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Cargo
NSW, 2800 - Cabonne

Thinking about buying in Cargo? Now could not be a better time, with just 367 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $715,000 with prices in this suburb ranging from $36,000 to $3,057,000. The aproximate distance to the coast is 208 Km.

Household Makeup

Median Weekly Rent $280.00
Median Monthly Mortgage $1300.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 38.00
Average Income $804.00
Average Cars Per Dwelling 1.86
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $495,000
3 Bed  $528,000
4 Bed  $748,000
5 Bed  $1,094,000
6 Bed+$892,000

Cargo Real Estate Market Outlook

In Cargo 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 Cargo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cargo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Cargo we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cargo a better buying opportunity than it may have been in the past.

Houses for sale Cargo

McGrath 2585 CARGO RD, CARGO, NSW, 2800 Beds Bathrooms $400,000

Local Schools

Cargo Public School

(While the above schools are located with the suburb of Cargo 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.

Cargo 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
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-03-2024 $590,000 9 FORBES ST
23-02-2024 $370,000 3 HICKS ST
06-09-2023 $650,000 10 FORBES ST
18-08-2023 $560,000 3616 CARGO RD
31-07-2023 $65,000 13 THOMPSON ST
21-06-2023 $475,000 2 MAYNE ST
20-06-2023 $27,000,000 817 BAGHDAD RD
20-03-2023 $545,000 1994 DAVYS PLAINS RD
17-03-2023 $1,200,000 146 EDINBORO LANE
01-03-2023 $180,000 41 BELMORE ST
21-02-2023 $500,000 13 LOFTUS ST
25-01-2023 $760,000 20 DALTON ST
11-11-2022 $1,150,000 201 WILSONS LANE
30-09-2022 $820,000 38 DALTON ST
22-08-2022 $975,000 2762 CARGO RD
19-08-2022 $690,000 15 LOFTUS ST
14-07-2022 $1,175,000 249 EDINBORO LANE
07-06-2022 $705,000 26 LOFTUS ST
27-05-2022 $200,000 12 MAYNE ST
17-05-2022 $690,000 1 BELMORE ST
28-04-2022 $505,000 12 THOMPSON ST
26-04-2022 $545,000 3616 CARGO RD
14-04-2022 $710,000 1225 SOUTH BOWAN PARK RD
17-12-2021 $560,000 30 SHARP ST
26-11-2021 $535,000 4 SHERWIN ST
19-10-2021 $120,000 3 THOMPSON ST
17-09-2021 $1,600,000 3004 CARGO RD
14-09-2021 $150,000 5 THOMPSON ST
06-09-2021 $335,000 2 SHORT ST
06-09-2021 $235,000 20 SHARP ST
06-09-2021 $335,000 2 SHORT ST
06-09-2021 $235,000 20 SHARP ST
27-08-2021 $16,050,000 30 BOHRINGER LANE
08-06-2021 $200,000 18 POWERS ST
25-03-2021 $740,000 249 EDINBORO LANE
15-02-2021 $505,000 34 BELMORE ST
18-12-2020 $735,000 12 SHERWIN ST
16-10-2020 $300,000 5 MAYNE ST
25-06-2020 $412,000 4 BROOKS ST
05-05-2020 $190,000 6 HAMILTON ST
21-02-2020 $35,000 6 UNION ST
20-12-2019 $250,000 20 CHURCH ST
19-12-2019 $550,000 4148 CARGO RD
13-12-2019 $360,000 8 MISTY CL
06-12-2019 $25,000 48 DALTON ST
26-11-2019 $340,000 10 FORBES ST
21-11-2019 $440,000 17 LOFTUS ST
16-10-2019 $100,000 26 SHERWIN ST
16-09-2019 $382,500 8 BROOKS ST
30-08-2019 $350,000 1 GREENSLOPES PL

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Four Mile CreekFour Mile CreekPanuaraBowan ParkCudalLidsterCadiaMoorbelToogongCanobolas

Public Transport


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