Part of Coolamon, NSW
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
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Thinking about buying in Rannock? Now could not be a better time, with just 86 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,828,000 with prices in this suburb ranging from $564,000 to $3,815,000. The approximate distance to the coast is 281 Km.
In Rannock 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 Rannock 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 Rannock 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 Rannock 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 Rannock a better buying opportunity than it may have been in the past.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2023-02-01 | $1,053,362 | 313 Allens Lane | Rannock, NSW |
| 2020-07-16 | $48,000 | 2245 Rannock Road | Rannock, NSW |
| 2020-06-25 | $496,010 | 344 Menzies Lane | Rannock, NSW |
| 2017-08-08 | $2,355,000 | 523 Springwood Road | Rannock, NSW |
| 2016-10-14 | $110,000 | 2231 Rannock Road | Rannock, NSW |
| 2016-10-05 | $686,400 | 231 Old Wagga South Road | Rannock, NSW |
| 2016-08-03 | $787,500 | 531 Higmans Lane | Rannock, NSW |
| 2016-02-12 | $844,800 | 200 Blairs Lane | Rannock, NSW |
| 2016-02-05 | $1,400,000 | 402 Ariah Road | Rannock, NSW |
| 2016-01-29 | $304,000 | 313 Allens Lane | Rannock, NSW |
| 2013-09-16 | $1,094,376 | 453 Allens Lane | Rannock, NSW |
| 2013-09-16 | $849,600 | 720 East West Road | Rannock, NSW |
| 2011-11-30 | $130,000 | 2250 Rannock Road | Rannock, NSW |
No local schools recorded within the suburb boundary.
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 | 17.3 | 34.5 | 21.1 | 72.7 | 4.5 | 27.2 |
| Feb | 2.0 | 16.9 | 31.8 | 28.6 | 77.1 | 4.4 | 23.7 |
| Mar | 2.3 | 13.7 | 28.1 | 32.7 | 83.2 | 4.1 | 19.2 |
| Apr | 1.2 | 8.8 | 23.3 | 39.8 | 90.7 | 3.1 | 15 |
| May | 1 | 4.6 | 18.2 | 48.0 | 95.3 | 2.9 | 12.2 |
| Jun | 1.4 | 2.5 | 14.5 | 60.7 | 97.7 | 2.8 | 9.3 |
| Jul | 1.2 | 1.6 | 13.7 | 59.3 | 97.9 | 2.9 | 9.7 |
| Aug | 1.2 | 1.3 | 15 | 52.8 | 98.2 | 3.2 | 12.3 |
| Sept | 1.5 | 3.6 | 19.5 | 42.7 | 94.9 | 3.6 | 17.2 |
| Oct | 1.4 | 7.6 | 24.3 | 33.1 | 88.3 | 3.7 | 21.7 |
| Nov | 1.6 | 11.5 | 28.1 | 27.2 | 85 | 4.1 | 25 |
| Dec | 1.3 | 14.4 | 31.5 | 22.0 | 76.4 | 4.4 | 28.0 |
source: Australian Government Bureau of Meteorology
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