Greg Greg NSW 2642: Property Market Report & Real Estate Insights
Part of Snowy Valleys, NSW
Property Market
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Typical House Prices
Typical Homes & Property Types
Average Internet Speeds in Greg Greg
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Greg Greg Real Estate Market Outlook
Thinking about buying in Greg Greg? Now could not be a better time, with just 25 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,753,000 with prices in this suburb ranging from $481,000 to $8,255,000. The approximate distance to the coast is 175 Km.
Living in Greg Greg
In Greg Greg 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 Greg Greg 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. Low average earnings from people in Greg Greg leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Greg Greg 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.
Instant Property ValuationProperties for sale in Greg Greg
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29 Welumba Creek Road, Greg Greg, NSW, 2642 |  3 |
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$295 per week |
Recently Sold Properties
| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2025-01-31 | $6,350,000 | 4915 Tooma Road | Greg Greg, NSW |
| 2023-09-12 | $1,825,000 | 340 Welumba Creek Road | Greg Greg, NSW |
| 2022-01-12 | $5,265,000 | 5130 Tooma Road | Greg Greg, NSW |
| 2020-11-30 | $2,640,000 | 29 Welumba Creek Road | Greg Greg, NSW |
| 2020-02-19 | $2,000,000 | 100 Welumba Creek Road | Greg Greg, NSW |
| 2019-12-16 | $12,500,000 | 100 Welumba Creek Road | Greg Greg, NSW |
| 2017-08-07 | $222,000 | 347 Welumba Creek Road | Greg Greg, NSW |
| 2016-01-20 | $1,400,000 | 51 Welumba Creek Road | Greg Greg, NSW |
| 2013-06-03 | $800,000 | 451 Welumba Creek Road | Greg Greg, NSW |
| 2012-12-18 | $810,000 | 50 Welumba Creek North Road | Greg Greg, NSW |
| 2012-10-03 | $420,000 | 340 Welumba Creek Road | Greg Greg, NSW |
| 2012-07-20 | $1,335,000 | 4915 Tooma Road | Greg Greg, NSW |
| 2012-02-27 | $270,000 | 899 Welumba Creek Road | Greg Greg, NSW |
| 2011-12-09 | $270,000 | 899 Welumba Creek Road | Greg Greg, NSW |
| 2011-10-10 | $7,000,000 | 100 Welumba Creek Road | Greg Greg, NSW |
| 2006-01-16 | $194,600 | 51 Welumba Creek Road | Greg Greg, NSW |
Local Schools
No local schools recorded within the suburb boundary.
Is Greg Greg a safe suburb?
Incidents Trend State Average
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Balmain East 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 | 2.4 | 15.1 | 27.1 | 31.8 | 76.2 | 2.0 | 26.3 |
| Feb | 3.4 | 14.0 | 25.2 | 40.4 | 79.5 | 1.7 | 21.9 |
| Mar | 3.6 | 11.8 | 21.7 | 47.4 | 82.9 | 1.7 | 17.3 |
| Apr | 3.1 | 8.7 | 16.6 | 55.6 | 85.7 | 1.7 | 13.3 |
| May | 3.5 | 5.3 | 11.8 | 66.1 | 90.3 | 1.7 | 9.4 |
| Jun | 4.6 | 3.2 | 8.6 | 75.9 | 96.3 | 1.7 | 7.3 |
| Jul | 5.2 | 2.1 | 7.5 | 78.0 | 98.3 | 1.9 | 7.5 |
| Aug | 3.9 | 2.2 | 8.6 | 68.3 | 96.8 | 2.0 | 10.2 |
| Sept | 3.3 | 4.6 | 12.7 | 56.4 | 93.2 | 2.1 | 15 |
| Oct | 2.8 | 8.2 | 17.8 | 46.9 | 87.5 | 2.0 | 20.6 |
| Nov | 3.3 | 10.6 | 20.7 | 42.2 | 83.9 | 2.1 | 24.7 |
| Dec | 3.3 | 12.4 | 23.3 | 37.9 | 81.7 | 2.1 | 26.5 |
source: Australian Government Bureau of Meteorology
Nearby Suburbs
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