1 Brown Lane, Mallanganee NSW 2469
This property is Off Market
- Last sold 11/24/2022 for $150,000. The Average property price in this area is $678,722, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 72.00 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/18/2024 54 TOOLOOM ST $135,000
- 7/12/2024 86 SANDILANDS ST $250,000
- 5/23/2024 62 TOOLOOM ST $490,000
- 5/20/2024 76 SANDILANDS ST $310,000
- 2/21/2024 40 SANDILANDS ST $300,000
About Casino Region
With an average age of 55, households expect an average monthly mortgage payment of $693 or a weekly rent payment of $240. The average family earns a weekly income of $1,024 with a typical household size of 2.2 and a 89.47% employment rate.
In Mallanganee 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 Mallanganee 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 Mallanganee 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 Mallanganee 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.
Public Transport
Casino
Population
(Country of Birth not stated 18%)
Are people healthy?
There are a recorded 955 asthma sufferers and 463 people living with diabetes. In addition, 407 people have a heart/vascular condition and 852 people live with three or more chronic diseases.A good place to invest in property?
Casino Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
09 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
09 / 100
19 / 100
House Prices
39 / 100
60 / 100
Jobs
10 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBonalbo CS Tabulam PS
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Stratheden Public School
Stratheden, NSW, 2470 State K-6 -
Rappville Public School
Rappville, NSW, 2469 State K-6 -
Leeville Public School
Leeville, NSW, 2470 State K-6 -
St Mary's Primary School
Casino, NSW, 2470 Independent K-6 -
Bonalbo Central School
Bonalbo, NSW, 2469 State K-12 -
Old Bonalbo Public School
Old Bonalbo, NSW, 2469 State K-6 -
Mummulgum Public School
Mummulgum, NSW, 2469 State K-6 -
Casino West Public School
Casino, NSW, 2470 State P-6 -
Tabulam Public School
Tabulam, NSW, 2469 State K-6
Property Story
1 Brown Lane, Mallanganee, Nsw, 2469 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $145,000 while properties of this type typically sell for between $675,000 and $695,000 in this suburb. The estimated distance to the sea is 72km and at least 1.53KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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