9 Ray Welsh Drive, Lake Hume Village NSW 3691
This property is Off Market
- Last sold 11/5/2018 for $699,999. The Average property price in this area is $540,159, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 214.86 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
- 4/15/2024 9 PEPPERMINT PDE $375,000
- 7/28/2023 2 MANNA CT $250,000
- 2/24/2023 12 SPOTTED GUM DR $150,000
- 1/30/2023 4 SPOTTED GUM DR $215,000
- 12/16/2022 32 TROUT FARM RD $1,615,000
About Albury - East
With an average age of 47, households expect an average monthly mortgage payment of $1,619 or a weekly rent payment of $215. The average family earns a weekly income of $2,474 with a typical household size of 2.6 and a 96.48% employment rate.
In Lake Hume Village 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lake Hume Village due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Lake Hume Village provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lake Hume Village 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 Lake Hume Village 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 Lake Hume Village a better buying opportunity than it may have been in the past.
Public Transport
Albury
Wymah Ferry (Free)
General Points of Interest
Approx. site of Hume and Hovell camp 21 Nov 1824
Alexandra Park
Sarvaas Park
Albury Racing Club
Charles Sturt University - Albury Campus
Jelbart Park
Ernest Grant
Major League Sports
Hume & Hovell Memorial
Bethanga Recreation Reserve
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 2373 asthma sufferers and 510 people living with diabetes. In addition, 681 people have a heart/vascular condition and 1307 people live with three or more chronic diseases.A good place to invest in property?
Albury - East 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
31 / 100
31 / 100
Industry
21 / 100
22 / 100
Population
19 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
35 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsJames Fallon HS Thurgoona PS
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Hume Public School
Lavington, NSW, 2641 State P-6 -
Border Christian College
Thurgoona, NSW, 2640 Independent K-12 -
Trinity Anglican College - Albury
Thurgoona, NSW, 2640 Independent K-12 -
Bethanga Primary School
Bethanga, VIC, 3691 State Prep-5 -
Thurgoona Public School
Thurgoona, NSW, 2640 State K-6
Property Story
9 Ray Welsh Drive, Lake Hume Village, Nsw, 3691 is a residential property . The estimated distance to the sea is 214.86km and at least 1.06KM 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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