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Erskine Lodge,
159 UPPER TURON ROAD Sofala NSW 2795

This property is Off Market

All about Sofala Homes for sale in Sofala


  • Last sold 3/19/2021 for $145,000. The Average property price in this area is $884,896, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 147.71 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Bathurst Region

With an average age of 53, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $215. The average family earns a weekly income of $1,478 with a typical household size of 2.1 and a 92.57% employment rate.

In Sofala 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 Sofala 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 Sofala 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 Sofala 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


Population

(Country of Birth not stated 15%)

Are people healthy?

There are a recorded 878 asthma sufferers and 343 people living with diabetes. In addition, 413 people have a heart/vascular condition and 745 people live with three or more chronic diseases.

A good place to invest in property?

Bathurst 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

25 / 100

31 / 100

Industry

09 / 100

22 / 100

Population

12 / 100

19 / 100

House Prices

52 / 100

60 / 100

Jobs

20 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Denison Kelso Sofala PS
  • Sofala Public School

    Sofala, NSW, 2795 State K-6


Property Story

Erskine Lodge, 159 Upper Turon Road, Sofala, Nsw, 2795 is a residential property . The estimated distance to the sea is 147.71km and 0.68KM 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

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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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