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.
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 |
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 |
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.
13 BINDA RD, MULWALA, NSW, 2647 | 4 | 2 | 6 | ||
58 MCKEE ST, MULWALA, NSW, 2647 | 3 | 2 | 2 | ||
52A MELBOURNE ST, MULWALA, NSW, 2647 | 5 | 3 | 4 | $2,700,000 - 2,800,000 | |
50 COROWA RD, MULWALA, NSW, 2647 | 4 | 2 | 2 | $970,000 - $1,065,000 | |
130 OLD MILL RD, MULWALA, NSW, 2647 | 4 | 2 | 1 | Expressions Of Interest | |
17-27 PIMPALA CR, MULWALA, NSW, 2647 | 4 | 2 | 12 | $999,000 | |
24 WANANI RD, MULWALA, NSW, 2647 | 4 | 2 | 7 | Offers over $1,350,000 | |
75 MCKEE ST, MULWALA, NSW, 2647 | 3 | 2 | 6 | $570,000 |
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)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 | 16 | 33.5 | 21.7 | 75.9 | 4.2 | 27.4 |
Feb | 2.1 | 16 | 31.7 | 28.0 | 81.3 | 3.6 | 23.4 |
Mar | 1.3 | 13.3 | 28.0 | 32.0 | 83.8 | 3.5 | 19.1 |
Apr | 1.3 | 9.7 | 23.2 | 40.3 | 90.0 | 3.0 | 14.4 |
May | 1.0 | 6.0 | 18.0 | 53.2 | 95.8 | 2.8 | 10.4 |
Jun | 1.2 | 3.7 | 14.2 | 66.4 | 96.7 | 2.6 | 8.3 |
Jul | 1.5 | 3.8 | 13.8 | 66.9 | 97.6 | 3.0 | 8.7 |
Aug | 1.3 | 3.5 | 15.2 | 57.0 | 95.6 | 3.0 | 11.8 |
Sept | 1.4 | 5.1 | 18.9 | 46.4 | 95.6 | 3.4 | 16.3 |
Oct | 1.0 | 7.6 | 24.1 | 34 | 92.8 | 3.5 | 21.5 |
Nov | 1.4 | 11.3 | 28.0 | 26.8 | 87.4 | 3.9 | 25.0 |
Dec | 1.8 | 14.2 | 31.3 | 22.4 | 79.3 | 4.0 | 28.3 |
source: Australian Government Bureau of Meteorology
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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