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Ganbenang
NSW, 2790 - Lithgow

Thinking about buying in Ganbenang? Now could not be a better time, with just 129 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $998,000 with prices in this suburb ranging from $186,000 to $4,709,000. The aproximate distance to the coast is 88 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

Ganbenang Real Estate Market Outlook

In Ganbenang 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 Ganbenang 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 Ganbenang 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 Ganbenang 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

Megalong Public School

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

Ganbenang 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
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

25-09-2024 $1,600,000 1756 GANBENANG RD
31-07-2024 $2,200,000 548 CULLENBENBONG RD
29-11-2023 $4,600,000 427 CULLENBENBONG RD
13-09-2023 $1,050,000 1451 GANBENANG RD
17-07-2023 $1,100,000 837 CULLENBENBONG RD
11-12-2020 $1,400,000 1728 GANBENANG RD
02-11-2020 $2,800,000 531 MARSDEN SWAMP RD
10-09-2020 $1,350,000 896 PEACH TREE RD
05-08-2020 $1,260,000 566 CULLENBENBONG RD
08-11-2019 $760,000 710 CULLENBENBONG RD
11-07-2019 $315,000 141 CULLENBENBONG RD
30-07-2018 $3,000,000 2493 JENOLAN CAVES RD
01-09-2017 $725,000 1037 MARSDEN SWAMP RD
11-05-2017 $250,000 380 GLEN CHEE RD
24-04-2017 $125,000 540 BLACK JERRY RIDGE RD
16-12-2016 $70,000 536 BLACK JERRY RIDGE RD
19-09-2016 $850,000 1728 GANBENANG RD
05-07-2016 $1,905,000 1050 CULLENBENBONG RD
15-01-2016 $1,100,000 1739 GANBENANG RD
17-12-2015 $440,000 145 CULLENBENBONG RD
02-11-2015 $475,000 837 CULLENBENBONG RD
14-10-2015 $375,000 818 MARSDEN SWAMP RD
22-06-2015 $520,000 2457 JENOLAN CAVES RD
11-09-2014 $215,000 139 CULLENBENBONG RD
22-08-2014 $550,000 165 TABLE ROCK RD
02-08-2013 $257,500 234 TABLE ROCK RD
28-09-2012 $428,000 710 CULLENBENBONG RD
31-01-2012 $885,000 236 TABLE ROCK RD
28-03-2011 $325,000 538 BLACK JERRY RIDGE RD
01-02-2011 $1,020,000 1739 GANBENANG RD
17-12-2010 $242,500 234 TABLE ROCK RD
09-04-2010 $995,000 1728 GANBENANG RD
29-10-2009 $350,000 1667 GANBENANG RD
23-06-2009 $238,500 145 CULLENBENBONG RD
01-04-2008 $210,000 234 TABLE ROCK RD
08-11-2007 $457,500 1667 GANBENANG RD
13-06-2006 $500,000 2457 JENOLAN CAVES RD
08-03-2005 $760,000 2493 JENOLAN CAVES RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Megalong ValleyMegalongLowtherHamptonKanimblaJenolanGood ForestLittle HartleyMedlow BathKatoomba

Public Transport


General Points of Interest

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