Thinking about buying in Spencer? Now could not be a better time, with just 349 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $772,000 with prices in this suburb ranging from $64,000 to $5,929,000. Spencer is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Median Monthly Mortgage | $ |
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Average Income | $ |
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In Spencer 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Spencer due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Spencer 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 Spencer 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.
5 LAVENDER CR, SPENCER, NSW, 2775 | 1 | 1 | 4 | $470,000 |
None within suburb boundary
(While the above schools are located with the suburb of Spencer 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 | 2.5 | 18.6 | 31.6 | 42.2 | 94.3 | 2.9 | 22.2 |
Feb | 3.5 | 18.0 | 29.7 | 46.2 | 95.1 | 2.7 | 18.8 |
Mar | 4.6 | 15.9 | 27 | 49.9 | 96.0 | 2.4 | 15.5 |
Apr | 2.2 | 12.2 | 24.6 | 47.4 | 96.7 | 2.0 | 14.0 |
May | 1.1 | 7.2 | 21.1 | 46.9 | 96.7 | 1.7 | 11.4 |
Jun | 2.3 | 5.8 | 18.0 | 54.2 | 97 | 1.9 | 9.2 |
Jul | 0.6 | 3.7 | 18.6 | 43.9 | 94.7 | 2.2 | 10.7 |
Aug | 1.1 | 4.3 | 20.0 | 37.8 | 92.8 | 2.6 | 13.2 |
Sept | 1.1 | 7.6 | 23.2 | 34.5 | 93.2 | 2.9 | 17.3 |
Oct | 1.5 | 11.6 | 25.3 | 38.7 | 94.1 | 2.8 | 19.7 |
Nov | 2.3 | 14.8 | 28.2 | 39.9 | 94.1 | 2.9 | 22.6 |
Dec | 2.6 | 16.6 | 29.8 | 39.9 | 94.3 | 3 | 23.7 |
source: Australian Government Bureau of Meteorology
04-11-2024 | $530,000 | 15 MOOGA AVE |
19-09-2024 | $460,000 | 4978 WISEMANS FERRY RD |
20-08-2024 | $490,000 | 10 MOOGA AVE |
29-07-2024 | $490,000 | 4708 WISEMANS FERRY RD |
26-07-2024 | $615,000 | 42 INGOOLA RD |
05-07-2024 | $525,000 | 5148 WISEMANS FERRY RD |
12-04-2024 | $310,000 | 20 MOOGA AVE |
16-02-2024 | $330,000 | 4962 WISEMANS FERRY RD |
08-01-2024 | $800,000 | 5142 WISEMANS FERRY RD |
08-12-2023 | $405,000 | 5156 WISEMANS FERRY RD |
30-10-2023 | $100,000 | 4930 WISEMANS FERRY RD |
08-09-2023 | $295,000 | 4712 WISEMANS FERRY RD |
25-08-2023 | $205,000 | 12 MOOGA AVE |
26-06-2023 | $205,000 | 9 MOOGA AVE |
22-06-2023 | $908,000 | 4818 WISEMANS FERRY RD |
11-04-2023 | $490,000 | 4168 WISEMANS FERRY RD |
24-03-2023 | $670,000 | 6 COLLINGTON RD |
20-03-2023 | $752,500 | 4910 WISEMANS FERRY RD |
20-01-2023 | $780,000 | 4946 WISEMANS FERRY RD |
07-11-2022 | $153,000 | 4482 WISEMANS FERRY RD |
31-10-2022 | $65,000 | 4508 WISEMANS FERRY RD |
28-10-2022 | $280,000 | 14 MOOGA AVE |
14-10-2022 | $380,000 | 4836 WISEMANS FERRY RD |
16-09-2022 | $355,000 | 16 LAVENDER CRES |
08-09-2022 | $500,000 | 4820 WISEMANS FERRY RD |
27-06-2022 | $1,125,000 | 4666 WISEMANS FERRY RD |
25-05-2022 | $700,000 | 4428 WISEMANS FERRY RD |
20-04-2022 | $525,000 | 4488 WISEMANS FERRY RD |
11-02-2022 | $315,000 | 4900 WISEMANS FERRY RD |
10-12-2021 | $980,000 | 4682 WISEMANS FERRY RD |
26-11-2021 | $300,000 | 5500 WISEMANS FERRY RD |
02-11-2021 | $113,333 | 26 MOOGA AVE |
25-10-2021 | $145,000 | 4775 WISEMANS FERRY RD |
27-08-2021 | $600,000 | 4691 WISEMANS FERRY RD |
26-07-2021 | $350,000 | 22 LAVENDER CRES |
17-06-2021 | $630,000 | 5192 WISEMANS FERRY RD |
21-05-2021 | $450,000 | 13 LAVENDER CRES |
21-05-2021 | $575,000 | 5162 WISEMANS FERRY RD |
21-05-2021 | $450,000 | 13 LAVENDER CRES |
21-05-2021 | $575,000 | 5162 WISEMANS FERRY RD |
31-03-2021 | $590,000 | 4104 WISEMANS FERRY RD |
17-02-2021 | $1,205,000 | 4672 WISEMANS FERRY RD |
18-12-2020 | $12,000,000 | 5501 WISEMANS FERRY RD |
18-12-2020 | $320,000 | 9 MOOGA AVE |
18-12-2020 | $270,000 | 5285 WISEMANS FERRY RD |
13-11-2020 | $350,000 | 4814 WISEMANS FERRY RD |
27-10-2020 | $1,075,000 | 4658 WISEMANS FERRY RD |
21-09-2020 | $585,000 | 15 COLLINGTON RD |
14-09-2020 | $825,000 | 4666 WISEMANS FERRY RD |
18-08-2020 | $385,000 | 4568 WISEMANS FERRY RD |
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