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Methul NSW 2701: Property Market Report & Real Estate Insights

Part of Coolamon, NSW

Property Market

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

Typical House Prices

Typical Homes & Property Types

Average Internet Speeds in Methul

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Methul Real Estate Market Outlook

Thinking about buying in Methul? Now could not be a better time, with just 81 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,359,000 with prices in this suburb ranging from $954,000 to $12,374,000. The approximate distance to the coast is 296 Km.

Living in Methul

In Methul 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 Methul 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. A mix of professions and above average income earners in Methul 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 Methul 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 Methul a better buying opportunity than it may have been in the past.

Instant Property Valuation



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2023-02-02 $12,318,822 2222 East West Road Methul, NSW
2020-04-01 $3,956,596 2137 Mary Gilmore Way Methul, NSW
2020-04-01 $3,956,596 784 Methul Road Methul, NSW
2017-03-21 $845,240 150 Harris Lane Methul, NSW
2016-09-05 $824,852 491 Ariah Road Methul, NSW
2016-02-01 $1,571,800 2804 East West Road Methul, NSW
2015-03-31 $940,287 309 Leahys Lane Methul, NSW
2015-03-31 $2,520,410 88 Methul Road Methul, NSW
2015-03-02 $927,494 2552 East West Road Methul, NSW
2012-05-11 $1,065,750 1471 Ariah Road Methul, NSW
2012-05-11 $1,065,750 147 Dyasons Lane Methul, NSW
2012-03-30 $785,376 1664 Mary Gilmore Way Methul, NSW
2011-05-27 $350,000 122 Gilmores Lane Methul, NSW
2011-03-29 $268,170 4982 Ardlethan Road Methul, NSW
2006-02-28 $495,000 32 Gibbons Lane Methul, NSW
2006-02-28 $495,718 1664 East West Road Methul, NSW
2005-07-01 $1,104,000 88 Methul Road Methul, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Methul a safe suburb?

Incidents Trend State Average

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Balmain East 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
Jan1.317.334.521.172.74.527.2
Feb2.016.931.828.677.14.423.7
Mar2.313.728.132.783.24.119.2
Apr1.28.823.339.890.73.115
May14.618.248.095.32.912.2
Jun1.42.514.560.797.72.89.3
Jul1.21.613.759.397.92.99.7
Aug1.21.31552.898.23.212.3
Sept1.53.619.542.794.93.617.2
Oct1.47.624.333.188.33.721.7
Nov1.611.528.127.2854.125
Dec1.314.431.522.076.44.428.0

source: Australian Government Bureau of Meteorology


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