Thinking about buying in Nelligen? Now could not be a better time, with just 369 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $863,000 with prices in this suburb ranging from $44,000 to $3,395,000. Nelligen 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.

Nelligen Real Estate Market Outlook

In Nelligen 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 Nelligen 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 Nelligen 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 Nelligen 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.

Houses for sale Nelligen

2 COWPER ST, NELLIGEN, NSW, 2536

3

1

4

$980,000

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Recently Sold Properties / House Prices

30-09-2024	$435,000	1023 KINGS HWY
16-09-2024	$655,000	5 NELLIGEN PL
10-09-2024	$750,000	37 CLYDE BVD
08-07-2024	$940,000	5 RUNNYFORD RD
21-05-2024	$2,000,000	3 SPROXTONS LANE
16-04-2024	$875,000	130 ALLARDS LANE
05-02-2024	$1,180,000	11 WHARF ST
20-12-2023	$745,000	30 RUNNYFORD RD
04-12-2023	$850,000	979 KINGS HWY
23-11-2023	$1,688,000	5 SPROXTONS LANE
10-11-2023	$680,000	155 MCCARDYS CREEK RD
24-10-2023	$715,000	23 NELLIGEN PL
06-10-2023	$360,000	18 REID ST
08-09-2023	$680,000	19 RUNNYFORD RD
24-07-2023	$265,000	25 CLYDE BVD
22-05-2023	$1,145,000	1121 KINGS HWY
03-04-2023	$250,000	25 RUNNYFORD RD
31-03-2023	$1,050,000	24 PARADISE RD
10-01-2023	$3,000,000	963 KINGS HWY
19-12-2022	$1,912,000	54 ALLARDS LANE
09-12-2022	$1,280,000	78 THULE RD
09-11-2022	$805,000	23 RUNNYFORD RD
09-11-2022	$1,225,000	210 NELLIGEN CREEK RD
09-11-2022	$805,000	23 RUNNYFORD RD
09-11-2022	$1,225,000	210 NELLIGEN CREEK RD
17-10-2022	$1,450,000	1 WHARF ST
27-07-2022	$580,000	55 OLD BOLARO RD
01-07-2022	$600,000	16 REID ST
02-06-2022	$4,750,000	1 BRIDGE VIEW RD
11-05-2022	$805,000	10 NELLIGEN PL
21-04-2022	$700,000	14 REID ST
11-04-2022	$1,601,000	3 WHARF ST
30-03-2022	$350,000	23 BRAIDWOOD ST
08-03-2022	$285,000	8 NELLIGEN PL
14-01-2022	$680,000	11 CURROWAN ST
20-12-2021	$730,000	20 NELLIGEN PL
20-12-2021	$779,000	3 CLYDE BVD
10-12-2021	$675,000	9 CURROWAN ST
30-11-2021	$815,000	17 BRAIDWOOD ST
16-08-2021	$660,000	37 CLYDE BVD
23-04-2021	$1,300,000	19 SPROXTONS LANE
12-04-2021	$1,265,000	22 ALLARDS LANE
25-03-2021	$570,000	238 OLD BOLARO RD
23-03-2021	$380,000	167 MCCARDYS CREEK RD
04-02-2021	$685,000	130 ALLARDS LANE
18-12-2020	$450,000	19 RUNNYFORD RD
27-10-2020	$425,000	36 RUNNYFORD RD
19-10-2020	$520,000	14 BRAIDWOOD ST
09-10-2020	$500,000	23 RUNNYFORD RD
24-09-2020	$460,000	6 CURROWAN ST

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Nearby Suburbs

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General Points of Interest

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