Pericoe, a small locality in the Bega Valley of New South Wales, offers a unique and peaceful housing market characterized by its rural charm and scenic landscapes. The area is known for its spacious properties, often featuring large plots of land that provide ample space for gardens, hobby farming, or simply enjoying the natural beauty of the region. The housing market in Pericoe typically includes a mix of older, established homes and newer builds that take advantage of the area's serene environment. The prices in Pericoe are often more accessible compared to urban centers, offering an attractive option for those looking to escape the hustle and bustle of city life while still maintaining a reasonable proximity to essential services and amenities located in nearby towns such as Bega or Merimbula.
Living in Pericoe provides a tranquil and community-focused lifestyle, making it ideal for families, retirees, or anyone seeking a quieter pace of life. The area's residents enjoy close access to outdoor activities, with numerous walking trails, national parks, and beaches located a short drive away, allowing for a life intertwined with nature. The sense of community in Pericoe is strong, with locals often participating in community events and supporting each other through various local initiatives. Despite its rural setting, the locality is well-connected via regional roads, ensuring that residents can easily access the broader offerings of the Bega Valley such as shopping, dining, and healthcare services. Overall, Pericoe provides a charming blend of rural living and community spirit, making it a desirable place for those looking to enjoy the best of country living.
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Housing Stock
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Thinking about buying in Pericoe? Now could not be a better time, with just 30 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $431,000 with prices in this suburb ranging from $82,000 to $641,000. The aproximate distance to the coast is 19 Km.
In Pericoe 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 Pericoe 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 Pericoe 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 Pericoe 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Pericoe 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 | 2.1 | 16.4 | 24.6 | 57.1 | 88.7 | 4.2 | 21.7 |
| Feb | 2.4 | 16.1 | 24.1 | 59.3 | 89.4 | 3.9 | 18.9 |
| Mar | 2.8 | 15.1 | 23.0 | 58.3 | 89.2 | 3.7 | 15.3 |
| Apr | 2.8 | 12.2 | 20.5 | 58 | 90.3 | 3.5 | 12.3 |
| May | 2.5 | 9.3 | 17.9 | 55.9 | 89.9 | 3.7 | 9.5 |
| Jun | 3.8 | 7.1 | 15.5 | 60.3 | 91.4 | 3.5 | 8.1 |
| Jul | 2.6 | 6.3 | 15.3 | 54.5 | 89.2 | 3.6 | 8.4 |
| Aug | 2.9 | 6.4 | 15.6 | 51.0 | 88.7 | 3.8 | 10.7 |
| Sept | 2.3 | 8.6 | 17.9 | 51.1 | 88.7 | 4.0 | 15.0 |
| Oct | 2.6 | 10.3 | 19.4 | 53.0 | 89.4 | 4.1 | 19.4 |
| Nov | 2.7 | 12.7 | 21.4 | 54.6 | 89 | 4.1 | 22.4 |
| Dec | 2.4 | 14.6 | 23.1 | 55.5 | 88.5 | 4.2 | 24.0 |
source: Australian Government Bureau of Meteorology
| 09-06-2023 | $165,000 | 823 Fulligans Road |
| 12-05-2022 | $150,000 | 570 Fulligans Road |
| 23-04-2021 | $380,000 | 1269 Pericoe Road |
| 23-07-2020 | $48,500 | 590 Fulligans Road |
| 24-09-2018 | $275,000 | 836 Fulligans Road |
| 17-05-2018 | $70,000 | 72 Wog Wog Trl |
| 12-04-2017 | $242,500 | 823 Fulligans Road |
| 30-03-2017 | $55,000 | 839 Fulligans Road |
| 23-07-2014 | $52,000 | 594 Fulligans Road |
| 15-08-2013 | $350,000 | 449 Sheepskin Road |
| 13-07-2012 | $165,682 | 870 Pericoe Road |
| 21-05-2012 | $13,009,183 | 870 Pericoe Road |
| 14-10-2009 | $248,000 | 373 Sheepskin Road |
| 21-12-2005 | $229,000 | 823 Fulligans Road |
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