28 Witcombe Street, Mount Hope NSW 2877
This property is Off Market
- Last sold 9/8/2021 for $130,000. The Average property price in this area is $538,481, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 496.64 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
- 7/11/2024 3 KIDMAN WAY $160,000
- 4/20/2023 9 SCOTT ST $7,500
- 9/8/2021 27 GEORGE ST $130,000
- 9/1/2021 9 KIDMAN WAY $268,000
- 6/23/2021 1317 TIPPING WAY $16,372,000
About Cobar
With an average age of 51, households expect an average monthly mortgage payment of $433 or a weekly rent payment of $85. The average family earns a weekly income of $1,224 with a typical household size of 2.3 and a 90.16% employment rate.
In Mount Hope 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mount Hope due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mount Hope 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 Mount Hope 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.
Population
(Country of Birth not stated 13%)
Are people healthy?
There are a recorded 644 asthma sufferers and 295 people living with diabetes. In addition, 261 people have a heart/vascular condition and 385 people live with three or more chronic diseases.A good place to invest in property?
Cobar 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
37 / 100
31 / 100
Industry
03 / 100
22 / 100
Population
03 / 100
19 / 100
House Prices
30 / 100
60 / 100
Jobs
17 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsEuabalong WPS Lake Cargelligo CS
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Euabalong West Public School
Euabalong West, NSW, 2877 State K-6 -
Naradhan Public School
Naradhan, NSW, 2669 State K-6 -
Hillston Central School
Hillston, NSW, 2675 State K-12 -
St Francis Xavier's Primary School
Lake Cargelligo, NSW, 2672 Independent K-6 -
Lake Cargelligo Central School
Lake Cargelligo, NSW, 2672 State K-12 -
St Joseph's Parish School
Hillston, NSW, 2675 Independent K-6
Property Story
28 Witcombe Street, Mount Hope, Nsw, 2877 is a residential property . The estimated distance to the sea is 496.64km and at least 1.26KM 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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