Thinking about buying in Blue Mountains? Now could not be a better time, with just 237 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,502,000 with prices in this suburb ranging from $174,000 to $4,600,000. The aproximate distance to the coast is 83 Km.
Median Weekly Rent | $450.00 |
Median Monthly Mortgage | $1733.00 |
Median Persons Per Bedroom | 0.60 |
Average Household Size | 2.00 |
Average Age | 53.00 |
Average Income | $662.00 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 3 |
2 Bed  $936,000 |
3 Bed  $2,498,000 |
4 Bed  $3,421,000 |
5 Bed  $2,716,000 |
6 Bed+$1,578,000 |
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 Blue Mountains 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 Blue Mountains 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. With very low industrial sector presence in Blue Mountains 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.
The Blue Mountains is a region located on the outskirts of Sydney’s metropolitan area in New South Wales. Named for the vast mountain range which comprises its terrain, it is home to a number of major towns, including Katkoomba, the largest settlement in the region. IT is serviced by the Great Western Highway and the Main Western railway. The entire mountain range was unanimously listed as a UNESCO world heritage site in 2000, and with a population of 79000 several of the towns there are quite sizeable and offer stunning views. Historically the Blue Mountains had been inhabited for thousands of years by the Gundungurra people before Western settlers arrived, and there is still a significant aboriginal presence in the Blue Mountains.
The area enjoys a lot of tourism due to a number of attractions including the Three Sisters, a world-famous rock formation that is considered a major landmark, and the Edge Cinema, offering panoramic views of the region to visitors. Property in the Blue Mountains is cheaper than that in Sydney despite the beautiful vistas, proximity to the city and excellent transport links. Due to its status as a mountainous region, much of the surrounding terrain is difficult to traverse, leading to almost all inhabitants of the region being located a very small distance from town centres.
796 PEACH TREE RD, MEGALONG VALLEY, NSW, 2785 | 2 | 1 | Auction |
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
23-10-2024 | $910,000 | 1157 MEGALONG RD |
03-09-2024 | $1,000,000 | 707 PEACH TREE RD |
30-08-2024 | $1,250,000 | 125 CALOOLA HALT RD |
03-05-2024 | $1,250,000 | 125 CALOOLA HALT RD |
11-04-2023 | $1,650,000 | 796 PEACH TREE RD |
13-09-2022 | $1,250,000 | 167 NELLIES GLEN RD |
22-08-2022 | $1,750,000 | 544 PEACH TREE RD |
11-02-2022 | $3,200,000 | 691 PEACH TREE RD |
16-09-2021 | $2,300,000 | 20 PINNACLE RD |
26-07-2021 | $2,410,000 | 216 NELLIES GLEN RD |
09-06-2021 | $200,000 | 167 NELLIES GLEN RD |
07-05-2021 | $1,475,000 | 165 NELLIES GLEN RD |
26-04-2021 | $1,800,000 | 101 BUTFIELD RD |
27-11-2020 | $3,484,430 | 829 MEGALONG RD |
27-11-2020 | $2,450,000 | 125 CALOOLA HALT RD |
13-10-2020 | $900,000 | 540 PEACH TREE RD |
19-06-2020 | $1,230,000 | 544 PEACH TREE RD |
22-05-2020 | $1,425,000 | 23 PINNACLE RD |
18-02-2019 | $1,200,000 | 767 MEGALONG RD |
14-02-2019 | $2,300,000 | 373 PEACH TREE RD |
15-06-2018 | $125,000 | 11 WARD RD |
28-02-2018 | $400,000 | 671 MEGALONG RD |
06-12-2017 | $890,000 | 840 MEGALONG RD |
08-09-2017 | $3,000,000 | 936 MEGALONG RD |
18-08-2017 | $937,000 | 682 PEACH TREE RD |
23-06-2017 | $900,000 | 540 PEACH TREE RD |
11-12-2015 | $820,000 | 682 PEACH TREE RD |
25-11-2015 | $860,000 | 584 PEACH TREE RD |
01-09-2015 | $1,375,000 | 829 MEGALONG RD |
25-06-2015 | $782,000 | 2070 MEGALONG RD |
25-05-2015 | $965,000 | 836 PEACH TREE RD |
02-02-2015 | $735,000 | 707 PEACH TREE RD |
12-11-2014 | $440,000 | 796 PEACH TREE RD |
17-07-2014 | $380,000 | 872 MEGALONG RD |
05-05-2014 | $425,000 | 542 PEACH TREE RD |
06-06-2012 | $365,000 | 1172 MEGALONG RD |
23-07-2010 | $547,000 | 91 PEACH TREE RD |
17-02-2010 | $390,000 | 707 PEACH TREE RD |
23-12-2009 | $470,000 | 558 PEACH TREE RD |
20-11-2009 | $275,000 | 2075 MEGALONG RD |
16-06-2006 | $1,385,000 | 859 PEACH TREE RD |
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