647 Newfoundland Road, Bannaby NSW 2580
This property is Off Market
- Last sold 10/3/2017 for $285,000. The Average property price in this area is $1,722,710, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 87.60 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
- 9/27/2024 657 NEWFOUNDLAND RD $580,000
- 5/1/2024 769 BANNABY RD $365,000
- 1/29/2024 1518 BANNABY RD $645,000
- 12/7/2023 718 NEWFOUNDLAND RD $300,000
- 9/20/2023 1520 BANNABY RD $608,000
About Goulburn Region
With an average age of 53, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $300. The average family earns a weekly income of $1,937 with a typical household size of 2.5 and a 98.59% employment rate.
In Bannaby 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 Bannaby 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 Bannaby 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 Bannaby 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 Bannaby 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 Bannaby a better buying opportunity than it may have been in the past.
Public Transport
Marulan
Population
(Country of Birth not stated 18%)
Are people healthy?
There are a recorded 1416 asthma sufferers and 811 people living with diabetes. In addition, 990 people have a heart/vascular condition and 1396 people live with three or more chronic diseases.A good place to invest in property?
Goulburn 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
20 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
26 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCrookwell HS Taralga PS
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Wingello Public School
Wingello, NSW, 2579 State K-6 -
Tallong Public School
Tallong, NSW, 2579 State K-6 -
Berrima Public School
Berrima, NSW, 2577 State K-6 -
Moss Vale Public School
Moss Vale, NSW, 2577 State K-6 -
Laggan Public School
Laggan, NSW, 2583 State K-6 -
Marulan Public School
Marulan, NSW, 2579 State K-6 -
Bradfordville Public School
Goulburn, NSW, 2580 State K-6 -
Penrose Public School
Penrose, NSW, 2579 State K-6 -
Oxley College
Burradoo, NSW, 2576 Independent K-12 -
Taralga Public School
Taralga, NSW, 2580 State K-6
Property Story
647 Newfoundland Road, Bannaby, Nsw, 2580 is a residential property . The estimated distance to the sea is 87.6km and 0.05KM 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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