556 Macleay Valley Way, South Kempsey NSW 2440
This property is Off Market
- Last sold 4/26/2024 for $1,485,000. The Average property price in this area is $539,246, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 15.40 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
- 10/24/2024 14 WEDLOCK CL $1,020,000
- 10/14/2024 54 BLOOMFIELD ST $300,000
- 10/14/2024 114 CRESCENT HEAD RD $815,000
- 10/3/2024 3 FRANCIS SMITH PL $65,000
- 9/27/2024 1 HORATIO BRAHAM PL $230,000
About Kempsey
With an average age of 43, households expect an average monthly mortgage payment of $1,580 or a weekly rent payment of $280. The average family earns a weekly income of $1,593 with a typical household size of 2.8 and a 91.3% employment rate.
In South Kempsey 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 South Kempsey 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 South Kempsey 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 South Kempsey 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
Cruise Port Macquarie
Wauchope
General Points of Interest
Greenhill Speedway
Colonial Court Motor Inn
Kemp Street Sporting Complex
Riverfront Plaza
Kempsey Golf Course
Moon River Motor Inn
Moon River Motor Inn
Park Drive Motel
City Centre Motel
City Centre Motel
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 2037 asthma sufferers and 911 people living with diabetes. In addition, 793 people have a heart/vascular condition and 2427 people live with three or more chronic diseases.A good place to invest in property?
Kempsey 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
06 / 100
31 / 100
Industry
10 / 100
22 / 100
Population
10 / 100
19 / 100
House Prices
38 / 100
60 / 100
Jobs
10 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMelville HS Kempsey SPS
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Kempsey Adventist School
Kempsey, NSW, 2440 Independent K-12 -
Macleay Vocational College
South Kempsey, NSW, 2440 Independent 9-12
Property Story
556 Macleay Valley Way, South Kempsey, Nsw, 2440 is a residential property . The estimated distance to the sea is 15.4km and 0.02KM 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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