Mullemblah, 254 MULLEMBLAH ROAD Alma Park NSW 2659
This property is Off Market
- Last sold 6/2/2020 for $2,124,210. The Average property price in this area is $564,582, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 274.40 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
- 4/1/2022 8 SCHLENKERS RD $8,120,000
- 11/11/2020 467 MUNYAPLAH BOUNDARY RD $1,878,000
- 10/11/2019 1802 ALMA PARK RD $855,000
- 3/2/2012 73 RYAN STOCK RTE $1,160,000
About Albury Region
With an average age of 43, households expect an average monthly mortgage payment of $759 or a weekly rent payment of $210. The average family earns a weekly income of $1,708 with a typical household size of 2.7 and a 94.59% employment rate.
In Alma Park 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 Alma Park 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 Alma Park 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. Lower than average industry presence in Alma Park 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 Alma Park a better buying opportunity than it may have been in the past.
Public Transport
Culcairn
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1504 asthma sufferers and 486 people living with diabetes. In addition, 636 people have a heart/vascular condition and 1206 people live with three or more chronic diseases.A good place to invest in property?
Albury 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
20 / 100
31 / 100
Industry
10 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
40 / 100
60 / 100
Jobs
24 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWalbundrie PS Billabong HS
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Walla Walla Public School
Walla Walla, NSW, 2659 State K-6 -
Walbundrie Public School
Walla Walla, NSW, 2642 State K-6 -
St Joseph's Primary School
Culcairn, NSW, 2660 Independent K-6 -
Pleasant Hills Public School
Pleasant Hills, NSW, 2658 State K-6 -
Culcairn Public School
Culcairn, NSW, 2660 State K-6 -
Billabong High School
Culcairn, NSW, 2660 State 7-12 -
St Paul's College
Walla Walla, NSW, 2659 Independent 7-12
Property Story
Mullemblah, 254 Mullemblah Road, Alma Park, Nsw, 2659 is a residential property . The estimated distance to the sea is 274.4km and at least 14.1KM 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
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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