Thinking about buying in The Hatch? Now could not be a better time, with just 24 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,579,000 with prices in this suburb ranging from $1,047,000 to $2,530,000. The Hatch is located fairly close to the coast at just 6Km 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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In The Hatch 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 The Hatch 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 The Hatch 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 The Hatch 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.
246 the hatch road, the hatch, nsw, 2444 | 2 | 2 | 1 | Auction: Guide: $550,000 |
Telegraph Point Public School
(While the above schools are located with the suburb of The Hatch 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 | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
15-07-2024 | $855,000 | 246 THE HATCH ROAD |
11-01-2024 | $1,110,000 | 310 THE HATCH ROAD |
30-09-2019 | $930,000 | 284 THE HATCH ROAD |
24-08-2018 | $1,455,000 | 20 ELFORDS RD |
03-07-2017 | $1,599,000 | 179 ELFORDS RD |
22-09-2015 | $517,500 | 250 THE HATCH ROAD |
13-04-2012 | $500,000 | 310 THE HATCH ROAD |
23-01-2012 | $645,000 | 26 ELFORDS RD |
14-03-2008 | $980,000 | 20 ELFORDS RD |
20-04-2007 | $150,000 | 260 THE HATCH RD |
01-02-2007 | $300,000 | 205 THE HATCH RD |
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