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Wermatong
NSW, 2720 - Snowy Valleys

Thinking about buying in Wermatong? Now could not be a better time, with just 34 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $991,000 with prices in this suburb ranging from $632,000 to $1,893,000. The aproximate distance to the coast is 170 Km.

Household Makeup

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

Housing Stock

Average Property Prices

Properties for sale in Wermatong
Instant Property Valuation

Wermatong Real Estate Market Outlook

In Wermatong 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 Wermatong 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 Wermatong 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 Wermatong 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 Wermatong 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.

Wermatong 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
Jan1.317.833.720.071.34.326.7
Feb1.817.231.326.876.14.123.4
Mar2.914.127.731.482.33.718.4
Apr1.09.723.337.488.32.914.6
May1.25.718.147.694.92.910.7
Jun1.73.714.359.997.92.78.6
Jul1.43.413.560.697.83.08.8
Aug1.43.014.752.897.43.111.7
Sept1.45.018.941.793.83.516.7
Oct1.58.423.831.888.53.621.7
Nov2.212.127.524.983.24.025.3
Dec1.715.431.120.274.84.128.5

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

17-08-2022 $750,000 2 / 954 SNOWY MOUNTAINS HWY
04-06-2021 $550,000 2 / 954 SNOWY MOUNTAINS HWY
26-10-2020 $886,000 1015 SNOWY MOUNTAINS HWY
25-11-2019 $365,000 954 SNOWY MOUNTAINS HWY
07-11-2018 $545,000 1 / 1125 SNOWY MOUNTAINS HWY
03-04-2018 $420,000 2 / 954 SNOWY MOUNTAINS HWY
23-03-2018 $560,000 2 / 1125 SNOWY MOUNTAINS HWY
01-12-2017 $545,000 1186 SNOWY MOUNTAINS HWY
29-09-2017 $615,000 1039 SNOWY MOUNTAINS HWY
22-10-2010 $650,000 46 EAST BLOWERING RD
28-09-2010 $485,000 1 / 1125 SNOWY MOUNTAINS HWY
26-06-2008 $660,000 1118 BLOWERING RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Jones BridgeLittle RiverTumut PlainsLacmalacWerebolderaTumutMundongoGilmoreBombowlee CreekBombowlee

General Points of Interest

Memorial Wall - Less than 10 KM

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