Thinking about buying in Lightning Ridge? Now could not be a better time, with 1384 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $250,000 with prices in this suburb ranging from $31,000 to $1,624,000. The aproximate distance to the coast is 480 Km.
Median Weekly Rent | $176.67 |
Median Monthly Mortgage | $950.50 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.00 |
Average Age | 50.17 |
Average Income | $504.83 |
Average Cars Per Dwelling | 1.66 |
Average Properties Within 50M | 8 |
1 Bed  $140,000 |
2 Bed  $163,000 |
3 Bed  $272,000 |
4 Bed  $339,000 |
5 Bed  $426,000 |
6 Bed+$297,000 |
In Lightning Ridge 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 Lightning Ridge 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 Lightning Ridge 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 Lightning Ridge 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.
Lightning Ridge Central School
(While the above schools are located with the suburb of Lightning Ridge 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 | 1.5 | 22.5 | 35.7 | 24.5 | 67.0 | 4.2 | 25.7 |
Feb | 2.7 | 21.3 | 33.8 | 29.1 | 73.2 | 3.8 | 24.4 |
Mar | 1.5 | 19.7 | 32.4 | 29.9 | 75.3 | 3.5 | 20.6 |
Apr | 0.6 | 14.2 | 28.5 | 29.3 | 78.9 | 3.0 | 18.4 |
May | 0.8 | 8.9 | 23.6 | 32.9 | 84.0 | 2.8 | 14.5 |
Jun | 1.0 | 6.8 | 19.6 | 42.1 | 88.9 | 3.0 | 12.5 |
Jul | 0.8 | 5.5 | 19.6 | 36.6 | 87.1 | 3.0 | 13.7 |
Aug | 0.4 | 5.4 | 21.9 | 25.8 | 79.8 | 3.1 | 16.4 |
Sept | 0.8 | 10.2 | 26.6 | 21.9 | 70.2 | 3.6 | 21 |
Oct | 1.1 | 14.4 | 29.6 | 23.1 | 69.3 | 3.9 | 24.7 |
Nov | 2.2 | 18.8 | 33.4 | 22.6 | 67.1 | 4 | 27.0 |
Dec | 1.0 | 20.5 | 34.3 | 24.5 | 68.7 | 4.1 | 27.9 |
source: Australian Government Bureau of Meteorology
15-10-2024 | $195,000 | 14 MATRIX ST |
06-09-2024 | $130,000 | 3 MATRIX ST |
23-08-2024 | $610,000 | 43 NETTLETON DR |
20-08-2024 | $270,000 | 14 LAPPKALLE ST |
19-06-2024 | $335,000 | 9 RED ADMIRAL PL |
24-05-2024 | $50,000 | 130 PANDORA ST |
01-05-2024 | $380,000 | 8 MORILLA ST |
18-04-2024 | $130,000 | 12 CARDINAL RD |
16-04-2024 | $240,000 | 45 HARLEQUIN ST |
11-03-2024 | $170,000 | 37 OPAL ST |
14-02-2024 | $230,000 | 58 BUTTERFLY AVE |
21-12-2023 | $360,000 | 11 NOBBY RD |
20-12-2023 | $220,000 | 18 AGATE ST |
20-12-2023 | $450,000 | 36 BUTTERFLY AVE |
13-12-2023 | $120,000 | 45 NETTLETON DR |
28-11-2023 | $105,000 | 4 BLACK PRINCE DR |
17-11-2023 | $349,000 | 26 PANDORA ST |
16-11-2023 | $45,000 | 10 AGATE ST |
03-11-2023 | $280,000 | 41 BLACK PRINCE DR |
06-10-2023 | $250,000 | 21 OPAL ST |
22-09-2023 | $230,000 | 5 POTCH ST |
11-09-2023 | $366,000 | 22 KAOLIN ST |
05-09-2023 | $85,000 | 92 FRED REECE WAY |
17-08-2023 | $520,000 | 46 NETTLETON DR |
01-08-2023 | $330,000 | 38 NOBBY RD |
27-07-2023 | $226,500 | 61 PANDORA ST |
29-06-2023 | $1,133,000 | 12 MORILLA ST |
21-06-2023 | $190,000 | 40 PANDORA ST |
01-06-2023 | $1,225,000 | 34 OPAL ST |
10-05-2023 | $260,000 | 107 PANDORA ST |
14-04-2023 | $324,500 | 36 NOBBY RD |
12-04-2023 | $265,000 | 26 NETTLETON DR |
31-03-2023 | $200,000 | 7 RED ADMIRAL PL |
08-02-2023 | $280,000 | 42 BLACK PRINCE DR |
08-02-2023 | $205,000 | 26 HARLEQUIN ST |
08-02-2023 | $280,000 | 42 BLACK PRINCE DR |
08-02-2023 | $205,000 | 26 HARLEQUIN ST |
01-02-2023 | $155,000 | 6 RED ADMIRAL PL |
30-01-2023 | $260,000 | 2 MATRIX ST |
21-12-2022 | $85,000 | 73 OPAL ST |
13-12-2022 | $245,000 | 64 BLACK PRINCE DR |
21-11-2022 | $725,000 | 5 MORILLA ST |
28-10-2022 | $110,000 | 2 RED ADMIRAL PL |
14-10-2022 | $440,000 | 68 OPAL ST |
09-09-2022 | $285,000 | 44 BLACK PRINCE DR |
05-08-2022 | $60,000 | 45 OPAL ST |
27-07-2022 | $285,000 | 5 NETTLETON DR |
18-07-2022 | $295,000 | 6 RAINBOW ST |
13-07-2022 | $300,000 | 7 BRILLIANT ST |
06-07-2022 | $495,000 | 60 BUTTERFLY AVE |
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