Thinking about buying in New Park? Now could not be a better time, with just 80 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $573,000 with prices in this suburb ranging from $138,000 to $1,595,000. The aproximate distance to the coast is 53 Km.
Median Weekly Rent | $253.25 |
Median Monthly Mortgage | $1264.75 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.25 |
Average Age | 49.25 |
Average Income | $556.25 |
Average Cars Per Dwelling | 1.72 |
Average Properties Within 50M | 3 |
2 Bed  $516,000 |
3 Bed  $932,000 |
4 Bed  $900,000 |
5 Bed  $790,000 |
6 Bed+$711,000 |
In New Park 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 New Park 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 New Park 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 New Park 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.
3 CADDIE AV, NEW PARK, NSW, 2474 | 4 | 2 | 0 | $720,000 |
Kyogle Public School
Kyogle High School
St Brigid's Primary School
(While the above schools are located with the suburb of New Park 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 | 3.8 | 18.4 | 30.1 | 52.5 | 96.8 | 1.1 | 23.2 |
Feb | 6.8 | 18.7 | 29.4 | 55.2 | 96.2 | 1.0 | 20.4 |
Mar | 7.3 | 17.3 | 28.4 | 56.2 | 97.3 | 0.9 | 17.4 |
Apr | 1.6 | 12.2 | 26.6 | 49.6 | 98.6 | 0.7 | 16.1 |
May | 1.6 | 7.8 | 23.1 | 50.2 | 98.7 | 0.6 | 13.1 |
Jun | 1.2 | 5.8 | 21.2 | 51.5 | 98.8 | 0.6 | 12 |
Aug | 0.5 | 5.6 | 22.8 | 40.5 | 97.2 | 1.0 | 15.8 |
Sept | 0.5 | 8.6 | 24.6 | 42.6 | 98.4 | 1.0 | 18.5 |
Oct | 3.4 | 11.8 | 26.7 | 46.2 | 97.8 | 1 | 20.1 |
Nov | 0.5 | 13.7 | 30.0 | 38.1 | 96.1 | 1.3 | 25.7 |
Dec | 8.0 | 17.8 | 30.7 | 46.4 | 96 | 1.2 | 22.6 |
source: Australian Government Bureau of Meteorology
17-09-2024 | $650,000 | 6 CADDIE AVE |
05-06-2024 | $770,000 | 5 EAGLE CT |
08-05-2024 | $750,000 | 2 GOLFVIEW DR |
19-06-2023 | $1,100,000 | 84 COLLINS CREEK RD |
01-12-2022 | $760,000 | 3 GOLFVIEW DR |
20-05-2022 | $615,000 | 11 CADDIE AVE |
26-11-2021 | $591,000 | 5 CADDIE AVE |
14-01-2021 | $110,000 | 3 CADDIE AVE |
09-10-2020 | $505,000 | 11 CADDIE AVE |
02-10-2020 | $1,430,000 | 127 COLLINS CREEK RD |
13-05-2020 | $1,100,000 | 150 COLLINS CREEK RD |
17-02-2020 | $400,000 | 5 CADDIE AVE |
18-10-2019 | $613,000 | 216 COLLINS CREEK RD |
08-10-2019 | $499,000 | 12 EAGLE CT |
08-05-2019 | $475,000 | 2 EAGLE CT |
25-03-2019 | $485,000 | 6 EAGLE CT |
24-09-2018 | $105,000 | 3 CADDIE AVE |
20-08-2018 | $375,000 | 21 CADDIE AVE |
23-04-2018 | $365,000 | 5 CADDIE AVE |
16-02-2018 | $265,000 | 12 COLLINS CREEK RD |
19-10-2017 | $1,050,000 | 148 COLLINS CREEK RD |
17-08-2017 | $465,000 | 4 CADDIE AVE |
11-07-2017 | $430,000 | 5 EAGLE CT |
26-05-2017 | $329,000 | 21 CADDIE AVE |
13-04-2017 | $438,000 | 12 EAGLE CT |
31-03-2016 | $325,000 | 27 CLARKES LANE |
11-03-2016 | $420,000 | 1 EAGLE CT |
11-12-2015 | $315,000 | 6 CADDIE AVE |
30-06-2011 | $850,000 | 77 THE SUMMERLAND WAY |
07-04-2010 | $410,000 | 11 CADDIE AVE |
05-02-2010 | $437,000 | 12 EAGLE CT |
12-11-2009 | $395,000 | 5 EAGLE CT |
28-08-2009 | $198,000 | 79 THE SUMMERLAND WAY |
14-05-2009 | $670,000 | 138 COLLINS CREEK RD |
08-01-2009 | $495,000 | 17 CADDIE AVE |
04-06-2008 | $60,000 | 5 CADDIE AVE |
15-02-2008 | $390,000 | 7 EAGLE CT |
14-02-2007 | $420,000 | 17 CADDIE AVE |
08-12-2006 | $310,000 | 7 EAGLE CT |
01-11-2006 | $300,000 | 6 CADDIE AVE |
04-03-2005 | $257,000 | 1 CADDIE AVE |
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