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169 Banoon Homestead Road,
Banoon NSW 2347

This property is Off Market

All about Banoon Homes for sale in Banoon


  • Last sold 12/23/2005 for $855,950. The Average property price in this area is $787,203, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 244.77 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Tamworth Region

With an average age of 50, households expect an average monthly mortgage payment of $1,387 or a weekly rent payment of $180. The average family earns a weekly income of $2,021 with a typical household size of 2.2 and a 98.18% employment rate.

In Banoon 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 Banoon 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 Banoon 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 Banoon 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 Banoon 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 Banoon a better buying opportunity than it may have been in the past.


Population

(Country of Birth not stated 20%)

Are people healthy?

There are a recorded 2560 asthma sufferers and 1090 people living with diabetes. In addition, 1221 people have a heart/vascular condition and 2396 people live with three or more chronic diseases.

A good place to invest in property?

Tamworth Region 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

18 / 100

22 / 100

Population

21 / 100

19 / 100

House Prices

47 / 100

60 / 100

Jobs

29 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Barraba CS
  • Manilla Central School

    Manilla, NSW, 2346 State K-12

  • Fairfax Public School

    Maules Creek, NSW, 2382 State K-6

  • Somerton Public School

    Somerton, NSW, 2340 State K-6

  • Sacred Heart Primary School

    Boggabri, NSW, 2382 Independent K-6

  • St Xavier's Primary School

    Gunnedah, NSW, 2380 Independent K-6

  • Carroll Public School

    Carroll, NSW, 2340 State K-6

  • Boggabri Public School

    Boggabri, NSW, 2382 State K-6

  • St Michael's Catholic Primary School

    Manilla, NSW, 2346 Independent K-6

  • Barraba Central School

    Barraba, NSW, 2347 State K-12

  • St Joseph's Primary School

    Barraba, NSW, 2347 Independent K-6


Property Story

169 Banoon Homestead Road, Banoon, Nsw, 2347 is a residential property . The estimated distance to the sea is 244.77km and at least 4.1KM 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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