23 Derwent Drive, Cudmirrah NSW 2540
This property is Off Market
- Last sold 3/7/2017 for $350,000. The Average property price in this area is $741,583, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.64 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/14/2024 29 COLLIER DR $760,000
- 1/18/2024 12 WARATAH AVE $892,500
- 1/12/2024 86 COLLIER DR $1,750,000
- 11/30/2023 17 KOOLYN DR $1,500,000
- 10/27/2023 5 THIRD AVE $1,450,000
About Sussex Inlet - Berrara
With an average age of 56, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $280. The average family earns a weekly income of $1,518 with a typical household size of 2 and a 95.58% employment rate.
In Cudmirrah 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 Cudmirrah 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 Cudmirrah 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. 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 Cudmirrah 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
The Husky Ferry Pickup/Dropoff
Bomaderry
General Points of Interest
Sussex Inlet Golf Club
Walter Hood (Ship wreck)
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 594 asthma sufferers and 471 people living with diabetes. In addition, 516 people have a heart/vascular condition and 911 people live with three or more chronic diseases.A good place to invest in property?
Sussex Inlet - Berrara 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
02 / 100
31 / 100
Industry
03 / 100
22 / 100
Population
03 / 100
19 / 100
House Prices
40 / 100
60 / 100
Jobs
12 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsVincentia HS Sussex Inlet PS
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St Mary's Star of the Sea Catholic Primary School
Milton, NSW, 2538 Independent K-6 -
St Georges Basin Public School
Basin View, NSW, 2540 State K-6 -
Vincentia Public School
Vincentia, NSW, 2540 State K-6 -
Vincentia High School
Vincentia, NSW, 2540 State 7-12 -
Sanctuary Point Public School
Sanctuary Point, NSW, 2540 State K-6 -
Jervis Bay School
Jervis Bay, ACT, 2540 Independent K-6 -
Milton Public School
Milton, NSW, 2538 State K-6 -
Budawang School
Ulladulla, NSW, 2539 State U -
Sussex Inlet Public School
Sussex Inlet, NSW, 2540 State K-6 -
Tomerong Public School
Tomerong, NSW, 2540 State K-6
Property Story
23 Derwent Drive, Cudmirrah, Nsw, 2540 is a residential property with 3 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated value of this home is $570,000 while properties of this type typically sell for between $1,025,000 and $1,070,000 in this suburb. The estimated distance to the sea is only 0.64km and 0.34KM 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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