Bonalbo, located in the Kyogle region of New South Wales, offers a glimpse into rural Australian life with its charming, tight-knit community and picturesque surroundings. The housing market in Bonalbo is relatively affordable compared to more urban areas, making it appealing to those looking for a tranquil lifestyle away from the hustle and bustle of city life. The area predominantly features traditional country homes, often set on expansive plots of land, which provide plenty of space for gardening, hobby farming, or simply enjoying the natural beauty that surrounds the village. With a market that tends to favor buyers, it's not uncommon for properties in Bonalbo to offer excellent value for those seeking a peaceful retreat or a place to settle down with family.
Living in Bonalbo is characterized by a strong sense of community and a slower pace of life, ideal for residents who appreciate the great outdoors and a relaxed atmosphere. The village is surrounded by scenic landscapes, including national parks and nature reserves, making it a haven for outdoor enthusiasts who enjoy activities such as hiking, bird watching, and exploring the unique flora and fauna of the area. Locals often gather at community events, fostering a friendly and welcoming environment. While amenities in Bonalbo are limited compared to larger towns, essential services and shops are available, and the town of Kyogle is within a reasonable driving distance for additional needs. Overall, Bonalbo offers a serene lifestyle rooted in community spirit and natural beauty, making it a desirable location for those looking to escape urban stresses.
Median Weekly Rent | $215.00 |
Median Monthly Mortgage | $606.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 60.00 |
Average Income | $454.00 |
Average Cars Per Dwelling | 1.31 |
Average Properties Within 50M | 6 |
Typical 1 bed house | $343,000 |
Typical 2 bed house | $264,000 |
Typical 3 bed house | $367,000 |
Typical 4 bed house | $504,000 |
Typical 5 bed house | $278,000 |
Housing Stock
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Thinking about buying in Bonalbo? Now could not be a better time, with just 411 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $300,000 with prices in this suburb ranging from $26,000 to $788,000. The aproximate distance to the coast is 82 Km.
In Bonalbo 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 Bonalbo 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 Bonalbo 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 Bonalbo 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 Valuation48-A Capeen Street, Bonalbo, NSW, 2469 | 1 | 1 | UNDER OFFER |
Bonalbo Central School
(While the above schools are located with the suburb of Bonalbo 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
19-12-2024 | $315,000 | 28 Woodenbong Road |
29-11-2024 | $85,000 | 19 Oak Street |
26-07-2024 | $190,000 | 65 Woodenbong Road |
19-07-2024 | $1,100,000 | 87 Woodworths Road |
16-05-2024 | $300,000 | 31 Gill Street |
15-01-2024 | $190,000 | 2 Dyraaba Street |
18-12-2023 | $42,500 | 1 Clarence Way |
19-10-2023 | $218,000 | 24 Gill Street |
19-10-2023 | $120,000 | 47 Capeen Street |
29-09-2023 | $257,000 | 11 Cope Street |
13-09-2023 | $169,000 | 43 Yabbra Street |
14-08-2023 | $220,000 | 20 Sandilands Street |
26-07-2023 | $257,500 | 41 Yabbra Street |
28-04-2023 | $220,000 | 66 Sandilands Street |
03-04-2023 | $140,000 | 10 Bonalbo Street |
03-04-2023 | $245,000 | 33 Oak Street |
15-03-2023 | $300,000 | 36 Dyraaba Street |
13-01-2023 | $350,000 | 5 Tooloom Street |
09-01-2023 | $150,000 | 7 Carey Street |
20-12-2022 | $90,000 | 30 Capeen Street |
20-12-2022 | $250,000 | 12 Clarence Street |
19-12-2022 | $295,000 | 27 Oak Street |
08-12-2022 | $170,000 | 57 Woodenbong Road |
25-11-2022 | $270,000 | 38 Sandilands Street |
20-10-2022 | $300,000 | 78 Sandilands Street |
13-10-2022 | $70,000 | 13 Carey Street |
26-07-2022 | $220,000 | 31 Yabbra Street |
11-07-2022 | $305,000 | 37 Sandilands Street |
16-06-2022 | $385,000 | 24 Woodenbong Road |
02-05-2022 | $320,000 | 7 Gill Street |
31-03-2022 | $120,000 | 16 Cope Street |
03-03-2022 | $60,000 | 68 Sandilands Street |
17-02-2022 | $237,500 | 41 Gill Street |
13-01-2022 | $140,000 | 67 Woodenbong Road |
11-01-2022 | $40,000 | 29 Dyraaba Street |
23-12-2021 | $640,000 | 83 Farm Road |
16-12-2021 | $45,000 | 12 Sandilands Street |
05-11-2021 | $250,000 | 39 Gill Street |
13-10-2021 | $600,000 | 166 Farm Road |
02-09-2021 | $145,000 | 2 Dyraaba Street |
29-07-2021 | $1,010,000 | 31 Dyraaba Street |
30-06-2021 | $278,000 | 39 Sandilands Street |
23-06-2021 | $310,000 | 5 Oak Street |
04-06-2021 | $215,000 | 32 Woodenbong Road |
11-05-2021 | $260,000 | 27 Yabbra Street |
03-05-2021 | $235,000 | 26 Clarence Street |
03-05-2021 | $150,000 | 18 Sandilands Street |
14-04-2021 | $195,000 | 36 Dyraaba Street |
12-04-2021 | $185,000 | 6 Gill Street |
01-04-2021 | $175,000 | 46 Capeen Street |
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