Thinking about buying in Fairholme? Now could not be a better time, with just 49 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,212,000 with prices in this suburb ranging from $659,000 to $2,268,000. The aproximate distance to the coast is 337 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Fairholme Real Estate Market Outlook
In Fairholme 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 Fairholme 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 Fairholme 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 Fairholme 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 Fairholme there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Fairholme 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 | 1.3 | 17.3 | 34.5 | 21.1 | 72.7 | 4.5 | 27.2 |
| Feb | 2.0 | 16.9 | 31.8 | 28.6 | 77.1 | 4.4 | 23.7 |
| Mar | 2.3 | 13.7 | 28.1 | 32.7 | 83.2 | 4.1 | 19.2 |
| Apr | 1.2 | 8.8 | 23.3 | 39.8 | 90.7 | 3.1 | 15 |
| May | 1 | 4.6 | 18.2 | 48.0 | 95.3 | 2.9 | 12.2 |
| Jun | 1.4 | 2.5 | 14.5 | 60.7 | 97.7 | 2.8 | 9.3 |
| Jul | 1.2 | 1.6 | 13.7 | 59.3 | 97.9 | 2.9 | 9.7 |
| Aug | 1.2 | 1.3 | 15 | 52.8 | 98.2 | 3.2 | 12.3 |
| Sept | 1.5 | 3.6 | 19.5 | 42.7 | 94.9 | 3.6 | 17.2 |
| Oct | 1.4 | 7.6 | 24.3 | 33.1 | 88.3 | 3.7 | 21.7 |
| Nov | 1.6 | 11.5 | 28.1 | 27.2 | 85 | 4.1 | 25 |
| Dec | 1.3 | 14.4 | 31.5 | 22.0 | 76.4 | 4.4 | 28.0 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 30-01-2024 | $3,234,000 | 216 FAIRHOLME RD |
| 25-10-2023 | $17,960,000 | 6014 LACHLAN VALLEY WAY |
| 18-09-2023 | $12,500,000 | 486 FAIRHOLME RD |
| 03-03-2023 | $11,972,714 | 338 HOPES RD |
| 28-10-2022 | $1,250,000 | 86 BANDALONG RD |
| 17-11-2021 | $4,000,000 | 92 HOPES RD |
| 10-09-2021 | $2,789,600 | 49 MARBY LANE |
| 16-06-2021 | $350,000 | 86 BANDALONG RD |
| 22-01-2021 | $2,200,000 | 989 MARSDEN RD |
| 01-12-2020 | $500,000 | 6921 LACHLAN VALLEY WAY |
| 17-04-2020 | $11,500,000 | 256 DRIFTWAY RD |
| 27-03-2020 | $2,008,400 | 5798 LACHLAN VALLEY WAY |
| 17-10-2019 | $1,543,250 | 5678 LACHLAN VALLEY WAY |
| 05-02-2018 | $1,705,600 | 5798 LACHLAN VALLEY WAY |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Condobolin - Greater then 10KM
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