Thinking about buying in Backmede? Now could not be a better time, with just 64 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,366,000 with prices in this suburb ranging from $400,000 to $3,857,000. The aproximate distance to the coast is 48 Km.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $1840.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 45.00 |
Average Income | $701.00 |
Average Cars Per Dwelling | 2.55 |
Average Properties Within 50M | 1 |
2 Bed  $1,293,000 |
3 Bed  $935,000 |
4 Bed  $1,430,000 |
In Backmede 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 Backmede 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 Backmede 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 Backmede 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.
75 backmede rd, backmede, nsw, 2470 | 3 | 1 | 2 | 1500000 | |
655 reynolds rd, backmede, nsw, 2470 | 4 | 2 | 4 | 2000000 |
None within suburb boundary
(While the above schools are located with the suburb of Backmede 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 | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
07-11-2023 | $850,000 | 475 REYNOLDS RD |
07-07-2023 | $1,075,000 | 240 BACKMEDE RD |
25-07-2022 | $635,000 | 625 REYNOLDS RD |
03-06-2022 | $940,000 | 228 BACKMEDE RD |
15-12-2020 | $270,000 | 63 JUNORS RD |
04-12-2020 | $1,850,000 | 495 REYNOLDS RD |
26-11-2020 | $730,000 | 65 BACKMEDE RD |
27-03-2020 | $925,000 | 75 BACKMEDE RD |
31-01-2020 | $810,000 | 495 BACKMEDE RD |
04-11-2019 | $585,000 | 665 REYNOLDS RD |
11-02-2019 | $730,000 | 70 BACKMEDE RD |
25-09-2018 | $520,000 | 15 BACKMEDE RD |
23-07-2018 | $455,000 | 30 BACKMEDE RD |
19-12-2017 | $192,500 | 45 SAVILLES RD |
14-07-2017 | $440,000 | 695 REYNOLDS RD |
21-10-2016 | $465,000 | 537 BACKMEDE RD |
27-09-2016 | $660,000 | 655 REYNOLDS RD |
15-07-2016 | $378,000 | 30 BACKMEDE RD |
08-02-2016 | $635,500 | 595 REYNOLDS RD |
22-04-2014 | $355,000 | 50 BACKMEDE RD |
24-10-2013 | $465,000 | 605 REYNOLDS RD |
17-05-2013 | $340,000 | 50 BACKMEDE RD |
01-03-2013 | $300,000 | 145 REYNOLDS LANE |
14-01-2011 | $472,000 | 240 BACKMEDE RD |
26-08-2009 | $835,000 | 75 BACKMEDE RD |
19-01-2009 | $420,000 | 50 BACKMEDE RD |
14-12-2007 | $520,000 | 70 BACKMEDE RD |
03-06-2005 | $257,000 | 30 BACKMEDE RD |
13-04-2005 | $270,000 | 5 SAVILLES RD |
13-12-2004 | $345,000 | 50 BACKMEDE RD |
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