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Federation
NSW, 2647

Thinking about buying in Federation? Now could not be a better time, with 2886 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $748,000 with prices in this suburb ranging from $20,000 to $19,766,000. The aproximate distance to the coast is 219 Km.

Household Makeup

Median Weekly Rent $284.62
Median Monthly Mortgage $1474.54
Median Persons Per Bedroom 0.71
Average Household Size 2.38
Average Age 53.85
Average Income $663.46
Average Cars Per Dwelling 1.92
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $417,000
2 Bed  $374,000
3 Bed  $830,000
4 Bed  $901,000
5 Bed  $1,519,000
6 Bed+$755,000

Federation Real Estate Market Outlook

In Federation 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 Federation 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 Federation 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 Federation 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.

Houses for sale Federation

Elders 52A MELBOURNE ST, MULWALA, NSW, 2647 Beds5 Bathrooms3 Parking 4 $2,700,000 - 2,800,000
Elders 50 COROWA RD, MULWALA, NSW, 2647 Beds4 Bathrooms2 Parking 2 $970,000 - $1,065,000
Elders 130 OLD MILL RD, MULWALA, NSW, 2647 Beds4 Bathrooms2 Parking 1 Expressions Of Interest
Elders 17-27 PIMPALA CR, MULWALA, NSW, 2647 Beds4 Bathrooms2 Parking 12 $999,000
Elders 24 WANANI RD, MULWALA, NSW, 2647 Beds4 Bathrooms2 Parking 7 Offers over $1,350,000
Elders 75 MCKEE ST, MULWALA, NSW, 2647 Beds3 Bathrooms2 Parking 6 $570,000

Local Schools

Mulwala Public School

Sacred Heart College

Sacred Heart Primary School

Yarrawonga College P-12

(While the above schools are located with the suburb of Federation 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.

Federation 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
Jan1.31633.521.775.94.227.4
Feb2.11631.728.081.33.623.4
Mar1.313.328.032.083.83.519.1
Apr1.39.723.240.390.03.014.4
May1.06.018.053.295.82.810.4
Jun1.23.714.266.496.72.68.3
Jul1.53.813.866.997.63.08.7
Aug1.33.515.257.095.63.011.8
Sept1.45.118.946.495.63.416.3
Oct1.07.624.13492.83.521.5
Nov1.411.328.026.887.43.925.0
Dec1.814.231.322.479.34.028.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

01-11-2024 $640,000 95 ROMNEY ST
25-10-2024 $1,000,000 5 KOOKABURRA WAY
24-10-2024 $470,000 3 / 97 MELBOURNE ST
18-10-2024 $645,000 13 WANANI RD
07-10-2024 $132,500 3 HOAC CT
03-10-2024 $435,000 1 / 30 MCGRATH ST
30-09-2024 $345,000 2 / 140 MANNERS ST
30-09-2024 $690,000 4 WING CRES
19-09-2024 $640,000 33 HUME ST
22-08-2024 $638,000 51 HAVELOCK ST
06-08-2024 $495,000 4 ANGLERS CL
02-08-2024 $576,000 30 STURT ST
02-08-2024 $660,000 28 / 41 CYPRESS DR
01-08-2024 $780,000 10 INGLIS ST
29-07-2024 $540,000 97 ROMNEY ST
26-07-2024 $495,000 39 DEFENCE DR
11-07-2024 $272,250 75 MCCARTHY ST
10-07-2024 $980,000 133 MELBOURNE ST
24-06-2024 $558,000 47 HUME ST
21-06-2024 $700,000 52 MCCARTHY ST
19-06-2024 $335,000 5 / 6 LAKEVIEW CT
17-06-2024 $544,500 43 DEFENCE DR
13-06-2024 $430,000 138 LUCAN ST
12-06-2024 $295,000 3 / 20 STURT ST
06-06-2024 $565,000 32 DUNMORE ST
05-06-2024 $478,000 1 / 8 HEATHER CCT
27-05-2024 $590,000 103 LUCAN ST
08-05-2024 $685,000 17 / 41 CYPRESS DR
08-05-2024 $676,000 55 DEFENCE DR
07-05-2024 $1,200,000 16 KINGFISHER DR
06-05-2024 $310,000 26 CYPRESS WAY
19-04-2024 $715,000 50 DEFENCE DR
15-04-2024 $715,000 2 WARATAH RD
28-03-2024 $470,000 4 / 97 MELBOURNE ST
18-03-2024 $720,000 2 MCGRATH ST
15-03-2024 $550,000 41 COROWA RD
04-03-2024 $369,000 1 / 38 ERNE ST
02-02-2024 $360,000 4 / 12 STURT ST
31-01-2024 $540,000 69 MCKEE ST
29-01-2024 $1,000,000 8 / 212 MELBOURNE ST
18-01-2024 $495,000 27 STURT ST
19-12-2023 $489,000 60 STURT ST
19-12-2023 $1,630,000 7 CYPRESS DR
13-12-2023 $575,000 27 PAYNE ST
05-12-2023 $475,000 1 ANGLERS CL
05-12-2023 $670,000 60 MCKEE ST
04-12-2023 $475,000 16 HICKS ST
04-12-2023 $80,000 100 HUME ST
01-12-2023 $740,000 61 WANANI RD
01-12-2023 $935,000 115 MELBOURNE ST

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Nearby Suburbs

MulwalaYarrawongaRennieBundalongCollendinaBurramineYarrawonga SouthRingwoodBoomanoomanaEsmond


General Points of Interest

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