This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $1,692 or a weekly rent payment of $400. The average family earns a weekly income of $1,408 with a typical household size of 3.2 and a 90.31% employment rate.
In Cabramatta 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 Cabramatta 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. Low average earnings from people in Cabramatta leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Cabramatta necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Cabramatta 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 Cabramatta a better buying opportunity than it may have been in the past.
(Country of Birth not stated 6%)
Cabramatta - Lansvale 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
04 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
36 / 100
19 / 100
House Prices
41 / 100
60 / 100
Jobs
02 / 100
29 / 100
Incidents Trend State Average
Cabramatta Public School
Cabramatta, NSW, 2166 State K-6
Pal Buddhist School
Canley Vale, NSW, 2166 Independent 3-12
Cabramatta West Public School
Cabramatta, NSW, 2166 State K-6
Cabramatta High School
Cabramatta, NSW, 2166 State 7-12
Les Powell School
Mount Pritchard, NSW, 2170 State U
Canley Vale Public School
Canley Vale, NSW, 2166 State P-6
Lawrence Hargrave School
Warwick Farm, NSW, 2170 State U
Sacred Heart Catholic School
Cabramatta, NSW, 2166 Independent K-6
Warwick Farm Public School
Warwick Farm, NSW, 2170 State K-6
Canley Heights Public School
Canley Heights, NSW, 2166 State P-6
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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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