Binnaway
NSW, 2395
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Warrumbungle
Thinking about buying in Binnaway? Now could not be a better time, with 744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $398,000 with prices in this suburb ranging from $16,000 to $3,142,000. The aproximate distance to the coast is 243 Km.
Household Makeup
| Median Weekly Rent | $150.00 |
| Median Monthly Mortgage | $518.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 53.50 |
| Average Income | $446.50 |
| Average Cars Per Dwelling | 1.64 |
| Average Properties Within 50M | 4 |
Housing Stock
Average Property Prices
| 1 Bed $142,000 |
| 2 Bed $179,000 |
| 3 Bed $227,000 |
| 4 Bed $605,000 |
| 6 Bed+$1,236,000 |
Binnaway Real Estate Market Outlook
In Binnaway 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 Binnaway 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 Binnaway 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 Binnaway 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.
Houses for sale Binnaway
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5991 WARRUMBUNGLES WAY, BINNAWAY, NSW, 2395 |  |
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EXPRESSION OF INTEREST |
Local Schools
Binnaway Central School
(While the above schools are located with the suburb of Binnaway there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Binnaway 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
| Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
| Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
| Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
| May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
| Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
| Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
| Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
| Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
| Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
| Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
| Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 18-10-2024 | $308,000 | 1 FRATER ST |
| 14-10-2024 | $210,000 | 24 NAPIER ST |
| 09-10-2024 | $75,000 | 1 YEULBA ST |
| 16-09-2024 | $125,000 | 10 DAVID ST |
| 06-09-2024 | $585,000 | 1848 GAMBLE CREEK RD |
| 26-08-2024 | $50,000 | 20 CASTLEREAGH AVE |
| 24-07-2024 | $70,000 | 5 WATT ST |
| 24-07-2024 | $225,000 | 1632 GAMBLE CREEK RD |
| 19-07-2024 | $222,500 | 4 NORMAN ST |
| 18-07-2024 | $205,000 | 17 NAPIER ST |
| 10-07-2024 | $650,000 | 5061 WARRUMBUNGLES WAY |
| 27-06-2024 | $14,000 | 29 RAILWAY ST |
| 15-03-2024 | $155,000 | 11 YARRAN ST |
| 21-02-2024 | $83,000 | 8 FRATER ST |
| 22-01-2024 | $37,000 | 43 RAILWAY ST |
| 08-12-2023 | $110,000 | 10 BULLINDA ST |
| 17-11-2023 | $205,000 | 3 FRATER ST |
| 27-09-2023 | $348,000 | 371 BOURKES AND HALLS RD |
| 25-09-2023 | $800,000 | 57 PIAMBRA RD |
| 22-09-2023 | $300,000 | 26 DAVID ST |
| 08-09-2023 | $60,000 | 16 WATTLE ST |
| 31-08-2023 | $30,000 | 34 CASTLEREAGH AVE |
| 16-08-2023 | $100,000 | 15 RENSHAW ST |
| 07-07-2023 | $135,000 | 32 GEORGE ST |
| 30-06-2023 | $1,800,000 | 5836 WARRUMBUNGLES WAY |
| 02-06-2023 | $365,000 | 444 BOX RIDGE RD |
| 19-05-2023 | $75,000 | 3 ANDYS LANE |
| 15-03-2023 | $180,000 | 3 YARRAN ST |
| 06-02-2023 | $30,000 | 38 BULLINDA ST |
| 31-01-2023 | $170,000 | 2 ULINDA ST |
| 30-01-2023 | $205,000 | 18 ROPERS RD |
| 13-01-2023 | $900,000 | 1525 BOX RIDGE RD |
| 11-01-2023 | $158,000 | 5 NORMAN ST |
| 20-12-2022 | $50,000 | 3 RAILWAY ST |
| 08-12-2022 | $145,000 | 8 CASTLEREAGH AVE |
| 13-10-2022 | $180,000 | 11 BULLINDA ST |
| 07-10-2022 | $153,000 | 55 RAILWAY ST |
| 30-09-2022 | $1,860,000 | 1724 LEADERS RD |
| 16-09-2022 | $195,000 | 2 BULLINDA ST |
| 13-09-2022 | $500,000 | 3408 WARRUMBUNGLES WAY |
| 12-09-2022 | $107,000 | 1 CYPRESS ST |
| 22-07-2022 | $730,000 | 2229 ROPERS RD |
| 19-07-2022 | $175,000 | 6 FRATER ST |
| 30-06-2022 | $1,500,000 | 3408 WARRUMBUNGLES WAY |
| 21-06-2022 | $200,000 | 7 NAPIER ST |
| 06-06-2022 | $650,000 | 551 BOX RIDGE RD |
| 25-05-2022 | $355,000 | 18 ROPERS RD |
| 06-05-2022 | $2,600,000 | 694 LOCHNAW RD |
| 29-04-2022 | $250,000 | 1525 BOX RIDGE RD |
| 20-04-2022 | $140,000 | 6 MYALL ST |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Binnaway Bowling Club - Less than 10 KM
Binnaway Swimming Pool - Less than 10 KM
Binnaway Golf Course - Less than 10 KM
The Old Pumphouse - Less than 10 KM
Solar System Drive - Uranus - Less than 10 KM
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