Thinking about buying in Bimbimbie? Now could not be a better time, with just 65 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $908,000 with prices in this suburb ranging from $280,000 to $4,134,000. Bimbimbie is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $1517.00 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 3.00 |
Average Age | 49.00 |
Average Income | $631.00 |
Average Cars Per Dwelling | 2.33 |
Average Properties Within 50M | 1 |
1 Bed  $853,000 |
2 Bed  $805,000 |
3 Bed  $1,045,000 |
4 Bed  $1,199,000 |
5 Bed  $890,000 |
6 Bed+$1,877,000 |
In Bimbimbie 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 Bimbimbie 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 Bimbimbie 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 Bimbimbie 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.
136 BIMBIMBIE RD, BIMBIMBIE, NSW, 2536 | 4 | 2 | 2 | $1,240,000 to $1,280,000 |
None within suburb boundary
(While the above schools are located with the suburb of Bimbimbie 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 | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
08-08-2024 | $1,200,000 | 51 MARGARET DR |
04-06-2024 | $1,575,000 | 59 MARGARET DR |
10-05-2024 | $1,250,000 | 1 MARGARET DR |
18-03-2024 | $555,000 | 1562 PRINCES HWY |
03-11-2023 | $955,000 | 43 MARGARET DR |
21-06-2023 | $1,210,000 | 41 BIMBIMBIE LANE |
25-03-2021 | $775,000 | 44 SHANI PL |
10-11-2020 | $305,000 | 95 BIMBIMBIE RD |
01-05-2020 | $202,500 | 11 MISONS RD |
27-03-2020 | $226,000 | 1 MARGARET DR |
15-01-2018 | $210,000 | 38 MARGARET DR |
21-12-2017 | $420,000 | 36 MARGARET DR |
30-06-2017 | $190,000 | 95 BIMBIMBIE RD |
30-06-2017 | $520,000 | 1556 PRINCES HWY |
15-03-2017 | $835,000 | 153 MAULBROOKS RD |
18-11-2016 | $245,000 | 51 MARGARET DR |
01-11-2016 | $345,000 | 16 NORMAN PL |
06-10-2015 | $450,000 | 27 SHANI PL |
07-09-2015 | $600,000 | 25 MISONS RD |
08-07-2015 | $185,000 | 1562 PRINCES HWY |
10-06-2014 | $213,500 | 51 MARGARET DR |
05-05-2014 | $300,000 | 23 MISONS RD |
16-09-2013 | $415,000 | 130 BIMBIMBIE RD |
19-07-2013 | $236,000 | 48 MARGARET DR |
21-03-2013 | $155,000 | 95 BIMBIMBIE RD |
14-12-2012 | $180,000 | 22 NORMAN PL |
10-08-2012 | $585,000 | 31 LYNCHS LANE |
16-05-2012 | $195,000 | 48 MARGARET DR |
22-03-2012 | $195,000 | 17 NORMAN PL |
24-06-2011 | $185,000 | 51 MARGARET DR |
13-05-2011 | $450,000 | 51 LYNCHS LANE |
27-10-2010 | $1,419,239 | 84 BIMBIMBIE RD |
19-10-2010 | $425,000 | 42 SHANI PL |
03-05-2010 | $385,000 | 44 SHANI PL |
09-12-2009 | $200,000 | 2 MARGARET DR |
30-07-2009 | $184,000 | 48 MARGARET DR |
30-06-2008 | $581,000 | 41 LYNCHS LANE |
13-04-2007 | $540,000 | 1554 PRINCES HWY |
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