Menindee, a small town in the Central Darling region of New South Wales, presents a unique housing market characterized by its affordability and rural charm. With a rich history tied to the Menindee Lakes and its significance as a point of interest for explorers, Menindee offers a distinct lifestyle that is quite different from city living. The housing market in Menindee is relatively small, with properties often being more affordable compared to those in larger urban centers. This can be particularly appealing for those looking to enjoy a quieter, more laid-back lifestyle or for retirees seeking a peaceful environment. The properties typically include modest family homes, and there might also be opportunities for those interested in agricultural pursuits, given the surrounding landscape.
Living in Menindee provides a sense of community and connection with the natural environment, offering residents the chance to enjoy outdoor recreational activities, particularly around the Menindee Lakes, which are a stunning backdrop for the town. The pace of life is slower, which can be attractive for individuals and families looking to escape the hustle and bustle of city life. The local community is closely-knit, often gathering for local events and social activities. Amenities such as schools, small local shops, and essential services are available, though for more comprehensive shopping and services, residents might need to travel to larger nearby towns. Overall, Menindee offers a unique blend of affordability, tranquility, and community spirit, appealing to those who appreciate a rural lifestyle with a touch of history.
Median Weekly Rent | $188.00 |
Median Monthly Mortgage | $650.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 52.00 |
Average Income | $497.00 |
Average Cars Per Dwelling | 1.36 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $84,000 |
Typical 2 bed house | $91,000 |
Typical 3 bed house | $144,000 |
Typical 4 bed house | $154,000 |
Typical 5 bed house | $245,000 |
Housing Stock
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Thinking about buying in Menindee? Now could not be a better time, with 553 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $257,000 with prices in this suburb ranging from $17,000 to $26,782,000. The aproximate distance to the coast is 350 Km.
In Menindee 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 Menindee 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 Menindee 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 Menindee 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.
Instant Property Valuation43 Yartla Street, Menindee, NSW, 2879 | 4 | 1 | 3 | Please Call |
Menindee Central School
(While the above schools are located with the suburb of Menindee 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 | 0.7 | 17.9 | 34.6 | 16.5 | 61.9 | 3.9 | 28.1 |
Feb | 1.2 | 17.2 | 32.8 | 22.4 | 68.0 | 3.9 | 24.3 |
Mar | 0.9 | 14.6 | 29.4 | 26.2 | 75 | 3.4 | 20.0 |
Apr | 0.7 | 10.5 | 24.5 | 31.0 | 81.5 | 3 | 15.3 |
May | 0.7 | 7.3 | 19.6 | 41.3 | 91.8 | 3.0 | 11.3 |
Jun | 0.5 | 5.0 | 16.3 | 49.3 | 96.1 | 3.0 | 9.6 |
Jul | 0.6 | 4.4 | 16.3 | 46.0 | 94.4 | 3.3 | 9.8 |
Aug | 0.7 | 5.2 | 18 | 36.2 | 90.1 | 3.6 | 12.8 |
Sept | 0.7 | 7.4 | 22.2 | 26.3 | 84.3 | 4.0 | 17.7 |
Oct | 0.7 | 10.5 | 26.0 | 22.7 | 78.2 | 4.0 | 22.7 |
Nov | 0.9 | 13.2 | 29.1 | 20.0 | 73.1 | 4 | 26.6 |
Dec | 1.1 | 15.9 | 32.0 | 17.5 | 65.5 | 4.0 | 29.0 |
source: Australian Government Bureau of Meteorology
23-12-2024 | $18,000 | 20 Holding Street |
17-12-2024 | $10,000 | 143 Wilcannia Menindee Road |
19-11-2024 | $180,000 | 138 Wilcannia Menindee Road |
30-08-2024 | $60,000 | 18 Holding Street |
25-07-2024 | $160,000 | 43 Yartla Street |
07-06-2024 | $128,000 | 6 Maiden Street |
16-11-2023 | $120,000 | 7 Nora Street |
02-08-2023 | $62,000 | 31 Menindee Street |
23-06-2023 | $47,000 | 7 Nora Street |
09-06-2023 | $900 | 40 Paringa Street |
19-05-2023 | $105,000 | 111 Wilcannia-Menindee Road |
06-04-2023 | $80,000 | 48 Yartla Street |
21-03-2023 | $35,000 | 69 Budgie Street |
21-12-2022 | $65,000 | 14 Maiden Street |
30-11-2022 | $220,000 | 319 Little Menindee Creek Road |
11-11-2022 | $38,000 | 34 Menindee Street |
06-10-2022 | $300,000 | 49 Yartla Street |
20-06-2022 | $240,000 | 120 Wilcannia-Menindee Road |
17-06-2022 | $3,500 | 30 Holding Street |
14-06-2022 | $65,000 | 47 Menindee Street |
13-05-2022 | $220,000 | 178 Budgie Street |
06-05-2022 | $45,000 | 7 Henley Street |
25-03-2022 | $60,000 | 43 Yartla Street |
17-12-2021 | $60,000 | 37 Candilla Street |
10-12-2021 | $75,000 | 42 Pooncarie Road |
29-10-2021 | $71,000 | 309 Little Menindee Creek Road |
30-09-2021 | $79,000 | 11 Henley Street |
20-09-2021 | $750 | 4 Pruella Street |
05-07-2021 | $15,000 | 43 Candilla Street |
21-06-2021 | $180,000 | 46 Menindee Street |
18-06-2021 | $9,000 | 11 Haberfield Street |
30-04-2021 | $160,000 | 2 Mcinnes Road |
27-04-2021 | $48,000 | 30 Darling Street |
09-04-2021 | $85,000 | 107 Wilcannia-Menindee Road |
26-03-2021 | $30,000 | 17 Maiden Street |
11-12-2020 | $2,000 | 17 Yartla Street |
11-12-2020 | $3,500 | 41 Candilla Street |
08-12-2020 | $2,000 | 35 Menindee Street |
13-11-2020 | $30,000 | 15 Menindee Street |
06-11-2020 | $155,000 | 68 Wilcannia-Menindee Road |
15-09-2020 | $20,142,863 | 7972 Old Pooncarie Road |
03-08-2020 | $36,000 | 37 Candilla Street |
15-05-2020 | $120,000 | 11 Nora Street |
22-10-2018 | $60,000 | 40 Yartla Street |
13-08-2018 | $105,000 | 89 Wilcannia-Menindee Road |
27-04-2018 | $100,000 | 2 Landells Street |
20-12-2017 | $10,000 | 9 Haberfield Street |
15-12-2017 | $13,500 | 93 Paradise Way |
23-11-2017 | $4,000 | 2 Henley Street |
06-10-2017 | $20,000 | 7 Henley Street |
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