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2 Banksia Close,
Kootingal NSW 2352

This property is Off Market

All about Kootingal Homes for sale in Kootingal


  • The Average property price in this area is $787,203, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 174.23 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • 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 Tamworth Region

With an average age of 32, households expect an average monthly mortgage payment of $1,439 or a weekly rent payment of $338. The average family earns a weekly income of $1,625 with a typical household size of 2.5 and a 96.49% employment rate.

In Kootingal 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 Kootingal 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. A mix of professions and above average income earners in Kootingal provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Kootingal to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kootingal 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 Kootingal a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 2560 asthma sufferers and 1090 people living with diabetes. In addition, 1221 people have a heart/vascular condition and 2396 people live with three or more chronic diseases.

A good place to invest in property?

Tamworth 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

17 / 100

31 / 100

Industry

18 / 100

22 / 100

Population

21 / 100

19 / 100

House Prices

47 / 100

60 / 100

Jobs

29 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Tamworth HS Kootingal PS
  • Tamworth Public School

    Tamworth, NSW, 2340 State K-6

  • Moonbi Public School

    Moonbi, NSW, 2353 State K-6

  • Nemingha Public School

    Nemingha, NSW, 2340 State K-6

  • Oxley High School

    North Tamworth, NSW, 2340 State 7-12

  • Liberty College

    Tamworth, NSW, 2340 Independent K-6

  • St Nicholas' Primary School

    Tamworth, NSW, 2340 Independent K-6

  • Kootingal Public School

    Kootingal, NSW, 2352 State K-6


Property Story

2 Banksia Close, Kootingal, Nsw, 2352 is a residential property . The estimated distance to the sea is 174.23km and at least 2.16KM 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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