This property is Off Market
4 bedrooms 2 bathrooms 3 parking
With an average age of 48, households expect an average monthly mortgage payment of $2,908 or a weekly rent payment of $300. The average family earns a weekly income of $2,833 with a typical household size of 2.7 and a 95.19% employment rate.
In Burrundulla 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 Burrundulla 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. A mix of professions and above average income earners in Burrundulla provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Burrundulla 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 Burrundulla a better buying opportunity than it may have been in the past.
(Country of Birth not stated 9%)
Mudgee 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
27 / 100
31 / 100
Industry
11 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
30 / 100
29 / 100
Incidents Trend State Average
Other offences
Intimidation, stalking and harassment
Assault
Sexual offences
Homicide
Malicious damage to property
Theft
Drug offences
Against justice procedures
Robbery
Disorderly conduct
Prohibited and regulated weapons offences
Cudgegong Valley Public School
Mudgee, NSW, 2850 State K-6
Lue Public School
Lue, NSW, 2850 State K-6
Mudgee Public School
Mudgee, NSW, 2850 State K-6
Mudgee High School
Mudgee, NSW, 2850 State 7-12
HSC Results Rankings
2019 #359 (Success Rate 3.5)
2020 #459 (Success Rate 1.9)
St Matthews Catholic School
Mudgee, NSW, 2850 Independent K-12
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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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