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Backmede NSW 2470: Property Market Report & Real Estate Insights

Part of Richmond Valley, NSW

Property Market

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

Typical House Prices

2 bed property $1,293,000
3 bed property $935,000
4 bed property $1,430,000

Typical Homes & Property Types

Average Internet Speeds in Backmede

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Backmede Real Estate Market Outlook

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 approximate distance to the coast is 48 Km.

Living in Backmede

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.

Instant Property Valuation



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2025-07-18 $1,450,000 655 Reynolds Road Backmede, NSW
2025-03-06 $875,000 5 Savilles Road Backmede, NSW
2024-12-13 $900,000 605 Reynolds Road Backmede, NSW
2023-11-07 $850,000 475 Reynolds Road Backmede, NSW
2023-07-07 $1,075,000 240 Backmede Road Backmede, NSW
2022-07-25 $635,000 625 Reynolds Road Backmede, NSW
2022-06-03 $940,000 228 Backmede Road Backmede, NSW
2020-12-15 $270,000 63 Junors Road Backmede, NSW
2020-12-04 $1,850,000 495 Reynolds Road Backmede, NSW
2020-11-26 $730,000 65 Backmede Road Backmede, NSW
2020-03-27 $925,000 75 Backmede Road Backmede, NSW
2020-01-31 $810,000 495 Backmede Road Backmede, NSW
2018-09-25 $520,000 15 Backmede Road Backmede, NSW
2018-07-23 $455,000 30 Backmede Road Backmede, NSW
2017-12-19 $192,500 45 Savilles Road Backmede, NSW
2017-07-14 $440,000 695 Reynolds Road Backmede, NSW
2016-10-21 $465,000 537 Backmede Road Backmede, NSW
2016-09-27 $660,000 655 Reynolds Road Backmede, NSW
2016-07-15 $378,000 30 Backmede Road Backmede, NSW
2016-02-08 $635,500 595 Reynolds Road Backmede, NSW
2014-04-22 $355,000 50 Backmede Road Backmede, NSW
2013-10-24 $465,000 605 Reynolds Road Backmede, NSW
2013-05-17 $340,000 50 Backmede Road Backmede, NSW
2013-03-01 $300,000 145 Reynolds Lane Backmede, NSW
2011-01-14 $472,000 240 Backmede Road Backmede, NSW
2009-08-26 $835,000 75 Backmede Road Backmede, NSW
2009-01-19 $420,000 50 Backmede Road Backmede, NSW
2007-12-14 $520,000 70 Backmede Road Backmede, NSW
2005-06-03 $257,000 30 Backmede Road Backmede, NSW
2005-04-13 $270,000 5 Savilles Road Backmede, NSW
2004-12-13 $345,000 50 Backmede Road Backmede, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Backmede 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
Jan7.421.028.858.989.84.923.0
Feb8.421.128.959.091.34.721.0
Mar7.920.328.159.992.64.217.7
Apr5.917.025.855.591.73.816.5
May3.213.423.451.892.43.413.5
Jun4.111.621.254.592.43.512.0
Jul1.610.021.147.492.43.412.9
Aug1.310.422.642.792.23.615.9
Sept112.924.246.090.44.319.6
Oct4.015.925.25490.04.621.9
Nov2.118.527.154.989.64.925.2
Dec6.420.128.25890.54.724.5

source: Australian Government Bureau of Meteorology


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