Thinking about buying in Melinga? Now could not be a better time, with just 108 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $797,000 with prices in this suburb ranging from $152,000 to $1,646,000. The aproximate distance to the coast is 12 Km.
Median Weekly Rent | $345.00 |
Median Monthly Mortgage | $1473.67 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.67 |
Average Age | 52.00 |
Average Income | $590.67 |
Average Cars Per Dwelling | 2.18 |
Average Properties Within 50M | 4 |
1 Bed  $464,000 |
2 Bed  $643,000 |
3 Bed  $807,000 |
4 Bed  $583,000 |
5 Bed  $1,646,000 |
In Melinga 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 Melinga 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 Melinga 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. Lower than average industry presence in Melinga we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melinga a better buying opportunity than it may have been in the past.
21 STATION ST, MELINGA, NSW, 2430 | 3 | 1 | New to the Market |
Lansdowne Public School
(While the above schools are located with the suburb of Melinga 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 | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
20-07-2023 | $649,000 | 11 RAILWAY ST |
14-07-2023 | $650,000 | 15 STATION ST |
26-06-2023 | $233,500 | 3 STATION ST |
12-11-2021 | $680,000 | 1016 LANSDOWNE RD |
17-09-2021 | $1,275,000 | 38 CHEERS RD |
11-03-2021 | $435,000 | 4 DAWSON ST |
09-12-2020 | $735,000 | 183 UPPER LANSDOWNE RD |
06-11-2020 | $680,000 | 1208 LANSDOWNE RD |
30-06-2020 | $470,000 | 1252 LANSDOWNE RD |
27-02-2020 | $565,000 | 1016 LANSDOWNE RD |
09-04-2019 | $130,000 | 21 STATION ST |
05-07-2018 | $355,000 | 12 DAWSON ST |
12-01-2018 | $582,000 | 1128 LANSDOWNE RD |
21-12-2017 | $285,000 | 11 STATION ST |
14-09-2017 | $300,000 | 11 RAILWAY ST |
24-07-2017 | $730,000 | 415 UPPER LANSDOWNE RD |
03-08-2016 | $292,500 | 4 DAWSON ST |
18-09-2015 | $475,000 | 1255 LANSDOWNE RD |
01-07-2015 | $238,500 | 998 LANSDOWNE RD |
09-06-2015 | $855,000 | 1135 LANSDOWNE RD |
19-01-2015 | $354,000 | 15 STATION ST |
04-09-2014 | $325,000 | 11 INNES LANE |
28-08-2014 | $349,000 | 77 UPPER LANSDOWNE RD |
24-03-2014 | $275,500 | 4 DAWSON ST |
20-12-2013 | $280,000 | 1252 LANSDOWNE RD |
20-09-2012 | $335,000 | 1016 LANSDOWNE RD |
10-11-2011 | $270,000 | 1252 LANSDOWNE RD |
20-04-2011 | $475,000 | 120 CHEERS RD |
19-10-2010 | $960,000 | 977 LANSDOWNE RD |
30-10-2009 | $1,500 | 41 UPPER LANSDOWNE RD |
23-10-2009 | $290,000 | 15 STATION ST |
02-10-2009 | $210,000 | 117 CHEERS RD |
06-04-2009 | $365,000 | 1058 LANSDOWNE RD |
29-02-2008 | $400,000 | 124 CHEERS RD |
06-11-2006 | $290,000 | 15 STATION ST |
06-12-2005 | $340,000 | 160 UPPER LANSDOWNE RD |
05-10-2005 | $415,000 | 1128 LANSDOWNE RD |
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