Thinking about buying in Megan? Now could not be a better time, with just 130 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $871,000 with prices in this suburb ranging from $264,000 to $1,561,000. The aproximate distance to the coast is 27 Km.
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In Megan 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 Megan 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 Megan 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 Megan 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.
None within suburb boundary
(While the above schools are located with the suburb of Megan 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 | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
28-11-2023 | $695,000 | 1387 CORAMBA RD |
07-06-2023 | $2,500,000 | 73 SLINGSBYS RD |
28-07-2022 | $860,000 | 274 SLINGSBYS RD |
10-09-2021 | $820,000 | 736 CORAMBA RD |
12-08-2021 | $475,000 | 25 MACKAYS CREEK RD |
09-06-2021 | $379,000 | 1394 CORAMBA RD |
20-05-2021 | $225,500 | 19 RICHARDS RD |
09-04-2021 | $495,000 | 151 BEVERLEYS RD |
06-11-2020 | $535,000 | 13 HUDSONS RD |
09-10-2020 | $340,000 | 114 WARDS RD |
11-08-2020 | $340,000 | 136 HUDSONS RD |
12-06-2020 | $2,075,000 | 153 BREAKWELLS RD |
03-04-2020 | $980,000 | 230 BEVERLEYS RD |
12-12-2019 | $1,000,000 | 1644 CORAMBA RD |
27-09-2019 | $585,000 | 736 CORAMBA RD |
10-07-2019 | $107,000 | 19 RICHARDS RD |
04-06-2019 | $585,000 | 376 SLINGSBYS RD |
11-04-2019 | $340,000 | 25 RICHARDS RD |
20-12-2018 | $130,000 | 125 RODGERS RD E |
31-10-2018 | $985,000 | 72 BRIGGSVALE RD |
15-08-2018 | $150,000 | 125 RODGERS RD E |
24-07-2018 | $800,000 | 1378 CORAMBA RD |
25-05-2018 | $290,000 | 70 BRIGGSVALE RD |
26-04-2018 | $535,000 | 1691 CORAMBA RD |
18-01-2018 | $610,000 | 1401 CORAMBA RD |
28-11-2017 | $315,000 | 1387 CORAMBA RD |
01-11-2017 | $595,000 | 397 SLINGSBYS RD |
25-09-2017 | $460,000 | 304 SLINGSBYS RD |
27-07-2017 | $1,000,000 | 35 WARDS RD |
13-07-2017 | $230,000 | 437 SLINGSBYS RD |
27-06-2017 | $745,000 | 303 SLINGSBYS RD |
23-06-2017 | $140,000 | 136 HUDSONS RD |
13-03-2017 | $420,000 | 90 RODGERS RD E |
24-02-2017 | $50,000 | 125 RODGERS RD E |
01-02-2017 | $900,000 | 82 BREAKWELLS RD |
09-12-2016 | $475,000 | 130 HUDSONS RD |
11-11-2016 | $508,000 | 408 SLINGSBYS RD |
26-02-2016 | $1,500,000 | 153 BREAKWELLS RD |
05-08-2015 | $220,000 | 41 RODGERS RD E |
14-07-2015 | $399,000 | 304 SLINGSBYS RD |
03-06-2014 | $307,000 | 1689 CORAMBA RD |
18-04-2013 | $280,000 | 121 BEVERLEYS RD |
05-04-2013 | $190,000 | 114 WARDS RD |
08-02-2013 | $50,000 | 1387 CORAMBA RD |
02-11-2012 | $307,500 | 13 RODGERS RD E |
06-08-2012 | $295,000 | 25 RICHARDS RD |
12-12-2011 | $490,000 | 274 SLINGSBYS RD |
18-02-2011 | $310,000 | 982 CORAMBA RD |
19-07-2010 | $370,000 | 151 BEVERLEYS RD |
27-11-2009 | $275,000 | 982 CORAMBA RD |
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