657 Freemans Drive, Cooranbong NSW 2265
This property is Off Market
- Last sold 7/29/2024 for $165,000. The Average property price in this area is $1,143,085, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 16.54 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
- 10/23/2024 116 CARROLL CCT $1,250,000
- 10/22/2024 11 NATHAN CL $970,000
- 10/18/2024 22 MATTHEWS VALLEY RD $1,250,000
- 10/17/2024 8 LINDFIELD AVE $800,000
- 10/1/2024 3 KENNEDY CL $849,000
About Morisset - Cooranbong
With an average age of 36, households expect an average monthly mortgage payment of $1,983 or a weekly rent payment of $305. The average family earns a weekly income of $2,181 with a typical household size of 2.5 and a 100.0% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Cooranbong 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 Cooranbong 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. 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. Lower than average industry presence in Cooranbong 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 Cooranbong a better buying opportunity than it may have been in the past.
Public Transport
Morisset
General Points of Interest
Avondale University - Lake Macquarie Campus
Bonnells Bay Shopping Centre
Morisset Square
Westlakes Automobile Club
Morisset District Tennis Centre
Morisset Swim Centre
Fitlife pool
Myuna Bay NSW Sport & Recreation Centre
Wishing Well
Toronto Country Club
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1927 asthma sufferers and 864 people living with diabetes. In addition, 1046 people have a heart/vascular condition and 2034 people live with three or more chronic diseases.A good place to invest in property?
Morisset - Cooranbong 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
15 / 100
31 / 100
Industry
15 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
23 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCooranbong PS Morisset HS
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Cooranbong Public School
Cooranbong, NSW, 2265 State K-6 -
Bonnells Bay Public School
Bonnells Bay, NSW, 2264 State K-6 -
St John Vianney's Primary School
Morisset, NSW, 2264 Independent K-6 -
Morisset Public School
Morisset, NSW, 2264 State K-6 -
Brightwaters Christian College
Brightwaters, NSW, 2264 Independent K-6 -
Heritage College Lake Macquarie
Morisset, NSW, 2264 Independent K-12 -
Dora Creek Public School
Dora Creek, NSW, 2264 State K-6
Property Story
657 Freemans Drive, Cooranbong, Nsw, 2265 is a residential property with 4 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $560,000 while properties of this type typically sell for between $710,000 and $1,550,000 in this suburb. The estimated distance to the sea is 16.54km and 0.21KM 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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