Thinking about buying in Errowanbang? Now could not be a better time, with just 56 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,077,000 with prices in this suburb ranging from $361,000 to $1,272,000. The aproximate distance to the coast is 189 Km.
Household Makeup
| Median Weekly Rent | $325.00 |
| Median Monthly Mortgage | $2174.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 43.00 |
| Average Income | $891.00 |
| Average Cars Per Dwelling | 2.43 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 2 Bed $1,106,000 |
| 3 Bed $1,106,000 |
Errowanbang Real Estate Market Outlook
In Errowanbang 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 Errowanbang 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 Errowanbang 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 Errowanbang 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.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Errowanbang there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Errowanbang 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 | |
|---|---|---|---|---|---|---|---|
| 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
Recently Sold Properties / House Prices
| 18-04-2023 | $580,000 | 899 ERROWANBANG RD |
| 17-12-2021 | $250,000 | 891 ERROWANBANG RD |
| 08-10-2021 | $62,500,000 | 183 MERIBAH RD |
| 05-07-2016 | $240,000 | 1257 ERROWANBANG RD |
| 08-03-2016 | $673,000 | 1326 ERROWANBANG RD |
| 05-09-2014 | $590,000 | 1711 ERROWANBANG RD |
| 13-12-2013 | $1,300,000 | 1122 ERROWANBANG RD |
| 11-11-2011 | $260,000 | 1287 ERROWANBANG RD |
| 19-01-2011 | $665,000 | 30 PANUARA RD |
| 04-05-2009 | $38,500 | 891 ERROWANBANG RD |
| 14-12-2007 | $650,000 | 2245 CADIA RD |
| 22-11-2007 | $580,000 | 1877 ERROWANBANG RD |
| 27-05-2005 | $552,000 | 1877 ERROWANBANG RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Blayney - Greater then 10KM
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