Back

All About Candelo, Bega Valley, NSW, 2550

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.

Household Makeup

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

Local Internet Speeds

Download 25 Mbps / Upload 5 Mbps

Candelo Real Estate Market Outlook

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 Valuation

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Candelo 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
Jan1.917.022.664.5908.121.9
Feb2.617.022.565.890.97.518.4
Mar2.815.821.661.189.27.515.7
Apr2.214.020.258.588.66.612.8
May2.511.317.457.488.87.09.6
Jun3.39.715.55988.96.77.7
Jul1.78.815.054.287.66.58.5
Aug2.18.915.750.987.6711
Sept2.110.517.156.189.3814.9
Oct2.411.417.956.589.28.119.3
Nov2.213.819.760.889.38.323.3
Dec2.015.121.061.088.48.425.1

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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


General Points of Interest


Nearby Suburbs

Myrtle MountainToothdaleKamerukaDevils HoleMount DarraghKanoonaTantawangaloSouth WolumlaMogillaWolumla

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!