198 Cranneys Road, North Tumbulgum NSW 2490
This property is Off Market
- Last sold 12/12/2014 for $950,000. The Average property price in this area is $1,336,274, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 11.08 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
- 9/27/2024 861 DULGUIGAN RD $2,230,000
- 9/25/2024 1089 TERRANORA RD $1,700,000
- 4/29/2024 20 CRANNEYS RD $1,075,000
- 1/5/2024 588 HOGANS RD $1,135,000
- 12/9/2022 679 HOGANS RD $3,100,000
About Terranora - North Tumblegum
With an average age of 44, households expect an average monthly mortgage payment of $2,200 or a weekly rent payment of $200. The average family earns a weekly income of $2,333 with a typical household size of 2.9 and a 94.52% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 North Tumbulgum due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in North Tumbulgum 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 North Tumbulgum 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
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
Regional Aquatic Center
Catch A Crab Tour
Piggabeen Sports Complex
Club Banora Golf Club
Piggabeen Sports Complex
Tweed City Shopping Centre
Pioneer Country
South Sea Islander Memorial
Chinderah Golf Course
Recreation Centre
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 476 asthma sufferers and 125 people living with diabetes. In addition, 156 people have a heart/vascular condition and 250 people live with three or more chronic diseases.A good place to invest in property?
Terranora - North Tumblegum 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
34 / 100
31 / 100
Industry
05 / 100
22 / 100
Population
05 / 100
19 / 100
House Prices
70 / 100
60 / 100
Jobs
13 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsBanora Pt HS Terranora PS
Property Story
198 Cranneys Road, North Tumbulgum, Nsw, 2490 is a residential property with 5 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $2,455,000 while properties of this type typically sell for between $1,900,000 and $1,900,000 in this suburb. The estimated distance to the sea is 11.08km 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
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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