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Micalo Island
NSW, 2464 - Clarence Valley

Thinking about buying in Micalo Island? Now could not be a better time, with just 25 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,295,000 with prices in this suburb ranging from $614,000 to $4,009,000. Micalo Island is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $310.00
Median Monthly Mortgage $1500.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 72.00
Average Income $483.00
Average Cars Per Dwelling 1.47
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $626,000
2 Bed  $662,000
3 Bed  $912,000
5 Bed  $1,992,000

Micalo Island Real Estate Market Outlook

In Micalo Island 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 Micalo Island 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 Micalo Island 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. Lower than average population density constrains growth in Micalo Island to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Micalo Island 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 Micalo Island a better buying opportunity than it may have been in the past.

Houses for sale Micalo Island

LJ Hooker 13 OYSTER CHANNEL RD, MICALO ISLAND, NSW, 2464 Beds2 Bathrooms1 Parking 3 Offers Invited

Local Schools

St James' Primary School

Palmers Island Public School

(While the above schools are located with the suburb of Micalo Island there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Micalo Island weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan521.12866.994.63.824.9
Feb6.321.327.965.695.44.521.7
Mar4.220.427.466.897.14.118.3
Apr5.317.225.063.496.04.015.6
May3.913.522.063.395.13.412.6
Jun4.711.720.45993.33.511.1
Jul2.610.720.452.491.23.312.2
Aug2.610.921.545.589.83.615.6
Sept1.113.823.350.891.03.818.5
Oct3.116.224.558.893.14.021.7
Nov1.918.426.558.493.34.025.0
Dec2.619.827.262.994.63.925.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-02-2022 $1,075,000 13 OYSTER CHANNEL RD
30-04-2021 $3,150,000 151 MICALO RD
15-01-2021 $1,690,000 60 MICALO RD
31-07-2020 $700,000 23 OYSTER CHANNEL RD
23-03-2018 $550,000 13 OYSTER CHANNEL RD
31-08-2017 $1,550,000 60 MICALO RD
27-01-2017 $536,000 5 MICALO RD
05-08-2016 $485,000 50 MICALO RD
23-03-2016 $544,000 17 OYSTER CHANNEL RD
10-09-2015 $150,000 46 MICALO RD
06-06-2013 $270,000 2 MICALO RD
25-09-2012 $900,000 251 MICALO RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

YambaPalmers IslandWooloweyahPalmers ChannelNyguru VillageAngourieFreeburn IslandJames CreekHarwoodIluka

Public Transport


General Points of Interest

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