Thinking about buying in Arakoon? Now could not be a better time, with just 392 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,469,000 with prices in this suburb ranging from $268,000 to $24,656,000. Arakoon is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $375.00 |
Median Monthly Mortgage | $1635.67 |
Median Persons Per Bedroom | 0.67 |
Average Household Size | 2.33 |
Average Age | 59.67 |
Average Income | $581.33 |
Average Cars Per Dwelling | 1.96 |
Average Properties Within 50M | 4 |
1 Bed  $581,000 |
2 Bed  $814,000 |
3 Bed  $1,150,000 |
4 Bed  $1,424,000 |
5 Bed  $6,961,000 |
6 Bed+$2,294,000 |
In Arakoon 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 Arakoon 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 Arakoon 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 Arakoon 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.
101 ROSELLA PL, ARAKOON, NSW, 2431 | Contact Agent | ||||
51 CARDWELL ST, ARAKOON, NSW, 2431 | 3 | 2 | 2 | Contact Agent | |
17 THOMAS LANE, ARAKOON, NSW, 2431 | 4 | 2 | 1 | Contact Agent | |
80 CARDWELL ST, ARAKOON, NSW, 2431 | 4 | 4 | 2 | Motivated Seller - Open to Offers | |
43 SMOKY RIDGE DR, ARAKOON, NSW, 2431 | 3 | 2 | 2 | $1,125,000 to $1,180,000 | |
24 CABBAGE TREE LANE, ARAKOON, NSW, 2431 | 6 | 3 | 8 | AUCTION - 28th November 2024 |
South West Rocks Public School
(While the above schools are located with the suburb of Arakoon 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 | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
09-05-2024 | $1,260,000 | 17 PALM GR |
01-08-2023 | $995,000 | 2 GREY ST |
27-07-2023 | $1,175,000 | 244 ARAKOON RD |
08-05-2023 | $1,495,000 | 21 PALM GR |
26-04-2023 | $1,625,000 | 41 CARDWELL ST |
16-01-2023 | $890,000 | 61 CARDWELL ST |
21-12-2022 | $1,500,000 | 9 CARRI ST |
20-12-2022 | $1,300,000 | 50 CARDWELL ST |
09-12-2022 | $525,000 | 2 / 6 RUSSELL ST |
22-11-2022 | $835,000 | 23 RUSSELL ST |
08-06-2022 | $1,400,000 | 18 COCKATOO PL |
02-06-2022 | $1,450,000 | 29 GAP BEACH RD |
02-05-2022 | $1,220,000 | 45 FERN TREE CL |
31-03-2022 | $1,166,666 | 67 GAP BEACH RD |
31-03-2022 | $950,000 | 84 CARDWELL ST |
31-03-2022 | $1,166,666 | 67 GAP BEACH RD |
31-03-2022 | $950,000 | 84 CARDWELL ST |
29-03-2022 | $1,175,000 | 2 CARRI ST |
22-03-2022 | $1,150,000 | 270 ARAKOON RD |
21-03-2022 | $1,300,000 | 10 GREY ST |
31-01-2022 | $980,000 | 24 BULLOCKS QUARRY RD |
06-12-2021 | $920,000 | 14 GREY ST |
09-11-2021 | $650,000 | 20 WONGA PL |
10-08-2021 | $1,275,000 | 66 COCKATOO PL |
27-07-2021 | $1,675,000 | 21 WONGA PL |
27-07-2021 | $3,000,000 | 42 FRANCIS DIMOND ST |
27-07-2021 | $1,675,000 | 21 WONGA PL |
27-07-2021 | $3,000,000 | 42 FRANCIS DIMOND ST |
01-07-2021 | $910,000 | 7 GREY ST |
30-06-2021 | $1,000,000 | 8 YOUNG ST |
25-06-2021 | $900,000 | 287 ARAKOON RD |
22-06-2021 | $930,000 | 16 PALM GR |
04-06-2021 | $910,000 | 10 RIVENDELL RD |
13-05-2021 | $740,000 | 12 RAINFOREST LANE |
29-04-2021 | $240,000 | 29 ROCKS VIEW CRES |
27-04-2021 | $1,150,000 | 43 FERN TREE CL |
12-04-2021 | $890,000 | 17 ROSELLA PL |
25-03-2021 | $1,340,000 | 37 COCKATOO PL |
16-03-2021 | $559,000 | 12 GREY ST |
19-02-2021 | $1,530,000 | 9 CARRON CL |
20-01-2021 | $770,000 | 13 WILSON ST |
02-12-2020 | $850,000 | 32 FERN TREE CL |
16-10-2020 | $280,000 | 55 COCKATOO PL |
28-08-2020 | $755,000 | 34 GAP BEACH RD |
10-07-2020 | $650,000 | 16 GREY ST |
23-06-2020 | $540,000 | 2 / 37 CARDWELL ST |
29-05-2020 | $532,500 | 8 CARRI ST |
22-04-2020 | $525,000 | 16 RUSSELL ST |
10-03-2020 | $767,500 | 41 SMOKY RIDGE DR |
13-02-2020 | $599,500 | 21 RUSSELL ST |
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