Terramungamine, a quaint locality in the Dubbo Regional area of New South Wales, offers a serene and picturesque living environment, making it an attractive option for potential homeowners seeking tranquility and space. The housing market here is relatively stable, marked by a mix of heritage properties and new developments that cater to diverse preferences. Properties in Terramungamine are characterized by their spacious layouts and affordability compared to larger urban hubs, making it an appealing choice for families, retirees, and those looking to escape the bustle of city life. The region's market is influenced by its close proximity to Dubbo, which provides access to a broader range of amenities while maintaining the quiet charm of rural living.
Living in Terramungamine offers a genuine sense of community and connection to nature. Residents enjoy a peaceful lifestyle, with ample opportunities for outdoor activities such as hiking, cycling, and exploring the scenic landscapes that surround the area. The locality prides itself on a friendly atmosphere where neighbors often know each other, fostering a sense of belonging and community spirit. While essential services and amenities are easily accessible in nearby Dubbo, the area retains its rural essence, characterized by wide-open spaces and natural beauty. Overall, life in Terramungamine provides a balanced blend of countryside tranquility with the convenience of a larger town nearby, appealing to those who value both relaxation and accessibility.
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Thinking about buying in Terramungamine? Now could not be a better time, with just 182 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $860,000 with prices in this suburb ranging from $123,000 to $1,455,000. The aproximate distance to the coast is 285 Km.
In Terramungamine 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 Terramungamine 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 Terramungamine 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 Terramungamine 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 ValuationBurrabadine Cornerstone Christian School
(While the above schools are located with the suburb of Terramungamine 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 | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
24-09-2024 | $3,199,350 | 167 Terramungamine Road |
30-03-2016 | $490,000 | 45 Burraway Road |
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