188 Milsons Arm Road, Wollombi NSW 2325
This property is Off Market
- Last sold 2/8/2022 for $1,300,000. The Average property price in this area is $981,945, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 47.12 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 7/1/2024 256 MIDDLE RIDGE RD $230,000
- 4/8/2024 2 PRUDENCE ST $545,000
- 3/12/2024 3037 GREAT NORTH RD $1,535,000
- 12/22/2023 700 MILSONS ARM RD $236,667
- 11/20/2023 50 WOLGUNA RD $900,000
About Cessnock Region
With an average age of 56, households expect an average monthly mortgage payment of $1,842 or a weekly rent payment of $400. The average family earns a weekly income of $1,946 with a typical household size of 2.1 and a 97.01% 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 Wollombi 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 Wollombi 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 Wollombi 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
Morisset
General Points of Interest
Thompsons Bridge Convict Trail
Population
(Country of Birth not stated 13%)
Are people healthy?
There are a recorded 978 asthma sufferers and 420 people living with diabetes. In addition, 532 people have a heart/vascular condition and 1034 people live with three or more chronic diseases.A good place to invest in property?
Cessnock 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
28 / 100
31 / 100
Industry
09 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
57 / 100
60 / 100
Jobs
20 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLaguna PS Mt View HS
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Laguna Public School
Laguna, NSW, 2325 State K-6 -
Congewai Public School
Congewai, NSW, 2325 State K-6 -
Millfield Public School
Millfield, NSW, 2325 State K-6 -
Paxton Public School
Paxton, NSW, 2325 State K-6
Property Story
188 Milsons Arm Road, Wollombi, Nsw, 2325 is a residential property . The estimated distance to the sea is 47.12km and 0.07KM 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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