Canbelego, a small village in the Cobar Shire of New South Wales, offers a unique glimpse into rural Australian life. The housing market in Canbelego is relatively modest, reflecting its small population and tranquil setting. Properties often feature older-style homes that are rich in character, and due to the village's limited size, the market sees less frequent transactions compared to urban areas. Prices tend to be affordable, making it an appealing option for those seeking a quiet lifestyle away from the hustle and bustle typically found in larger cities. Recent years have seen some interest from individuals looking to escape to more rural settings, attracted by the potential to own a piece of land at a reasonable price.
Living in Canbelego offers a lifestyle defined by simplicity and a strong sense of community. Residents cherish the peace and quiet of rural living, often fostering close-knit relationships with their neighbors. The village, surrounded by the vast landscapes of the Australian outback, provides ample opportunities for outdoor activities such as hiking, bird watching, and exploring the local flora and fauna. While amenities within the village itself are limited, nearby Cobar provides essential services and shopping options. Life in Canbelego is particularly suited to those who value solitude, nature, and a slower pace of life, where one can enjoy a tight-knit community while being surrounded by the natural beauty of New South Wales.
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| Median Monthly Mortgage | $ |
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Housing Stock
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Thinking about buying in Canbelego? Now could not be a better time, with just 288 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $631,000 with prices in this suburb ranging from $36,000 to $986,000. The aproximate distance to the coast is 484 Km.
In Canbelego 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Canbelego due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Canbelego 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 Canbelego 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Canbelego 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 | |
|---|---|---|---|---|---|---|---|
| Sept | 0.9 | 9.5 | 23.6 | 22.9 | 67.8 | 3.9 | 19.3 |
| Oct | 0.9 | 13.3 | 27.7 | 19.5 | 62.5 | 3.9 | 23.9 |
| Nov | 1.4 | 16.7 | 30.9 | 17.3 | 56.1 | 4.1 | 27.0 |
| Dec | 0.9 | 19.6 | 33.8 | 16.8 | 54.0 | 4.1 | 28.5 |
| Jan | 1.1 | 22.2 | 36.4 | 16.8 | 54.2 | 4.2 | 27.3 |
| Feb | 1.4 | 20.6 | 33.9 | 22.6 | 61.6 | 4 | 24.2 |
| Mar | 1.4 | 17.5 | 30.6 | 26.4 | 67.0 | 3.7 | 20.3 |
| Apr | 1.0 | 13.3 | 26.2 | 28.3 | 72.9 | 3.2 | 17.0 |
| May | 1.0 | 8.7 | 20.5 | 36.5 | 82.5 | 3.2 | 12.9 |
| Jun | 1.4 | 6.4 | 16.7 | 46.7 | 91.3 | 3.2 | 10.6 |
| Jul | 0.7 | 5.5 | 16.8 | 40.7 | 85.7 | 3.4 | 12.0 |
| Aug | 0.6 | 6 | 18.7 | 31.1 | 77.7 | 3.5 | 14.6 |
source: Australian Government Bureau of Meteorology
| 22-03-2024 | $5,100,000 | 3159 Booroomugga Road |
| 25-02-2022 | $2,850,000 | 1542 Yimkin Rd Yimkim |
| 27-09-2021 | $1,550,000 | 959 Elmore Road |
| 09-06-2021 | $76,000 | 25 Edward Street |
| 25-02-2021 | $1,039,572 | 7540 Barrier Hwy |
| 03-02-2021 | $350,000 | 471 Booroomugga Road |
| 18-01-2021 | $100,000 | 1616 Elmore Road |
| 08-10-2020 | $260,000 | 8150 Barrier Hwy |
| 28-08-2020 | $1,200,000 | 1542 Yimkin Rd Yimkim |
| 27-05-2020 | $35,000 | 76 Coronga Street |
| 13-01-2020 | $1,050 | 24 Edward Street |
| 13-01-2020 | $1,050 | 44 Florida Street |
| 13-01-2020 | $1,050 | 41 Mulga Street |
| 13-01-2020 | $600 | 73 Coronga Street |
| 13-01-2020 | $600 | 32 Womboin Street |
| 13-01-2020 | $850 | 25 Edward Street |
| 10-01-2020 | $52,000 | 73 Coronga Street |
| 10-01-2020 | $52,000 | 32 Womboin Street |
| 10-01-2020 | $35,000 | 76 Coronga Street |
| 20-12-2019 | $350 | 40 Edward Street |
| 20-12-2019 | $400 | 76 Coronga Street |
| 20-12-2019 | $350 | 24 Nullawarra Street |
| 20-12-2019 | $350 | 10 Edward Street |
| 29-10-2019 | $20,000 | 1621 Booroomugga Road |
| 11-07-2017 | $285,000 | 752 Yimkin Road |
| 16-06-2017 | $695,000 | 2141 Booroomugga Road |
| 24-02-2017 | $1,650,000 | 3010 Canbelego-Nymagee Road |
| 13-12-2016 | $187,000 | 1616 Elmore Road |
| 26-08-2016 | $325,000 | 2141 Booroomugga Road |
| 14-07-2016 | $630,000 | 959 Elmore Road |
| 23-06-2016 | $25,000 | 48 Womboin Street |
| 23-06-2016 | $25,000 | 1 Edward Street |
| 23-06-2016 | $25,000 | 64 Womboin Street |
| 23-06-2016 | $25,000 | 29 Edward Street |
| 23-06-2016 | $25,000 | 60 Florida Street |
| 23-06-2016 | $25,000 | 39 Nullawarra Street |
| 18-05-2016 | $250,000 | 471 Booroomugga Road |
| 26-11-2015 | $1,330,000 | 3159 Booroomugga Road |
| 14-08-2014 | $110,000 | 479 Booroomugga Road |
| 03-03-2014 | $117,000 | 475 Booroomugga Road |
| 31-08-2012 | $1,315,000 | 3010 Nymagee Road |
| 14-11-2011 | $100,000 | 1 Edward Street |
| 21-08-2006 | $5,000 | 10 Edward Street |
| 11-05-2006 | $11,000 | 29 Edward Street |
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