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Tallowwood Ridge
NSW, 2453 - Bellingen

Thinking about buying in Tallowwood Ridge? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $911,000 with prices in this suburb ranging from $315,000 to $2,160,000. The aproximate distance to the coast is 32 Km.

Household Makeup

Median Weekly Rent $225.00
Median Monthly Mortgage $1357.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 58.00
Average Income $537.00
Average Cars Per Dwelling 2.02
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $446,000
3 Bed  $813,000
5 Bed  $2,068,000

Tallowwood Ridge Real Estate Market Outlook

In Tallowwood Ridge 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 Tallowwood Ridge 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 Tallowwood Ridge 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 Tallowwood Ridge 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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Tallowwood Ridge 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.

Tallowwood Ridge 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
Jan4.020.828.860.088.65.224.1
Feb10.520.128.160.891.24.519.3
Mar11.918.926.763.192.54.515.8
Apr4.315.224.756.492.53.814.9
May3.01222.652.992.23.412.3
Jun3.39.820.154.091.53.711.0
Jul1.17.720.247.392.93.412
Aug1.78.021.243.092.03.715.2
Sept2.111.322.946.790.24.517.7
Oct3.514.024.153.890.74.620.7
Nov1.216.526.549.887.55.124.9
Dec6.519.027.457.988.55.223.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

16-02-2021 $435,000 1313 LOWER BIELSDOWN RD
15-01-2021 $240,000 1043 CORAMBA RD
12-08-2020 $1,425,000 406 LOWER BIELSDOWN RD
28-11-2019 $1,500,000 326 BILLINGS RD
08-08-2018 $500,000 454 LOWER BIELSDOWN RD
29-03-2018 $1,375,000 260 RODGERS RD W
09-12-2016 $880,000 208 LOWER BIELSDOWN RD
01-08-2016 $350,000 1318 LOWER BIELSDOWN RD
05-11-2015 $385,000 1225 LOWER BIELSDOWN RD
23-05-2014 $300,000 776 LOWER BIELSDOWN RD
15-01-2014 $110,000 1311 LOWER BIELSDOWN RD
19-09-2008 $1,050,000 44 LOWER BIELSDOWN RD
19-06-2008 $1,200,000 260 RODGERS RD W
08-02-2005 $372,500 206 LOWER BIELSDOWN RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

North DorrigoMeganCascadeDorrigoMoonparBostobrickDorrigo MountainWild Cattle CreekBielsdown HillsFernbrook

Public Transport


General Points of Interest

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