51 Berrembed Street, Grong Grong NSW 2652
This property is Off Market
- Last sold 11/19/2021 for $55,000. The Average property price in this area is $600,922, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 327.62 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
- 8/13/2024 41 BERREMBED ST $180,000
- 7/19/2024 85 BERREMBED ST $45,000
- 5/31/2024 76 BOREE ST $172,176
- 5/24/2024 34 JUNEE ST $198,000
- 4/19/2024 38 BUNGANBIL ST $44,000
About Narrandera
With an average age of 42, households expect an average monthly mortgage payment of $988 or a weekly rent payment of $150. The average family earns a weekly income of $1,786 with a typical household size of 2.6 and a 95.07% employment rate.
In Grong Grong 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 Grong Grong 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 Grong Grong 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 Grong Grong 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
Narrandera
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 851 asthma sufferers and 566 people living with diabetes. In addition, 436 people have a heart/vascular condition and 807 people live with three or more chronic diseases.A good place to invest in property?
Narrandera 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
12 / 100
31 / 100
Industry
04 / 100
22 / 100
Population
06 / 100
19 / 100
House Prices
27 / 100
60 / 100
Jobs
11 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNarrandera HS Matong PS
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St Brendan's Primary School
Ganmain, NSW, 2702 Independent K-6 -
Narrandera Public School
Narrandera, NSW, 2700 State K-6 -
Narrandera High School
Narrandera, NSW, 2700 State 7-12 -
Ganmain Public School
Ganmain, NSW, 2702 State K-6 -
St Joseph's Primary School
Narrandera, NSW, 2700 Independent K-6 -
Matong Public School
Matong, NSW, 2652 State K-6 -
Narrandera East Infants School
Narrandera, NSW, 2700 State K-2
Property Story
51 Berrembed Street, Grong Grong, Nsw, 2652 is a residential property . The estimated distance to the sea is 327.62km and at least 1.27KM 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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