559 Eight Mile Lane, Glenugie NSW 2460
This property is Off Market
- Last sold 4/20/2015 for $105,000. The Average property price in this area is $686,439, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 21.26 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 7/5/2024 145 WANTS LANE $488,400
- 6/25/2024 343 DINJERRA RD $880,000
- 8/23/2023 227 WANTS LANE $466,666
- 1/20/2023 277 DINJERRA RD $692,500
- 4/4/2022 132 REILLEYS LANE $565,000
About Grafton Region
With an average age of 35, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $350. The average family earns a weekly income of $1,281 with a typical household size of 2.5 and a 88.6% employment rate.
In Glenugie 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 Glenugie 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. The slightly lower than average earnings from occupations in Glenugie changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Glenugie 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 Glenugie 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 Glenugie a better buying opportunity than it may have been in the past.
Public Transport
Grafton City
General Points of Interest
Clarence Correctional Centre
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 2080 asthma sufferers and 1325 people living with diabetes. In addition, 1056 people have a heart/vascular condition and 2583 people live with three or more chronic diseases.A good place to invest in property?
Grafton 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
08 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
44 / 100
60 / 100
Jobs
21 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsGillwinga PS Sth Grafton HS
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McAuley Catholic College
Clarenza, NSW, 2460 Independent 7-12 -
St Andrew's Christian School
Grafton, NSW, 2460 Independent K-12 -
Clarence Valley Anglican School
Clarenza, NSW, 2460 Independent K-12 -
Induna School
South Grafton, NSW, 2460 State U -
Tucabia Public School
Tucabia, NSW, 2462 State K-6
Property Story
559 Eight Mile Lane, Glenugie, Nsw, 2460 is a residential property with 0 bedrooms, 0 bathrooms and 0 Parking spaces. The estimated distance to the sea is 21.26km and 0.1KM 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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