Welby, a charming locality in the Wingecarribee Shire of New South Wales, is known for its serene environment and welcoming community, making it an appealing destination for homebuyers seeking a quieter lifestyle. The housing market in Welby has witnessed gradual growth, with a mix of residential options, including traditional cottages and modern family homes, often set on spacious plots. This variety caters to diverse preferences, whether you're a young family seeking room to grow or retirees looking for tranquility. While the prices in the broader Southern Highlands region have seen an upward trend due to its increasing popularity, Welby continues to offer relatively affordable housing compared to its neighboring towns, making it attractive for those wanting proximity to nature without breaking the bank.
Living in Welby offers a harmonious blend of rural charm and accessibility. The community is tight-knit, fostering a sense of belonging among residents, while the surrounding natural beauty, including lush landscapes and nearby reserves, provides ample opportunities for outdoor activities. Residents enjoy a peaceful lifestyle with the convenience of essential amenities and services available in nearby Mittagong and Bowral. The local schools, parks, and community centers enhance the family-friendly atmosphere. Welby's strategic location also means that the hustle and bustle of Sydney is just a manageable drive away, allowing for weekend escapes or commuting options for those working in the city but desiring the solace of country living.
Median Weekly Rent | $370.75 |
Median Monthly Mortgage | $1809.25 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.75 |
Average Age | 43.75 |
Average Income | $675.75 |
Average Cars Per Dwelling | 1.82 |
Average Properties Within 50M | 6 |
Typical 1 bed house | |
Typical 2 bed house | $811,000 |
Typical 3 bed house | $990,000 |
Typical 4 bed house | $997,000 |
Typical 5 bed house | $1,788,000 |
Typical 6 bed+ house | $1,908,000 |
Housing Stock
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Thinking about buying in Welby? Now could not be a better time, with just 489 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,029,000 with prices in this suburb ranging from $288,000 to $4,346,000. The aproximate distance to the coast is 41 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Welby 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 Welby 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. Lower than average industry presence in Welby we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Welby a better buying opportunity than it may have been in the past.
Instant Property ValuationMittagong Public School
Gib Gate School
St Michael's Catholic Primary School
Frensham School
(While the above schools are located with the suburb of Welby 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 | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
18-10-2024 | $757,500 | 96 Berrima Street |
17-10-2024 | $2,225,000 | 70 Old Hume Hwy |
15-10-2024 | $825,000 | 3 Currockbilly Street |
19-08-2024 | $2,225,000 | 70 Old Hume Hwy |
08-08-2024 | $865,000 | 72 Bowral Street |
01-08-2024 | $830,000 | 10 Bendooley Street |
31-07-2024 | $480,000 | 40 Meranie Street |
22-07-2024 | $700,000 | 102 Cobb Lane |
05-07-2024 | $760,000 | 100 Berrima Street |
01-05-2024 | $870,000 | 50 Mittagong Street |
30-04-2024 | $575,000 | 36 Mittagong Street |
12-02-2024 | $686,000 | 27 Currockbilly Street |
30-10-2023 | $820,000 | 73 Bowral Street |
25-10-2023 | $865,000 | 66 Joadja Street |
18-10-2023 | $1,080,000 | 54 Mittagong Street |
01-09-2023 | $665,000 | 16 Joadja Street |
27-07-2023 | $790,000 | 89 Bowral Street |
16-05-2023 | $940,000 | 26 Mittagong Street |
17-03-2023 | $660,000 | 1 Mandemar Street |
05-12-2022 | $755,000 | 71 Joadja Street |
07-11-2022 | $965,000 | 12 Meranie Street |
20-10-2022 | $785,000 | 25 Joadja Street |
16-09-2022 | $749,500 | 48 Bowral Street |
22-07-2022 | $800,000 | 34 Joadja Street |
14-04-2022 | $800,000 | 84 Berrima Lane |
31-03-2022 | $1,270,000 | 61 Colo Street |
21-01-2022 | $810,000 | 37 Meranie Street |
14-01-2022 | $850,000 | 20 Jellore Street |
12-11-2021 | $790,000 | 1 Jellore Street |
28-09-2021 | $680,000 | 102 Cobb Lane |
14-09-2021 | $845,000 | 67 Joadja Street |
12-08-2021 | $620,000 | 35 Meranie Street |
27-07-2021 | $641,000 | 29 Joadja Street |
14-07-2021 | $765,000 | 84 Berrima Street |
06-07-2021 | $725,000 | 76 Bowral Street |
18-06-2021 | $920,000 | 2 Bowral Lane |
10-06-2021 | $950,000 | 42 Old Hume Hwy |
14-05-2021 | $1,065,000 | 45 Bowral Street |
06-04-2021 | $650,000 | 8 Bendooley Street |
25-03-2021 | $795,000 | 79 Bowral Street |
19-03-2021 | $630,000 | 22 Jellore Street |
25-01-2021 | $305,000 | 43 Mittagong Street |
23-12-2020 | $615,000 | 49 Joadja Street |
30-11-2020 | $586,750 | 73 Berrima Street |
23-11-2020 | $510,000 | 3 Currockbilly Street |
11-11-2020 | $630,000 | 93 Mittagong Street |
30-10-2020 | $785,000 | 27 Joadja Street |
22-05-2020 | $490,000 | 71 Bowral Street |
09-04-2020 | $565,000 | 50 Old Hume Hwy |
07-04-2020 | $685,000 | 85 Berrima Street |
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