Unit 1, 224 BURRANEER BAY ROAD Caringbah South NSW 2229
This property is Off Market
- Last sold 9/26/2024 for $1,545,000. The Average property price in this area is $2,480,499, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.87 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
- 10/24/2024 1 DEAN ST $2,340,000
- 10/18/2024 217 BURRANEER BAY RD $1,780,000
- 10/15/2024 13 URALBA AVE $2,150,000
- 10/14/2024 3 ALICE ST $2,950,000
- 10/8/2024 40 JELLICOE ST $2,630,000
About Caringbah South
With an average age of 45, households expect an average monthly mortgage payment of $3,538 or a weekly rent payment of $730. The average family earns a weekly income of $2,596 with a typical household size of 2.6 and a 99.49% employment rate.
Consistent high demand relative to supply is a key feature in Caringbah South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Caringbah South 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. A mix of professions and above average income earners in Caringbah South 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 Caringbah South 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 Caringbah South 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 Caringbah South a better buying opportunity than it may have been in the past.
Public Transport
Woolooware
Cronulla
Loftus Oval
General Points of Interest
Miranda Cenotaph
The James Peryman Memorial Swimming Pool
Shelly Beach Rock Pool
Marang Parklands Hockey Complex
Jubilee Stadium
Westfield Miranda
Cape Baily Lighthouse
Oak Park Rock Pool
Como Pool
Bass & Flinders Point
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1699 asthma sufferers and 523 people living with diabetes. In addition, 709 people have a heart/vascular condition and 821 people live with three or more chronic diseases.A good place to invest in property?
Caringbah South 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
63 / 100
31 / 100
Industry
20 / 100
22 / 100
Population
16 / 100
19 / 100
House Prices
95 / 100
60 / 100
Jobs
34 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsBurraneer Bay PS Woolooware HS
Property Story
Unit 1, 224 Burraneer Bay Road, Caringbah South, Nsw, 2229 is a residential property . The estimated distance to the sea is only 0.87km and 0.54KM 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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