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Dripstone
NSW, 2820 - Dubbo Regional

Thinking about buying in Dripstone? Now could not be a better time, with just 44 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,106,000 with prices in this suburb ranging from $16,000 to $12,629,000. The aproximate distance to the coast is 221 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Dripstone Real Estate Market Outlook

In Dripstone 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 Dripstone 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 Dripstone 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 Dripstone 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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Dripstone there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Dripstone 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-08-2024 $1,510,000 7888 BURRENDONG WAY
01-12-2022 $2,500,000 386 BURREL CREEK RD
20-06-2022 $560,000 8149 BURRENDONG WAY
23-06-2021 $90,000 659 DRIPSTONE RD
18-05-2021 $515,000 7798 BURRENDONG WAY
17-02-2021 $373,000 7796 BURRENDONG WAY
21-07-2020 $430,000 678 DRIPSTONE RD
28-01-2020 $1,400,000 8290 BURRENDONG WAY
09-01-2019 $1,788,506 22 BURREL CREEK RD
01-02-2018 $90,000 659 DRIPSTONE RD
13-07-2015 $25,000 673 DRIPSTONE RD
10-10-2013 $210,000 7747 BURRENDONG WAY
17-07-2013 $385,000 7578 BURRENDONG WAY
29-09-2010 $533,333 306 BURREL CREEK RD
13-07-2010 $50,000 649 DRIPSTONE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ApsleyNanima ReserveYarragalWellingtonNeureaMumbilLake BurrendongWuulumanMontefioresMount Arthur

Public Transport


General Points of Interest

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