Thinking about buying in Murringo? Now could not be a better time, with just 322 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $415,000 with prices in this suburb ranging from $42,000 to $1,122,000. The aproximate distance to the coast is 198 Km.
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In Murringo 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 Murringo 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 Murringo 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 Murringo 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.
2200 murringo rd, murringo, nsw, 2586 | 0 | 0 | 0 | 330000 |
Murringo Public School
(While the above schools are located with the suburb of Murringo 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 | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
06-12-2024 | $635,000 | 1291 BELOWRA RD |
18-10-2024 | $18,320,000 | 777 MURRINGO FLATS RD |
27-09-2024 | $325,000 | 11 BURRANGONG ST |
08-08-2024 | $70,000 | 1186 GEEGULLALONG RD |
10-04-2024 | $215,000 | 44 DOWLING DR |
20-12-2023 | $60,000 | 72 CREAMERY RD |
13-12-2023 | $1,300,000 | 2177 MURRINGO RD |
02-08-2023 | $500,000 | 370 MURRINGO GAP RD |
17-05-2023 | $214,000 | 42 DOWLING DR |
07-02-2023 | $190,000 | 16 DOWLING DR |
09-12-2022 | $595,000 | 76 DOWLING DR |
14-11-2022 | $740,000 | 2099 MURRINGO RD |
12-10-2022 | $340,000 | 70 WATSONS RD |
11-10-2022 | $210,000 | 42 DOWLING DR |
25-08-2022 | $750,000 | 212 CREAMERY RD |
24-08-2022 | $195,000 | 22 MCGEE PL |
10-08-2022 | $210,000 | 77 DOWLING DR |
05-08-2022 | $275,000 | 2254 MURRINGO RD |
01-07-2022 | $700,000 | 261 CALABASH LANE |
24-06-2022 | $730,000 | 233 CALABASH LANE |
06-06-2022 | $685,000 | 1709 GEEGULLALONG RD |
06-06-2022 | $338,000 | 11 MALONEYS RD |
06-06-2022 | $685,000 | 1709 GEEGULLALONG RD |
06-06-2022 | $338,000 | 11 MALONEYS RD |
03-06-2022 | $920,000 | 1370 GEEGULLALONG RD |
11-05-2022 | $85,000 | 15 MASON ST |
31-03-2022 | $476,500 | 76 DOWLING DR |
24-03-2022 | $461,000 | 81 MURRINGO GAP RD |
14-01-2022 | $223,000 | 11 BURRANGONG ST |
09-12-2021 | $108,000 | 2246 MURRINGO RD |
07-12-2021 | $1,200,000 | 1581 GEEGULLALONG RD |
03-12-2021 | $5,857,600 | 897 MURRINGO FLATS RD |
01-12-2021 | $1,500,000 | 255 MALONEYS RD |
25-11-2021 | $449,000 | 79 DOWLING DR |
17-11-2021 | $299,000 | 801 MURRINGO FLATS RD |
21-10-2021 | $150,000 | 29 DOWLING DR |
31-08-2021 | $147,064 | 1011 GEEGULLALONG RD |
27-08-2021 | $435,000 | 20 MALONEYS RD |
28-07-2021 | $150,000 | 91 DOWLING DR |
23-07-2021 | $610,000 | 846 GEEGULLALONG RD |
08-03-2021 | $260,000 | 127 CALABASH LANE |
11-11-2020 | $650,000 | 2244 MURRINGO RD |
01-10-2020 | $315,000 | 81 MURRINGO GAP RD |
25-09-2020 | $87,000 | 22 MCGEE PL |
01-09-2020 | $175,000 | 2264 MURRINGO RD |
27-08-2020 | $157,500 | 109 DOWLING DR |
24-08-2020 | $155,000 | 17 BURRANGONG ST |
02-04-2020 | $200,000 | 2260 MURRINGO RD |
08-01-2020 | $220,000 | 110 DOWLING DR |
12-12-2019 | $255,000 | 58 MURRINGO GAP RD |
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