Part of Lithgow, NSW
| 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 |
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Thinking about buying in Palmers Oaky? Now could not be a better time, with just 60 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $586,000 with prices in this suburb ranging from $312,000 to $924,000. The approximate distance to the coast is 120 Km.
In Palmers Oaky 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 Palmers Oaky 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 Palmers Oaky 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. 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 Palmers Oaky 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.
Instant Property Valuation| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2021-10-13 | $590,000 | 1783 Upper Turon Road | Palmers Oaky, NSW |
| 2021-09-17 | $780,000 | 268 Red Hill Road | Palmers Oaky, NSW |
| 2020-07-16 | $700,000 | 999 Mount Horrible Road | Palmers Oaky, NSW |
| 2020-05-27 | $390,000 | 623 Palmers Oakey Road | Palmers Oaky, NSW |
| 2018-02-13 | $255,000 | 466 Palmers Oakey Road | Palmers Oaky, NSW |
| 2017-12-22 | $221,000 | 1166 Palmers Oakey Road | Palmers Oaky, NSW |
| 2017-10-12 | $500,000 | 534 Palmers Oakey Road | Palmers Oaky, NSW |
| 2017-08-18 | $580,000 | 354 Palmers Oakey Road | Palmers Oaky, NSW |
| 2017-07-07 | $1,710,000 | 2009 Dark Corner Road | Palmers Oaky, NSW |
| 2017-03-30 | $270,000 | 623 Palmers Oakey Road | Palmers Oaky, NSW |
| 2016-12-20 | $600,000 | 999 Mount Horrible Road | Palmers Oaky, NSW |
| 2016-03-16 | $225,000 | 1817 Dark Corner Road | Palmers Oaky, NSW |
| 2012-05-24 | $50,000 | 282 Palmers Oakey Road | Palmers Oaky, NSW |
| 2012-02-24 | $660,000 | 999 Tobins Oaky Trl | Palmers Oaky, NSW |
| 2011-02-10 | $560,000 | 534 Palmers Oakey Road | Palmers Oaky, NSW |
| 2006-02-17 | $415,000 | 1620 Upper Turon Road | Palmers Oaky, NSW |
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
| Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
| Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
| Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
| May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
| Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
| Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
| Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
| Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
| Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
| Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
| Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
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