Thinking about buying in Far Meadow? Now could not be a better time, with just 121 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,799,000 with prices in this suburb ranging from $635,000 to $6,686,000. Far Meadow is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
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Average Income | $ |
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Far Meadow 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 Far Meadow 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. Lower than average industry presence in Far Meadow 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 Far Meadow a better buying opportunity than it may have been in the past.
490 BACK FOREST RD, FAR MEADOW, NSW, 2535 | 4 | 3 | 2 | Contact Agent - POA |
None within suburb boundary
(While the above schools are located with the suburb of Far Meadow 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 | 2.7 | 19.2 | 25.4 | 65.8 | 89.8 | 4.8 | 22.9 |
Feb | 4.4 | 19.0 | 24.8 | 66.9 | 89.3 | 4.6 | 19.3 |
Mar | 4.5 | 18.2 | 24.1 | 62.2 | 87.5 | 4.8 | 16.1 |
Apr | 2.7 | 15.5 | 22.2 | 56.9 | 84.4 | 4.1 | 14.2 |
May | 1.9 | 13.3 | 20.0 | 52.4 | 78.7 | 4.4 | 11.2 |
Jun | 3.4 | 11.3 | 17.5 | 53.4 | 77.1 | 4.5 | 9.0 |
Jul | 2.1 | 10.2 | 17.5 | 46.5 | 72.6 | 4.4 | 10.1 |
Aug | 2.7 | 10.5 | 18.0 | 44.5 | 74.6 | 4.8 | 12.8 |
Sept | 1.5 | 12.2 | 19.9 | 47.3 | 80.2 | 4.5 | 16.6 |
Oct | 2.6 | 14.0 | 21.3 | 55.1 | 85.2 | 4.7 | 20.6 |
Nov | 2.1 | 15.8 | 23.1 | 56.4 | 85.0 | 4.6 | 22.3 |
Dec | 2.4 | 17.6 | 24.0 | 61.6 | 85.7 | 4.5 | 22.4 |
source: Australian Government Bureau of Meteorology
11-12-2023 | $3,060,000 | 321 BRYCES RD |
18-09-2023 | $2,650,000 | 39 ROXBROUGH RD |
31-08-2022 | $2,420,000 | 39 ROXBROUGH RD |
02-10-2020 | $1,570,000 | 420 BACK FOREST RD |
22-04-2020 | $1,820,000 | 15 BRYCES RD |
14-02-2020 | $2,760,000 | 439 COOLANGATTA RD |
22-10-2019 | $1,160,000 | 409 COOLANGATTA RD |
16-08-2019 | $1,940,000 | 321 BRYCES RD |
02-08-2019 | $2,720,000 | 199 COOLANGATTA RD |
23-07-2019 | $2,600,000 | 81 ROXBROUGH RD |
30-11-2017 | $1,750,000 | 417 BACK FOREST RD |
06-04-2017 | $1,395,000 | 421 COOLANGATTA RD |
14-12-2016 | $1,050,000 | 75 ROXBROUGH RD |
29-04-2016 | $1,800,000 | 515 BACK FOREST RD |
18-02-2016 | $1,662,500 | 8 SWAMP RD |
25-01-2016 | $600,000 | 469 COOLANGATTA RD |
10-11-2015 | $1,400,000 | 440 BACK FOREST RD |
20-10-2015 | $1,225,000 | 417 BACK FOREST RD |
01-09-2015 | $2,200,000 | 64 BRYCES RD |
18-06-2015 | $1,075,000 | 288 BRYCES RD |
31-03-2015 | $800,000 | 449 BACK FOREST RD |
30-03-2015 | $1,165,000 | 511 COOLANGATTA RD |
02-12-2014 | $975,000 | 323 BRYCES RD |
09-04-2014 | $880,000 | 38 ROXBROUGH RD |
31-03-2014 | $950,000 | 249 BRYCES RD |
02-12-2013 | $910,000 | 417 BACK FOREST RD |
19-04-2013 | $1,142,000 | 83 ROXBROUGH RD |
07-11-2012 | $1,105,000 | 18 ROXBROUGH RD |
11-04-2011 | $915,000 | 45 ROXBROUGH RD |
05-11-2010 | $1,200,000 | 440 BACK FOREST RD |
15-10-2010 | $223,333 | 17 ROXBROUGH RD |
10-09-2010 | $1,275,000 | 46 ROXBROUGH RD |
08-09-2010 | $885,000 | 100 BRYCES RD |
30-07-2010 | $223,333 | 17 ROXBROUGH RD |
19-05-2010 | $835,000 | 225 BRYCES RD |
18-02-2010 | $1,540,000 | 199 COOLANGATTA RD |
16-10-2009 | $847,500 | 68 ROXBROUGH RD |
23-03-2009 | $1,450,000 | 81 ROXBROUGH RD |
21-09-2007 | $655,000 | 471 COOLANGATTA RD |
02-07-2007 | $985,000 | 435 COOLANGATTA RD |
10-04-2007 | $675,000 | 320 BRYCES RD |
21-12-2006 | $818,000 | 440 BACK FOREST RD |
22-11-2006 | $950,000 | 499 COOLANGATTA RD |
13-02-2006 | $667,500 | 409 COOLANGATTA RD |
16-08-2005 | $765,000 | 309 BRYCES RD |
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