167 Nellies Glen Road,
Megalong Valley NSW 2785

About Blackheath - Megalong Valley

With an average age of 51, households expect an average monthly mortgage payment of $2,019 or a weekly rent payment of $280. The average family earns a weekly income of $2,150 with a typical household size of 2.4 and a 100.0% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Megalong Valley 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 Megalong Valley 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 Megalong Valley 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.

Public Transport

Wentworth Falls Bullaburra Lawson Blackheath Medlow Bath Katoomba Hazelbrook Leura Mount Victoria Woodford

General Points of Interest

Sunbath The Colosseum Peace Memorial Megalong Valley Pioneers Camp Street Climbing Daniel Upper Leura Cascades Dardenelles Pass Leura Cascades Mount Rennie Tunnel entrance

Population

(Country of Birth not stated 18%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Katoomba HS

• Wentworth Falls Public School

  Wentworth Falls, NSW, 2782 State K-6

  NAPLAN

  Close

• Katoomba Public School

  Katoomba, NSW, 2780 State K-6

  NAPLAN

  Close

• Megalong Public School

  Megalong Valley, NSW, 2785 State K-6

  NAPLAN

  Close

• Katoomba High School

  Katoomba, NSW, 2780 State 7-12

  NAPLAN

  Close

Property Story

Local Developments

To see the latest development applications

Already have an account? Sign in

• 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