Tambar Springs, located in the Warrumbungle region of New South Wales, presents a unique perspective on the Australian housing market. The area's real estate scene is characterized by its rural charm and affordability compared to the bustling metropolitan areas of the state. Housing options primarily consist of quaint cottages and farmland properties, offering buyers and investors an opportunity to own larger parcels of land at a relatively low cost. This affordability, coupled with the area's serene environment, makes it an attractive option for those looking to escape the hustle and bustle of city life. While the market here isn't as fast-paced as in urban centers, it attracts those who value space, tranquility, and a tight-knit community atmosphere.
Living in Tambar Springs is akin to stepping back in time, where life's pace is slower, and the community spirit is palpable. Residents enjoy a peaceful rural lifestyle surrounded by natural beauty, with the iconic Warrumbungle National Park just a short drive away, providing options for outdoor recreation like hiking and bird watching. Life here is marked by an appreciation for simplicity and local culture, with community events and gatherings fostering strong neighborly bonds. Moreover, the town's remoteness offers a sense of privacy and solitude, ideal for individuals and families who prioritize a quiet, laid-back lifestyle over the conveniences of city living. While the remoteness might mean fewer amenities and services, the trade-off is a rich, community-focused lifestyle amidst beautiful landscapes.
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Thinking about buying in Tambar Springs? Now could not be a better time, with just 370 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $326,000 with prices in this suburb ranging from $18,000 to $1,994,000. The aproximate distance to the coast is 221 Km.
In Tambar Springs 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 Tambar Springs 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 Tambar Springs 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 Tambar Springs 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 ValuationTambar Springs Public School
(While the above schools are located with the suburb of Tambar Springs 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 | 1.9 | 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
17-09-2024 | $75,000 | 69 High Street |
30-08-2024 | $270,000 | 215 Werribee Road |
30-05-2024 | $55,000 | 42 Bomera Street |
05-04-2024 | $280,000 | 8710 Black Stump Way |
20-12-2023 | $120,000 | 12 Pugh Street |
04-05-2023 | $55,000 | 71 Tamba Street |
08-03-2023 | $65,000 | 30 High Street |
14-10-2022 | $24,000 | 41 High Street |
07-09-2022 | $380,000 | 100 High Street |
10-08-2022 | $40,000 | 41 Bando Street |
19-07-2022 | $55,000 | 42 Bomera Street |
17-06-2022 | $24,000 | 42 Bomera Street |
17-06-2022 | $18,000 | 41 Bando Street |
14-03-2022 | $27,000 | 26 Merrigula Street |
23-12-2021 | $25,000 | 15 Bomera Street |
14-12-2021 | $580,000 | 588 Nullawa Road |
10-09-2021 | $67,500 | 12 Pugh Street |
20-08-2021 | $55,000 | 69 High Street |
23-07-2021 | $18,000 | 61 High Street |
16-07-2021 | $1,400,000 | 800 Brunskills Road |
27-04-2021 | $40,000 | 66 Tamba Street |
15-04-2021 | $2,800,000 | 1357 Wandobah Road |
25-03-2021 | $190,000 | 100 High Street |
10-03-2021 | $19,500 | 46 Bomera Street |
09-02-2021 | $135,000 | 33 High Street |
03-02-2021 | $185,000 | 8432 Black Stump Way |
16-12-2020 | $640,000 | 8722 Black Stump Way |
08-09-2020 | $600,000 | 96 Werribee Road |
02-09-2020 | $2,500,000 | 150 Treloar Road |
19-08-2020 | $105,000 | 37 Werribee Road |
29-07-2020 | $1,835,080 | 9452 Black Stump Way |
29-06-2020 | $19,000 | 31 Merrigula Street |
21-05-2020 | $1,440,500 | 1655 Trinkey Forest Road |
16-04-2020 | $17,000 | 40 Bomera Street |
29-11-2018 | $43,000 | 2 Tamba Street |
23-08-2018 | $2,575,000 | 8688 Black Stump Way |
17-08-2018 | $40,000 | 69 High Street |
22-02-2018 | $24,950 | 46 Bomera Street |
15-02-2018 | $100,000 | 73 Tamba Street |
03-11-2017 | $27,500 | 21 High Street |
16-10-2017 | $15,000 | 77 High Street |
25-08-2017 | $30,000 | 57 Tamba Street |
28-07-2017 | $137,000 | 6 Tamba Street |
20-07-2017 | $18,000 | 27 Merrigula Street |
03-07-2017 | $13,000 | 9 Bomera Street |
19-05-2017 | $195,000 | 8576 Black Stump Way |
10-05-2017 | $4,340,000 | 5211 Coonabarabran Road |
01-05-2017 | $100,000 | 1 Flags Rockedgiel Road |
07-11-2016 | $57,750 | 30 Merrigula Street |
03-06-2016 | $10,000 | 19 Merrigula Street |
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