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131 Araluen Lane,
Wollar NSW 2850

This property is Off Market

All about Wollar Homes for sale in Wollar


  • Last sold 5/4/2011 for $120,000. The Average property price in this area is $649,032, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 173.51 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Mudgee Region - West

With an average age of 44, households expect an average monthly mortgage payment of $1,426 or a weekly rent payment of $250. The average family earns a weekly income of $1,531 with a typical household size of 2.2 and a 86.36% employment rate.

In Wollar 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 Wollar 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 Wollar 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. With very low industrial sector presence in Wollar the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Population

(Country of Birth not stated 36%)

Are people healthy?

There are a recorded 1473 asthma sufferers and 692 people living with diabetes. In addition, 731 people have a heart/vascular condition and 1308 people live with three or more chronic diseases.

A good place to invest in property?

Mudgee Region - West 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

17 / 100

31 / 100

Industry

07 / 100

22 / 100

Population

08 / 100

19 / 100

House Prices

45 / 100

60 / 100

Jobs

22 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Mudgee HS Mudgee PS
  • Gulgong Public School

    Gulgong, NSW, 2852 State K-6

  • Gulgong High School

    Gulgong, NSW, 2852 State 7-12


Property Story

131 Araluen Lane, Wollar, Nsw, 2850 is a residential property . The estimated distance to the sea is 173.51km and 0.61KM 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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