaceful environment, outdoor recreational opportunities, and a friendly community, Old Adaminaby promises a fulfilling lifestyle for those who appreciate the quiet beauty of the Australian countryside.

Household Makeup

Median Weekly Rent $240.00
Median Monthly Mortgage $1042.00
Median Persons Per bed houseroom 0.60
Average Household Size 2.00
Average Age 60.00
Average Income $642.00
Average Cars Per Dwelling 2.28
Average Properties Within 50M 5
Typical 2 bed house$317,000
Typical 3 bed house$480,000
Typical 4 bed house$809,000
Typical 5 bed house$495,000
Typical 6 bed+ house$812,000

Housing Stock

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Old Adaminaby Real Estate Market Outlook

Thinking about buying in Old Adaminaby? Now could not be a better time, with just 90 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $484,000 with prices in this suburb ranging from $136,000 to $1,109,000. The aproximate distance to the coast is 124 Km.

In Old Adaminaby 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 Old Adaminaby 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 Old Adaminaby 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 Old Adaminaby 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.

Instant Property Valuation

Houses for sale Old Adaminaby

RayWhite 24 Clancy Street, Old Adaminaby, NSW, 2629 Beds3 Bathrooms1 $500,000 - $540,000
Properties for sale in Old Adaminaby

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Old Adaminaby 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.

Old Adaminaby 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
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

30-09-2024 $480,000 12 Banjo Street
24-11-2023 $482,500 24 Clancy Street
14-11-2023 $595,000 12 Rainbow Street
18-09-2023 $240,000 11 Banjo Street
10-08-2022 $900,000 2 Denison Street
27-06-2022 $355,000 10 Banjo Street
21-06-2022 $380,000 5 Clancy Street
10-08-2021 $480,000 640 Old Adaminaby Road
20-01-2021 $301,500 18 Clancy Street
02-09-2020 $180,000 7 Clancy Street
04-06-2018 $225,000 19 Clancy Street
15-01-2018 $325,000 14 Rainbow Street
01-09-2017 $650,000 458 Old Adaminaby Road
19-05-2017 $150,000 12 Clancy Street
05-05-2017 $90,000 7 Rainbow Street
13-04-2017 $249,000 24 Clancy Street
31-05-2016 $188,000 1 Clancy Street
11-03-2016 $280,000 2 Clancy Street
08-05-2015 $420,000 13 Rainbow Street
15-01-2015 $190,000 9 Clancy Street
19-06-2013 $155,000 12 Clancy Street
19-04-2013 $50,000 6 Denison Street
29-06-2012 $155,000 10 Banjo Street
26-03-2012 $78,000 18 Banjo Street
29-08-2011 $250,000 14 Rainbow Street
17-05-2011 $380,000 6 Denison Street


General Points of Interest


Nearby Suburbs

Anglers ReachBraemar BayTolbarAdaminabyEucumbeneProvidence PortalBuckenderraFrying PanBroken DamNimmo

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