Candelo, nestled in the scenic Bega Valley of New South Wales, offers a housing market that reflects both the rural charm and practical appeal of the area. Predominantly composed of country-style homes and small acreage properties, the market here is relatively affordable compared to more urbanized regions. Many homes in Candelo exude a quaint and traditional aesthetic, often set amidst lush landscapes and rolling hills. Buyers are attracted to the peaceful lifestyle and the potential for space and privacy, making it an appealing destination for families, retirees, and anyone seeking refuge from the hustle and bustle of city life. In recent years, there has been a modest increase in demand, as more people are drawn to the allure of rural living and the benefits of a tight-knit community.
Living in Candelo offers a tranquil escape paired with a supportive community environment. The town is known for its unique blend of history and culture, with the local community frequently coming together for events like the Candelo Village Festival and local markets. Natural beauty surrounds the area, offering plentiful opportunities for outdoor activities such as hiking, fishing, and horseback riding. While Candelo exudes a serene rural atmosphere, it is still conveniently located near essential services, with the larger towns of Bega and Merimbula just a short drive away. Residents enjoy the dual benefits of a peaceful, country lifestyle with access to necessary amenities and services. Overall, Candelo presents an inviting option for those looking to immerse themselves in a picturesque, community-centered environment.
Median Weekly Rent | $260.00 |
Median Monthly Mortgage | $1083.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 47.00 |
Average Income | $601.00 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $604,000 |
Typical 2 bed house | $585,000 |
Typical 3 bed house | $669,000 |
Typical 4 bed house | $824,000 |
Typical 5 bed house | $1,019,000 |
Typical 6 bed+ house | $3,599,000 |
Housing Stock
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Thinking about buying in Candelo? Now could not be a better time, with 582 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $770,000 with prices in this suburb ranging from $51,000 to $5,350,000. The aproximate distance to the coast is 16 Km.
In Candelo 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 Candelo 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 Candelo 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 Candelo 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 Valuation297 Tantawangalo Mountain Road, Candelo, NSW, 2550 | $750,000 |
Candelo Public School
(While the above schools are located with the suburb of Candelo 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 | 1.9 | 17.0 | 22.6 | 64.5 | 90 | 8.1 | 21.9 |
Feb | 2.6 | 17.0 | 22.5 | 65.8 | 90.9 | 7.5 | 18.4 |
Mar | 2.8 | 15.8 | 21.6 | 61.1 | 89.2 | 7.5 | 15.7 |
Apr | 2.2 | 14.0 | 20.2 | 58.5 | 88.6 | 6.6 | 12.8 |
May | 2.5 | 11.3 | 17.4 | 57.4 | 88.8 | 7.0 | 9.6 |
Jun | 3.3 | 9.7 | 15.5 | 59 | 88.9 | 6.7 | 7.7 |
Jul | 1.7 | 8.8 | 15.0 | 54.2 | 87.6 | 6.5 | 8.5 |
Aug | 2.1 | 8.9 | 15.7 | 50.9 | 87.6 | 7 | 11 |
Sept | 2.1 | 10.5 | 17.1 | 56.1 | 89.3 | 8 | 14.9 |
Oct | 2.4 | 11.4 | 17.9 | 56.5 | 89.2 | 8.1 | 19.3 |
Nov | 2.2 | 13.8 | 19.7 | 60.8 | 89.3 | 8.3 | 23.3 |
Dec | 2.0 | 15.1 | 21.0 | 61.0 | 88.4 | 8.4 | 25.1 |
source: Australian Government Bureau of Meteorology
13-01-2025 | $40,000 | 1901 Myrtle Mountain Road |
18-12-2024 | $630,000 | 15 Sharpe Street |
13-11-2024 | $510,000 | 450 Tantawangalo Mountain Road |
03-09-2024 | $675,000 | 54 William Street |
02-09-2024 | $855,000 | 11 Short Street |
23-08-2024 | $755,000 | 103 Kemps Lane |
29-07-2024 | $1,200,000 | 264 Towridgee Lane |
24-07-2024 | $1,400,000 | 109 Slaters Lane |
05-07-2024 | $700,000 | 11 Ramseys Road |
07-05-2024 | $475,000 | 1574 Candelo Wolumla Road |
26-04-2024 | $1,050,000 | 1270 Candelo Bega Road |
16-04-2024 | $200,000 | 2 Bega Street |
22-03-2024 | $560,000 | 108 Tantawangalo Mountain Road |
04-03-2024 | $620,000 | 6 Hood Street |
29-02-2024 | $1,200,000 | 464 Slaters Lane |
14-12-2023 | $670,000 | 43 Auckland Street |
03-11-2023 | $770,000 | 10 Kingstons Lane |
21-09-2023 | $695,000 | 28 William Street |
15-09-2023 | $608,000 | 8 Bega Street |
20-07-2023 | $770,000 | 5 Short Street |
28-06-2023 | $877,500 | 65 Tantawangalo Mountain Road |
23-06-2023 | $460,000 | 35 Panbula Street |
13-06-2023 | $240,000 | 26 Bega Street |
13-02-2023 | $1,220,000 | 149 Towridgee Lane |
19-12-2022 | $595,000 | 6 Candelo Wolumla Road |
11-11-2022 | $495,000 | 15 Sharpe Street |
30-09-2022 | $970,000 | 45 Tantawangalo Mountain Road |
06-09-2022 | $630,000 | 42 William Street |
01-09-2022 | $495,000 | 11 Sharpe Street |
05-08-2022 | $680,000 | 42 Auckland Street |
24-06-2022 | $664,000 | 5 Short Street |
07-06-2022 | $435,000 | 27 Sharpe Street |
06-06-2022 | $1,025,000 | 147 Slaters Lane |
02-05-2022 | $390,000 | 40 William Street |
28-04-2022 | $1,220,000 | 371 Towridgee Lane |
28-02-2022 | $750,000 | 34 Kameruka Street |
22-12-2021 | $1,735,065 | 53 Sheehans Road |
22-12-2021 | $1,735,065 | 1589 Myrtle Mountain Road |
20-12-2021 | $425,000 | 2 Mogilla Road |
26-11-2021 | $541,000 | 7 Reservoir Street |
22-11-2021 | $349,000 | 18 Eden Street |
19-11-2021 | $899,000 | 31 Kameruka Street |
22-10-2021 | $595,000 | 3 Queen Street |
05-10-2021 | $460,000 | 14 Eden Street |
27-08-2021 | $615,000 | 12 Georgia Lane |
25-08-2021 | $410,000 | 52 William Street |
19-08-2021 | $1,250,000 | 109 Slaters Lane |
04-08-2021 | $785,000 | 201 Kemps Lane |
09-07-2021 | $430,000 | 9 Bega Street |
08-06-2021 | $680,000 | 93 Kemps Lane |
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