Unit 337, 5 VERMONT CRESCENT Riverwood NSW 2210
This property is Off Market
- Last sold 9/5/2024 for $650,000. The Average property price in this area is $1,090,055, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 8.10 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
- 10/23/2024 8 COLERIDGE ST $780,000
- 10/18/2024 1 JINDALEE PL $4,350,000
- 10/16/2024 27 HANNANS RD $748,000
- 10/16/2024 2 ELDON ST $1,095,000
- 10/15/2024 19 MAZARIN ST $1,300,000
About Riverwood
With an average age of 31, households expect an average monthly mortgage payment of $1,920 or a weekly rent payment of $460. The average family earns a weekly income of $2,096 with a typical household size of 2.3 and a 96.34% employment rate.
In Riverwood 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 Riverwood 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 Riverwood 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 Riverwood 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 Riverwood a better buying opportunity than it may have been in the past.
Public Transport
Wiley Park
General Points of Interest
Canterbury Public Golf Course
Panania War Memorial
Brighton Lakes Golf Club
Carnarvon Golf Course
Kogarah Golf Course
Lest We Forget Aboriginal Service People
Como Pool
Mount Lewis Bowling Club
Potts Park
Meccano Set
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1069 asthma sufferers and 955 people living with diabetes. In addition, 604 people have a heart/vascular condition and 1226 people live with three or more chronic diseases.A good place to invest in property?
Riverwood 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
16 / 100
31 / 100
Industry
17 / 100
22 / 100
Population
13 / 100
19 / 100
House Prices
46 / 100
60 / 100
Jobs
18 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBeverly Hls GHS Punchbowl BHS Sir Joseph Banks HS Riverwood PS
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Peakhurst Public School
Peakhurst, NSW, 2210 State K-6 -
Punchbowl Public School
Punchbowl, NSW, 2196 State P-6 -
Southside Montessori School
Riverwood, NSW, 2210 Independent K-6 -
Riverwood Public School
Riverwood, NSW, 2210 State P-6
Property Story
Unit 337, 5 Vermont Crescent, Riverwood, Nsw, 2210 is a residential property . The estimated distance to the sea is 8.1km and 0.96KM 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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