Thinking about buying in Cumnock? Now could not be a better time, with just 315 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $346,000 with prices in this suburb ranging from $82,000 to $2,568,000. The aproximate distance to the coast is 229 Km.
Median Weekly Rent | $220.00 |
Median Monthly Mortgage | $867.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 51.00 |
Average Income | $557.00 |
Average Cars Per Dwelling | 1.79 |
Average Properties Within 50M | 2 |
1 Bed  $208,000 |
2 Bed  $239,000 |
3 Bed  $329,000 |
4 Bed  $778,000 |
5 Bed  $568,000 |
In Cumnock 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 Cumnock 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 Cumnock 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 Cumnock 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 Cumnock a better buying opportunity than it may have been in the past.
THE VALLEY, 123 GOOGODERY RD, CUMNOCK, NSW, 2867 | 4 | 2 | 1 | $380.00 per week |
Cumnock Public School
(While the above schools are located with the suburb of Cumnock 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 | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
09-10-2024 | $360,000 | 98 OBLEY ST |
24-09-2024 | $220,000 | 40 OBLEY ST |
18-09-2024 | $330,000 | 13 GOOGODERY RD |
02-04-2024 | $95,000 | 12 HAIG ST |
23-10-2023 | $270,000 | 31 OBLEY ST |
19-01-2023 | $240,000 | 29 OBLEY ST |
21-12-2022 | $4,362,182 | 1779 BANJO PATERSON WAY |
02-09-2022 | $1,100,000 | 306 AVONDALE RD |
02-08-2022 | $415,000 | 6 BRUCE ST |
24-05-2022 | $350,000 | 363 BOURNEWOOD CHURCH RD |
29-03-2022 | $515,000 | 20 OBLEY ST |
14-01-2022 | $155,000 | 97 OBLEY ST |
05-11-2021 | $160,000 | 1 MCLAUGHLAN ST |
02-11-2021 | $190,000 | 9 OBLEY ST |
26-10-2021 | $27,398,560 | 435 AVONDALE RD |
29-09-2021 | $700,000 | 836 GUMBLE RD |
11-06-2021 | $110,000 | 22 EURIMBLA RD |
25-03-2021 | $238,000 | 13 GOOGODERY RD |
26-02-2021 | $295,000 | 77 OBLEY ST |
19-02-2021 | $265,000 | 24 MCLAUGHLAN ST |
25-01-2021 | $4,250,000 | 485 EURIMBLA RD |
19-01-2021 | $605,000 | 69 MCLAUGHLAN ST |
27-11-2020 | $830,000 | 1856 BANJO PATERSON WAY |
10-11-2020 | $220,000 | 55 OBLEY ST |
09-11-2020 | $1,550,000 | 144 COLEMANS RD |
06-11-2020 | $260,000 | 33 OBLEY ST |
08-09-2020 | $2,700,000 | 2472 BANJO PATERSON WAY |
21-08-2020 | $811,899 | 101 BANJO PATERSON WAY |
05-08-2020 | $235,000 | 10 MCLAUGHLAN ST |
31-07-2020 | $120,000 | 14 RAILWAY PDE |
28-07-2020 | $118,000 | 26 BRUCE ST |
12-05-2020 | $178,000 | 66 OBLEY ST |
04-05-2020 | $50,000 | 26 EURIMBLA RD |
17-04-2020 | $1,074,263 | 195 BOURNEWOOD CHURCH RD |
13-11-2019 | $807,000 | 1266 GUMBLE RD |
08-11-2019 | $200,000 | 101 OBLEY ST |
01-10-2019 | $1,400,000 | 673 BURRAWONG RD |
27-09-2019 | $10,000 | 79 OBLEY ST |
02-08-2019 | $140,000 | 1 RAILWAY PDE |
16-07-2019 | $419,000 | 48 GOOGODERY RD |
28-06-2019 | $149,000 | 27 BRUCE ST |
18-04-2019 | $99,500 | 6 RAILWAY PDE |
15-02-2019 | $230,000 | 19 OBLEY ST |
14-02-2019 | $108,000 | 18 BRUCE ST |
18-12-2018 | $2,100,000 | 2472 BANJO PATERSON WAY |
02-11-2018 | $335,500 | 36 OBLEY ST |
15-08-2018 | $900,000 | 306 AVONDALE RD |
02-08-2018 | $920,000 | 123 GOOGODERY RD |
29-03-2018 | $230,000 | 6 BRUCE ST |
28-03-2018 | $210,000 | 18 MCLAUGHLAN ST |
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