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Unit 1,
117 SPRINGVALE DRIVE Weetangera ACT 2614

This property is Off Market

All about Weetangera Homes for sale in Weetangera


  • The Average property price in this area is $1,188,745, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 114.39 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Weetangera

With an average age of 44, households expect an average monthly mortgage payment of $2,817 or a weekly rent payment of $490. The average family earns a weekly income of $3,937 with a typical household size of 3 and a 100.97% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Weetangera ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Weetangera 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 Weetangera 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 Weetangera 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 Weetangera a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 283 asthma sufferers and 128 people living with diabetes. In addition, 152 people have a heart/vascular condition and 207 people live with three or more chronic diseases.

A good place to invest in property?

Weetangera 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

Australian Capital Territory State average 56 / 100

Income

67 / 100

56 / 100

Industry

19 / 100

28 / 100

Population

18 / 100

26 / 100

House Prices

74 / 100

72 / 100

Jobs

19 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools


Property Story

Unit 1, 117 Springvale Drive, Weetangera, Act, 2614 is a residential property . The estimated distance to the sea is 114.39km and at least 2.69KM 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

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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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