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18 Nanda Street,
Marmong Point NSW 2284

This property is Off Market

All about Marmong Point Homes for sale in Marmong Point


  • Last sold 7/5/2024 for $933,333. The Average property price in this area is $796,778, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 9.04 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Bolton Point - Teralba

With an average age of 50, households expect an average monthly mortgage payment of $1,993 or a weekly rent payment of $355. The average family earns a weekly income of $1,988 with a typical household size of 2.3 and a 96.68% employment rate.

In Marmong Point 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 Marmong Point 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 Marmong Point 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 Marmong Point 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

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1408 asthma sufferers and 584 people living with diabetes. In addition, 502 people have a heart/vascular condition and 1317 people live with three or more chronic diseases.

A good place to invest in property?

Bolton Point - Teralba 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

15 / 100

31 / 100

Industry

09 / 100

22 / 100

Population

11 / 100

19 / 100

House Prices

49 / 100

60 / 100

Jobs

15 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Lake Macquarie HS Booragul PS
  • Five Islands School

    Booragul, NSW, 2284 State U

  • Lake Macquarie High School

    Booragul, NSW, 2284 State 7-12

  • Warners Bay Public School

    Warners Bay, NSW, 2282 State K-6

  • Booragul Public School

    Booragul, NSW, 2284 State K-6

  • Fennell Bay Public School

    Fennell Bay, NSW, 2283 State K-6

  • Teralba Public School

    Teralba, NSW, 2284 State K-6

  • Biddabah Public School

    Warners Bay, NSW, 2282 State K-6

  • Speers Point Public School

    Speers Point, NSW, 2284 State K-6

  • St Paul's Catholic College

    Booragul, NSW, 2284 Independent 7-12


Property Story

18 Nanda Street, Marmong Point, Nsw, 2284 is a residential property . The estimated distance to the sea is 9.04km and 0.43KM 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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