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Namoi River NSW 2346: Property Market Report & Real Estate Insights

Part of Tamworth Regional, NSW

Property Market

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Typical House Prices

Typical Homes & Property Types

Average Internet Speeds in Namoi River

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Namoi River Real Estate Market Outlook

Thinking about buying in Namoi River? Now could not be a better time, with just 44 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,042,000 with prices in this suburb ranging from $804,000 to $1,243,000. The approximate distance to the coast is 195 Km.

Living in Namoi River

In Namoi River 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 Namoi River 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. A mix of professions and above average income earners in Namoi River provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Namoi River 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 Namoi River 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 Namoi River a better buying opportunity than it may have been in the past.

Instant Property Valuation



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2020-01-21 $750,000 1335 Namoi River Road Namoi River, NSW
2018-09-17 $590,000 2908 Namoi River Road Namoi River, NSW
2017-09-14 $691,000 1862 Namoi River Road Namoi River, NSW
2016-11-03 $580,000 1275 Namoi River Road Namoi River, NSW
2016-10-11 $700,000 1678 Crow Mountain Road Namoi River, NSW
2016-05-06 $95,000 3820 Namoi River Road Namoi River, NSW
2016-01-29 $670,000 320 Yellow Rock Road Namoi River, NSW
2015-12-21 $116,980 3820 Namoi River Road Namoi River, NSW
2012-09-28 $150,000 2908 Namoi River Road Namoi River, NSW
2012-04-20 $560,000 1275 Namoi River Road Namoi River, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Namoi River a safe suburb?

Incidents Trend State Average

We are currently collecting information for this location.

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Balmain East 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


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