Thinking about buying in Wellingrove? Now could not be a better time, with just 102 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $768,000 with prices in this suburb ranging from $212,000 to $3,930,000. The aproximate distance to the coast is 157 Km.
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In Wellingrove 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 Wellingrove 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 Wellingrove 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 Wellingrove 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.
WANGALEA, 5107 KINGS PLAINS RD, WELLINGROVE, NSW, 2370 | 3 | 2 | 1 | $1,700,000 |
None within suburb boundary
(While the above schools are located with the suburb of Wellingrove 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 | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
09-11-2023 | $1,450,000 | 5107 KINGS PLAINS RD |
16-06-2023 | $5,100,000 | 665 POLHILL RD |
30-03-2023 | $2,650,000 | 347 WELLINGROVE RD |
14-03-2023 | $6,500,000 | 4194 NULLAMANNA RD |
10-08-2022 | $3,985,000 | 381 RUWENZORIE RD |
27-04-2022 | $739,000 | 215 RUWENZORIE RD |
21-12-2021 | $4,425,000 | 4194 NULLAMANNA RD |
20-09-2021 | $210,000 | 25 ARNOLDS RD |
27-01-2021 | $500,000 | 4523 KINGS PLAINS RD |
18-06-2020 | $1,445,000 | 2563 STRATHBOGIE RD |
08-08-2018 | $680,000 | 4854 NULLAMANNA RD |
23-02-2018 | $175,000 | 204 WELLINGROVE RD |
18-12-2017 | $280,000 | 895 POLHILL RD |
20-02-2017 | $460,000 | 25 ARNOLDS RD |
02-09-2016 | $587,500 | 5027 KINGS PLAINS RD |
24-06-2016 | $320,000 | 4696 NULLAMANNA RD |
20-05-2016 | $790,000 | 431 RUWENZORIE RD |
27-02-2015 | $350,000 | 1006 POLHILL RD |
18-12-2014 | $1,200,000 | 1591 STRATHBOGIE RD |
16-10-2013 | $402,000 | 686 POLHILL RD |
05-12-2012 | $50,000 | 5107 KINGS PLAINS RD |
20-07-2010 | $820,000 | 5107 KINGS PLAINS RD |
01-07-2009 | $400,000 | 392 WELLINGROVE RD |
20-03-2009 | $1,500 | 3402 STRATHBOGIE RD |
22-05-2008 | $250,000 | 4194 NULLAMANNA RD |
29-10-2007 | $400,000 | 5027 KINGS PLAIN RD |
15-08-2006 | $4,000 | 932 MAIDS VALLEY RD |
05-05-2006 | $325,000 | 2574 STRATHBOGIE RD |
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