Thinking about buying in Binya? Now could not be a better time, with just 163 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,415,000 with prices in this suburb ranging from $20,000 to $4,674,000. The aproximate distance to the coast is 374 Km.
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In Binya 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 Binya 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. The slightly lower than average earnings from occupations in Binya changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Binya 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.
RESIDENCE, 10 STEPHENSONS RD, BINYA, NSW, 2665 | 4 | 2 | 2 | $1,450,000 |
Binya Public School
(While the above schools are located with the suburb of Binya 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 | 1.1 | 19.0 | 34.6 | 20.0 | 66.0 | 4.3 | 28.2 |
Feb | 1.4 | 18.6 | 32.6 | 26.7 | 70.3 | 4.0 | 24.1 |
Mar | 2.5 | 15.7 | 28.8 | 33.7 | 79.3 | 3.6 | 19.4 |
Apr | 1.1 | 11.6 | 24.3 | 36.7 | 83.4 | 3.0 | 15 |
May | 0.7 | 7.2 | 18.9 | 46.5 | 91.2 | 3.0 | 11.3 |
Jun | 1.4 | 5.4 | 15.2 | 59.4 | 96.6 | 2.9 | 9.0 |
Jul | 1.1 | 5.0 | 14.6 | 57.4 | 94.3 | 3.1 | 9.4 |
Aug | 1.2 | 5.2 | 16.2 | 48.7 | 93.2 | 3.3 | 12.3 |
Sept | 0.4 | 7.0 | 20.8 | 34.2 | 83.1 | 3.8 | 17.8 |
Oct | 1.3 | 10.8 | 24.9 | 31.5 | 82.6 | 3.8 | 21.7 |
Nov | 1.2 | 14.3 | 29.1 | 24.6 | 77.4 | 3.9 | 26.0 |
Dec | 1.6 | 16.9 | 31.5 | 22.6 | 71.1 | 4.2 | 28.8 |
source: Australian Government Bureau of Meteorology
29-08-2024 | $2,278,000 | 1805 CANNARDS RD |
18-09-2023 | $1,400,000 | 145 GANDYS RD |
28-07-2023 | $2,700,000 | 420 BANDYS RD |
08-06-2022 | $20,000 | 35 FRANCIS ST |
19-01-2022 | $1,815,450 | 84 CURTIS RD |
19-01-2022 | $3,023,125 | 230 GEDDES RD |
19-01-2022 | $1,815,450 | 84 CURTIS RD |
19-01-2022 | $3,023,125 | 230 GEDDES RD |
20-09-2021 | $3,280,000 | 1546 BANDYS RD |
18-09-2020 | $30,000 | 37 FRANCIS ST |
05-06-2020 | $3,440,180 | 782 MERRIBEE RD |
23-01-2020 | $6,000 | 37 FRANCIS ST |
20-11-2019 | $70,000 | 7 FRANCIS ST |
17-06-2019 | $2,798,220 | 129 ALEXANDERS RD |
29-05-2019 | $1,300,000 | 354 CARNELLS RD |
18-06-2018 | $120,000 | 855 PLEASANT VALLEY RD |
19-01-2018 | $4,600,000 | 343 REIDS RD |
17-11-2017 | $6,000 | 13 FRANCIS ST |
09-06-2017 | $9,950 | 12 JAMES ST |
28-02-2017 | $560,000 | 1492 CANNARDS RD |
07-11-2016 | $604,053 | 5631 BURLEY GRIFFIN WAY |
18-03-2016 | $1,618,488 | 1040 MERRIBEE RD |
08-02-2016 | $4,500 | 11 FRANCIS ST |
17-11-2015 | $928,000 | 879 EURATHA RD |
11-11-2015 | $76,000 | 855 PLEASANT VALLEY RD |
24-08-2015 | $1,680,000 | 74 ALEXANDERS RD |
28-05-2015 | $1,376,145 | 782 MERRIBEE RD |
13-06-2014 | $4,000 | 12 JAMES ST |
20-05-2014 | $280,000 | 1053 ERIGOLIA RD |
31-01-2014 | $1,339,032 | 74 ALEXANDERS RD |
27-08-2013 | $2,530,000 | 4782 BURLEY GRIFFIN WAY |
25-01-2013 | $465,000 | 303 PLEASANT VALLEY RD |
01-03-2012 | $360,000 | 816 BANDYS RD |
27-04-2011 | $775,000 | 1805 CANNARDS RD |
20-05-2005 | $240,000 | 816 BANDYS RD |
20-05-2005 | $475,000 | 420 BINYA STEPHENSONS RD |
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