Thinking about buying in Bean Creek? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $645,000 with prices in this suburb ranging from $61,000 to $2,014,000. The aproximate distance to the coast is 90 Km.
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In Bean Creek 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 Bean Creek 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 Bean Creek 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 Bean Creek 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.
Old Bonalbo Public School
(While the above schools are located with the suburb of Bean Creek 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 | 3.3 | 15.6 | 27.6 | 45.7 | 95.2 | 2.2 | 24.5 |
Feb | 2.2 | 15.2 | 25.9 | 52.6 | 96.4 | 2.2 | 23.6 |
Mar | 3.3 | 14.2 | 24.6 | 49.3 | 92.4 | 2.0 | 18.2 |
Apr | 1.1 | 10.0 | 21.8 | 48.7 | 97.3 | 1.8 | 16.6 |
May | 1.6 | 5.4 | 17.6 | 50.7 | 97.7 | 1.7 | 13.1 |
Jun | 1.4 | 3.9 | 15.0 | 53.7 | 97.8 | 2.0 | 11.6 |
Jul | 1.3 | 2.4 | 14.9 | 45.3 | 97.2 | 1.9 | 12.5 |
Aug | 1.6 | 2.4 | 16.5 | 36.2 | 95.3 | 2.0 | 15.3 |
Sept | 1.0 | 6 | 20.6 | 32.9 | 92.3 | 2.4 | 19.2 |
Oct | 2.2 | 9.0 | 22.8 | 36.9 | 94.5 | 2.2 | 22.8 |
Nov | 1.4 | 12.3 | 26.3 | 36.8 | 93.2 | 2.2 | 25.8 |
Dec | 3.8 | 14.5 | 26.7 | 43.9 | 95.6 | 2.2 | 25.2 |
source: Australian Government Bureau of Meteorology
02-02-2024 | $950,000 | 15754 CLARENCE WAY |
16-05-2023 | $475,000 | 16348 CLARENCE WAY |
06-12-2021 | $460,000 | 16346 CLARENCE WAY |
26-10-2021 | $845,000 | 76 MILLS RD |
12-10-2021 | $1,149,200 | 15890 CLARENCE WAY |
10-09-2021 | $1,000,000 | 16404 CLARENCE WAY |
05-05-2021 | $555,000 | 16282 CLARENCE WAY |
22-03-2021 | $380,000 | 41 MURPHYS RD |
09-10-2020 | $360,000 | 16348 CLARENCE WAY |
08-11-2018 | $255,000 | 1 CLARENCE WAY |
09-08-2018 | $45,000 | 16426 CLARENCE WAY |
22-12-2016 | $1,150,000 | 16401 CLARENCE WAY |
14-06-2016 | $634,000 | 15765 CLARENCE WAY |
14-12-2015 | $910,000 | 16208 CLARENCE WAY |
11-09-2015 | $440,000 | 16210 CLARENCE WAY |
15-01-2015 | $330,000 | 16552 CLARENCE WAY |
02-04-2014 | $269,000 | 16098 CLARENCE WAY |
06-12-2013 | $315,000 | 16282 CLARENCE WAY |
12-10-2012 | $860,000 | 16401 CLARENCE WAY |
01-08-2010 | $705,000 | 18 SLAUGHTER GULLY RD |
19-01-2009 | $280,000 | 16282 CLARENCE WAY |
24-09-2008 | $1,225,000 | 16424 CLARENCE WAY |
08-08-2008 | $650,000 | 16404 CLARENCE WAY |
07-12-2007 | $269,000 | 16426 CLARENCE WAY |
14-08-2007 | $1,100,000 | 16401 CLARENCE WAY |
25-06-2007 | $440,000 | 16424 CLARENCE WAY |
19-10-2006 | $130,000 | 16348 CLARENCE WAY |
24-01-2006 | $161,000 | 45 MURPHYS RD |
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