Hopefield
NSW, 2646
-
Federation
Thinking about buying in Hopefield? Now could not be a better time, with just 58 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,946,000 with prices in this suburb ranging from $295,000 to $10,893,000. The aproximate distance to the coast is 243 Km.
Household Makeup
| Median Weekly Rent | $220.00 |
| Median Monthly Mortgage | $2167.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 3.00 |
| Average Age | 48.00 |
| Average Income | $749.00 |
| Average Cars Per Dwelling | 2.50 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 3 Bed $719,000 |
| 4 Bed $1,526,000 |
Hopefield Real Estate Market Outlook
In Hopefield 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 Hopefield 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 Hopefield 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 Hopefield 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 Hopefield there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Hopefield 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 | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
| Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
| Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
| Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
| May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
| Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
| Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
| Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
| Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
| Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
| Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
| Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 04-09-2023 | $8,600,000 | 322 BALLDALE RD |
| 13-04-2022 | $1,300,000 | 751 HOPEFIELD RD |
| 09-02-2022 | $320,000 | 55 FELTON RD |
| 18-08-2021 | $320,000 | 328 LAVIS RD |
| 07-07-2021 | $1,105,000 | 277 GLENARA RD |
| 01-03-2021 | $660,000 | 6880 RIVERINA HWY |
| 15-02-2021 | $645,000 | 6897 RIVERINA HWY |
| 20-11-2019 | $382,500 | 751 HOPEFIELD RD |
| 02-10-2019 | $2,250,000 | 322 BALLDALE RD |
| 31-07-2019 | $1,525,000 | 322 MORNINGSIDE RD |
| 26-07-2019 | $1,170,000 | 965 HOPEFIELD RD |
| 08-04-2019 | $3,810,000 | 6252 RIVERINA HWY |
| 21-05-2018 | $1,380,000 | 1060 HOPEFIELD RD |
| 13-03-2015 | $150,000 | 328 LAVIS RD |
| 28-02-2014 | $100,000 | 317 LAVIS RD |
| 04-02-2014 | $1,798,000 | 6252 RIVERINA HWY |
| 29-11-2013 | $1,685,112 | 5962 RIVERINA HWY |
| 01-02-2013 | $3,670,000 | 310 LILYDALE RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Springhurst - Greater then 10KM
General Points of Interest
All Saints Winery - Less than 10 KM
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