Thinking about buying in Lochiel? Now could not be a better time, with just 215 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $318,000 with prices in this suburb ranging from $60,000 to $648,000. The aproximate distance to the coast is 16 Km.
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In Lochiel 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 Lochiel 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 Lochiel 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 Lochiel 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.
86 MINE RD, LOCHIEL, NSW, 2549 | 4 | 2 | 2 | $2,499,000 |
None within suburb boundary
(While the above schools are located with the suburb of Lochiel 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 | 1.9 | 17.0 | 22.6 | 64.5 | 90 | 8.1 | 21.9 |
Feb | 2.6 | 17.0 | 22.5 | 65.8 | 90.9 | 7.5 | 18.4 |
Mar | 2.8 | 15.8 | 21.6 | 61.1 | 89.2 | 7.5 | 15.7 |
Apr | 2.2 | 14.0 | 20.2 | 58.5 | 88.6 | 6.6 | 12.8 |
May | 2.5 | 11.3 | 17.4 | 57.4 | 88.8 | 7.0 | 9.6 |
Jun | 3.3 | 9.7 | 15.5 | 59 | 88.9 | 6.7 | 7.7 |
Jul | 1.7 | 8.8 | 15.0 | 54.2 | 87.6 | 6.5 | 8.5 |
Aug | 2.1 | 8.9 | 15.7 | 50.9 | 87.6 | 7 | 11 |
Sept | 2.1 | 10.5 | 17.1 | 56.1 | 89.3 | 8 | 14.9 |
Oct | 2.4 | 11.4 | 17.9 | 56.5 | 89.2 | 8.1 | 19.3 |
Nov | 2.2 | 13.8 | 19.7 | 60.8 | 89.3 | 8.3 | 23.3 |
Dec | 2.0 | 15.1 | 21.0 | 61.0 | 88.4 | 8.4 | 25.1 |
source: Australian Government Bureau of Meteorology
18-07-2024 | $900,000 | 29 BINDAREE RD |
25-01-2024 | $550,000 | 391 MOUNT DARRAGH RD |
20-10-2023 | $1,299,000 | 377 OAKLANDS RD |
18-08-2023 | $1,700,000 | 790 BACK CREEK RD |
23-06-2023 | $1,050,000 | 30 MALLYON CL |
14-04-2023 | $2,300,000 | 491 BACK CREEK RD |
15-07-2022 | $635,000 | 1412 MOUNT DARRAGH RD |
23-11-2021 | $1,100,000 | 114 MINE RD |
29-09-2021 | $50,000 | 8 MCGRATHS RD |
26-07-2021 | $1,150,000 | 676 MOUNT DARRAGH RD |
23-07-2021 | $830,000 | 355 OAKLANDS RD |
07-05-2021 | $860,000 | 377 OAKLANDS RD |
20-04-2021 | $300,000 | 172 MINE RD |
09-12-2020 | $810,000 | 561 BACK CREEK RD |
11-11-2020 | $855,000 | 634 BACK CREEK RD |
02-10-2020 | $649,000 | 5 KOPIRRIE LANE |
18-08-2020 | $460,000 | 49 OMARU LANE |
07-08-2020 | $330,000 | 223 OAKLANDS RD |
31-07-2020 | $838,000 | 81 LOCHVIEW FARM RD |
26-06-2020 | $92,000 | 581 BACK CREEK RD |
17-04-2020 | $590,000 | 47 LOCHVIEW FARM RD |
17-04-2020 | $488,000 | 690 MOUNT DARRAGH RD |
09-04-2020 | $250,000 | 180 MCGRATHS RD |
27-03-2020 | $360,000 | 667 MOUNT DARRAGH RD |
04-11-2019 | $250,000 | 22 LOCHVIEW FARM RD |
02-10-2019 | $670,000 | 22 LIMOUSIN DR |
30-09-2019 | $1,075,000 | 790 BACK CREEK RD |
10-09-2019 | $270,000 | 6 BEATTIE LANE |
13-05-2019 | $620,000 | 421 MOUNT DARRAGH RD |
19-11-2018 | $236,000 | 581 BACK CREEK RD |
15-10-2018 | $585,000 | 47 LOCHVIEW FARM RD |
31-08-2018 | $396,000 | 42 LOCHVIEW FARM RD |
12-07-2018 | $535,000 | 999 BACK CREEK RD |
15-06-2018 | $535,000 | 21 BINDAREE RD |
12-06-2018 | $880,000 | 494 MOUNT DARRAGH RD |
24-04-2018 | $335,000 | 23 OMARU LANE |
29-01-2018 | $225,000 | 1414 MOUNT DARRAGH RD |
06-12-2017 | $79,000 | 302 MCGRATHS RD |
24-10-2017 | $585,000 | 51 MCGRATHS RD |
18-07-2017 | $665,000 | 377 OAKLANDS RD |
03-04-2017 | $395,000 | 1012 BACK CREEK RD |
31-03-2017 | $620,000 | 620 BACK CREEK RD |
15-12-2016 | $240,000 | 6 BEATTIE LANE |
01-11-2016 | $669,000 | 81 LOCHVIEW FARM RD |
24-10-2016 | $550,000 | 634 BACK CREEK RD |
19-08-2016 | $182,000 | 734 MOUNT DARRAGH RD |
29-07-2016 | $360,000 | 419 MOUNT DARRAGH RD |
27-07-2016 | $425,000 | 9 BINDAREE RD |
20-05-2016 | $523,000 | 464 BACK CREEK RD |
08-04-2016 | $525,000 | 972 BACK CREEK RD |
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