Thinking about buying in Cargo? Now could not be a better time, with just 367 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $715,000 with prices in this suburb ranging from $36,000 to $3,057,000. The aproximate distance to the coast is 208 Km.
Household Makeup
| Median Weekly Rent | $280.00 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 38.00 |
| Average Income | $804.00 |
| Average Cars Per Dwelling | 1.86 |
| Average Properties Within 50M | 2 |
Housing Stock
Average Property Prices
| 1 Bed $495,000 |
| 3 Bed $528,000 |
| 4 Bed $748,000 |
| 5 Bed $1,094,000 |
| 6 Bed+$892,000 |
Cargo Real Estate Market Outlook
In Cargo 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cargo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cargo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Cargo 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 Cargo a better buying opportunity than it may have been in the past.
Houses for sale Cargo
|
2585 cargo rd, cargo, nsw, 2800 |  |
 |
$400,000 |
Local Schools
Cargo Public School
(While the above schools are located with the suburb of Cargo there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cargo weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
| Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
| Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
| Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
| May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
| Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
| Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
| Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
| Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
| Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
| Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
| Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 15-03-2024 | $590,000 | 9 FORBES ST |
| 23-02-2024 | $370,000 | 3 HICKS ST |
| 06-09-2023 | $650,000 | 10 FORBES ST |
| 18-08-2023 | $560,000 | 3616 CARGO RD |
| 31-07-2023 | $65,000 | 13 THOMPSON ST |
| 21-06-2023 | $475,000 | 2 MAYNE ST |
| 20-06-2023 | $27,000,000 | 817 BAGHDAD RD |
| 20-03-2023 | $545,000 | 1994 DAVYS PLAINS RD |
| 17-03-2023 | $1,200,000 | 146 EDINBORO LANE |
| 01-03-2023 | $180,000 | 41 BELMORE ST |
| 21-02-2023 | $500,000 | 13 LOFTUS ST |
| 25-01-2023 | $760,000 | 20 DALTON ST |
| 11-11-2022 | $1,150,000 | 201 WILSONS LANE |
| 30-09-2022 | $820,000 | 38 DALTON ST |
| 22-08-2022 | $975,000 | 2762 CARGO RD |
| 19-08-2022 | $690,000 | 15 LOFTUS ST |
| 14-07-2022 | $1,175,000 | 249 EDINBORO LANE |
| 07-06-2022 | $705,000 | 26 LOFTUS ST |
| 27-05-2022 | $200,000 | 12 MAYNE ST |
| 17-05-2022 | $690,000 | 1 BELMORE ST |
| 28-04-2022 | $505,000 | 12 THOMPSON ST |
| 26-04-2022 | $545,000 | 3616 CARGO RD |
| 14-04-2022 | $710,000 | 1225 SOUTH BOWAN PARK RD |
| 17-12-2021 | $560,000 | 30 SHARP ST |
| 26-11-2021 | $535,000 | 4 SHERWIN ST |
| 19-10-2021 | $120,000 | 3 THOMPSON ST |
| 17-09-2021 | $1,600,000 | 3004 CARGO RD |
| 14-09-2021 | $150,000 | 5 THOMPSON ST |
| 06-09-2021 | $335,000 | 2 SHORT ST |
| 06-09-2021 | $235,000 | 20 SHARP ST |
| 06-09-2021 | $335,000 | 2 SHORT ST |
| 06-09-2021 | $235,000 | 20 SHARP ST |
| 27-08-2021 | $16,050,000 | 30 BOHRINGER LANE |
| 08-06-2021 | $200,000 | 18 POWERS ST |
| 25-03-2021 | $740,000 | 249 EDINBORO LANE |
| 15-02-2021 | $505,000 | 34 BELMORE ST |
| 18-12-2020 | $735,000 | 12 SHERWIN ST |
| 16-10-2020 | $300,000 | 5 MAYNE ST |
| 25-06-2020 | $412,000 | 4 BROOKS ST |
| 05-05-2020 | $190,000 | 6 HAMILTON ST |
| 21-02-2020 | $35,000 | 6 UNION ST |
| 20-12-2019 | $250,000 | 20 CHURCH ST |
| 19-12-2019 | $550,000 | 4148 CARGO RD |
| 13-12-2019 | $360,000 | 8 MISTY CL |
| 06-12-2019 | $25,000 | 48 DALTON ST |
| 26-11-2019 | $340,000 | 10 FORBES ST |
| 21-11-2019 | $440,000 | 17 LOFTUS ST |
| 16-10-2019 | $100,000 | 26 SHERWIN ST |
| 16-09-2019 | $382,500 | 8 BROOKS ST |
| 30-08-2019 | $350,000 | 1 GREENSLOPES PL |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Orange East Fork - Greater then 10KM
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