6 Davis Street, Sofala NSW 2795
This property is Off Market
- Last sold 4/10/2015 for $210,000. The Average property price in this area is $884,896, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 149.10 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
- 10/14/2024 141 UPPER TURON RD $585,000
- 4/2/2024 5644 ILFORD SOFALA RD $650,000
- 2/29/2024 133 UPPER TURON RD $567,500
- 1/17/2024 167 UPPER TURON RD $420,000
- 11/20/2023 5459 ILFORD SOFALA RD $695,000
About Bathurst Region
With an average age of 53, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $215. The average family earns a weekly income of $1,478 with a typical household size of 2.1 and a 92.57% employment rate.
In Sofala 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 Sofala 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 Sofala 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 Sofala 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
Kandos
Population
(Country of Birth not stated 15%)
Are people healthy?
There are a recorded 878 asthma sufferers and 343 people living with diabetes. In addition, 413 people have a heart/vascular condition and 745 people live with three or more chronic diseases.A good place to invest in property?
Bathurst 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
25 / 100
31 / 100
Industry
09 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
20 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDenison Kelso Sofala PS
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Hill End Public School
Hill End, NSW, 2850 State K-6 -
Ilford Public School
Ilford, NSW, 2850 State K-6 -
Wattle Flat Public School
Wattle Flat, NSW, 2795 State K-6 -
Sofala Public School
Sofala, NSW, 2795 State K-6 -
Capertee Public School
Capertee, NSW, 2846 State K-6
Property Story
6 Davis Street, Sofala, Nsw, 2795 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 149.1km and at least 2.09KM 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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