18 Molong Street, Molong NSW 2866
This property is Off Market
- Last sold 9/28/2023 for $320,000. The Average property price in this area is $751,002, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 222.37 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
- 10/23/2024 9 BUCKLAND ST $775,000
- 10/21/2024 48 HILL ST $490,000
- 10/1/2024 43 BANK ST $460,000
- 9/27/2024 28 MCARDLE ST $510,000
- 9/20/2024 15 MOLONG ST $157,500
About Orange Region
With an average age of 42, households expect an average monthly mortgage payment of $1,100 or a weekly rent payment of $253. The average family earns a weekly income of $1,357 with a typical household size of 2.2 and a 91.26% employment rate.
In Molong 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Molong due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Molong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Molong we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Molong a better buying opportunity than it may have been in the past.
Public Transport
Orange East Fork
General Points of Interest
Molong Hockey Field
Cabonne Council Molong Bicentennial Pool
Population
(Country of Birth not stated 17%)
Are people healthy?
There are a recorded 1306 asthma sufferers and 540 people living with diabetes. In addition, 692 people have a heart/vascular condition and 1064 people live with three or more chronic diseases.A good place to invest in property?
Orange 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
33 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMolong CS
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Molong Central School
Molong, NSW, 2866 State K-12
Property Story
18 Molong Street, Molong, Nsw, 2866 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $295,000 while properties of this type typically sell for between $210,000 and $210,000 in this suburb. The estimated distance to the sea is 222.37km and at least 2.52KM 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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