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All About Spring Terrace, Cabonne, NSW, 2798

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Spring Terrace Real Estate Market Outlook

Thinking about buying in Spring Terrace? Now could not be a better time, with just 68 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,242,000 with prices in this suburb ranging from $154,000 to $4,230,000. The aproximate distance to the coast is 192 Km.

In Spring Terrace 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 Spring Terrace due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Spring Terrace provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Spring Terrace we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Spring Terrace a better buying opportunity than it may have been in the past.

Instant Property Valuation

Properties for sale Spring Terrace

Belle Property 308 Orchard Road, Spring Terrace, NSW, 2798 Beds4 Bathrooms3 Parking 4 Contact agent
Properties for sale in Spring Terrace

Local Schools

Spring Terrace Public School

Spring Hill Public School

(While the above schools are located with the suburb of Spring Terrace there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Spring Terrace weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-05-2024 $2,190,000 1544 Forest Reefs Road
19-03-2024 $1,360,000 29 Kelly Lane
08-11-2023 $1,520,000 308 Orchard Road
02-05-2023 $1,750,000 4 Spring Terrace Road
02-12-2022 $400,000 41 Holmes Road
04-05-2022 $1,325,000 1705 Forest Reefs Road
14-12-2018 $640,000 1665 Forest Reefs Road
14-12-2018 $2,900,000 54 Waldegrave Road
15-11-2018 $215,000 7 Waldegrave Road
19-10-2018 $820,000 215 Spring Terrace Road
27-07-2018 $700,000 614 Forest Road
13-04-2018 $510,000 37 Bakers Road
22-03-2017 $1,110,500 272 Orchard Road
05-12-2016 $535,000 42 Cowriga Road
22-05-2015 $800,000 30 Kelly Lane
01-05-2015 $900,000 704 Forest Road
15-12-2014 $645,000 1727 Forest Reefs Road
06-06-2014 $315,000 1714 Forest Reefs Road
04-12-2013 $645,000 314 Waldegrave Road
10-08-2012 $625,000 29 Kelly Lane
15-06-2012 $450,000 42 Cowriga Road
30-03-2011 $710,000 4 Spring Terrace Road
03-12-2010 $472,500 308 Orchard Road
10-03-2010 $515,000 1727 Forest Reefs Road
25-09-2009 $400,000 365 Waldegrave Road
18-09-2009 $249,000 1714 Forest Reefs Road
04-09-2009 $305,000 276 Waldegrave Road
07-05-2007 $380,000 42 Cowriga Road
30-05-2006 $1,050,000 57 Pilcher Road
31-08-1992 $211,000 1705 Forest Reefs Road

Public Transport


General Points of Interest


Nearby Suburbs

HuntleyWaldegraveSpringsideSpring HillForest ReefsSpring CreekCadiaLucknowCanobolasShadforth

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