Thinking about buying in South Wolumla? Now could not be a better time, with just 104 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $929,000 with prices in this suburb ranging from $613,000 to $1,930,000. South Wolumla is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In South Wolumla 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 South Wolumla 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 South Wolumla 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 South Wolumla 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.
411 SOUTH WOLUMLA RD, SOUTH WOLUMLA, NSW, 2550 | 4 | 2 | 2 | $799,000 |
Wolumla Public School
(While the above schools are located with the suburb of South Wolumla 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 | 1.9 | 17.0 | 22.6 | 64.5 | 90 | 8.1 | 21.9 |
Feb | 2.6 | 17.0 | 22.5 | 65.8 | 90.9 | 7.5 | 18.4 |
Mar | 2.8 | 15.8 | 21.6 | 61.1 | 89.2 | 7.5 | 15.7 |
Apr | 2.2 | 14.0 | 20.2 | 58.5 | 88.6 | 6.6 | 12.8 |
May | 2.5 | 11.3 | 17.4 | 57.4 | 88.8 | 7.0 | 9.6 |
Jun | 3.3 | 9.7 | 15.5 | 59 | 88.9 | 6.7 | 7.7 |
Jul | 1.7 | 8.8 | 15.0 | 54.2 | 87.6 | 6.5 | 8.5 |
Aug | 2.1 | 8.9 | 15.7 | 50.9 | 87.6 | 7 | 11 |
Sept | 2.1 | 10.5 | 17.1 | 56.1 | 89.3 | 8 | 14.9 |
Oct | 2.4 | 11.4 | 17.9 | 56.5 | 89.2 | 8.1 | 19.3 |
Nov | 2.2 | 13.8 | 19.7 | 60.8 | 89.3 | 8.3 | 23.3 |
Dec | 2.0 | 15.1 | 21.0 | 61.0 | 88.4 | 8.4 | 25.1 |
source: Australian Government Bureau of Meteorology
12-07-2024 | $890,000 | 189 FERNDALE LANE |
19-12-2023 | $820,000 | 73 COCHRANES RD |
15-09-2023 | $710,000 | 411 SOUTH WOLUMLA RD |
20-12-2022 | $1,300,000 | 49 EAST COCHRANES RD |
20-11-2020 | $785,000 | 17 LILLIAN CL |
23-10-2020 | $650,000 | 52 SOUTH WOLUMLA RD |
06-10-2020 | $710,000 | 53 COCHRANES RD |
24-08-2020 | $600,000 | 86 SOUTH WOLUMLA RD |
03-04-2020 | $450,000 | 45 KALLATA LANE |
23-01-2020 | $2,200,000 | 39 ATKINS ANDERSON RD |
08-11-2019 | $730,000 | 200 SOUTH WOLUMLA RD |
24-09-2019 | $810,000 | 29 EAST COCHRANES RD |
18-02-2019 | $715,000 | 17 LILLIAN CL |
03-12-2018 | $305,000 | 411 SOUTH WOLUMLA RD |
17-08-2018 | $620,000 | 473 SOUTH WOLUMLA RD |
23-01-2018 | $555,000 | 3 SOUTH WOLUMLA RD |
15-01-2018 | $597,000 | 19 EAST COCHRANES RD |
21-06-2016 | $399,000 | 47 COCHRANES RD |
02-07-2015 | $470,000 | 200 SOUTH WOLUMLA RD |
17-04-2015 | $440,000 | 2 FERNDALE LANE |
19-12-2014 | $495,000 | 17 LILLIAN CL |
19-12-2014 | $395,000 | 19 SOUTH WOLUMLA RD |
26-11-2014 | $385,000 | 12 SOUTH WOLUMLA RD |
30-06-2014 | $600,000 | 436 SOUTH WOLUMLA RD |
30-10-2013 | $224,000 | 411 SOUTH WOLUMLA RD |
15-10-2013 | $420,000 | 19 EAST COCHRANES RD |
04-07-2013 | $350,000 | 163 SOUTH WOLUMLA RD |
19-12-2012 | $500,000 | 158 FERNDALE LANE |
12-10-2012 | $352,500 | 19 SOUTH WOLUMLA RD |
27-02-2012 | $375,000 | 524 SOUTH WOLUMLA RD |
21-06-2011 | $280,000 | 410 SOUTH WOLUMLA RD |
16-12-2010 | $299,000 | 194 EAST COCHRANES RD |
06-08-2009 | $260,000 | 410 SOUTH WOLUMLA RD |
20-03-2009 | $615,000 | 52 SOUTH WOLUMLA RD |
26-02-2009 | $598,000 | 47 EAST COCHRANES RD |
05-08-2008 | $825,000 | 39 ATKINS-ANDERSON RD |
12-06-2008 | $452,500 | 47 SOUTH WOLUMLA TRL |
09-05-2008 | $450,000 | 200 SOUTH WOLUMLA RD |
01-06-2007 | $362,000 | 19 SOUTH WOLUMLA RD |
11-08-2006 | $580,000 | 52 SOUTH WOLUMLA RD |
05-10-2005 | $386,000 | 189 FERNDALE LANE |
06-07-2005 | $325,000 | 467 SOUTH WOLUMLA RD |
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