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3 Ruby Lane,
Meroo Meadow NSW 2540

This property is Off Market

All about Meroo Meadow Homes for sale in Meroo Meadow


  • Last sold 11/13/2017 for $625,000. The Average property price in this area is $817,407, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 10.79 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About North Nowra - Bomaderry

With an average age of 42, households expect an average monthly mortgage payment of $2,008 or a weekly rent payment of $360. The average family earns a weekly income of $1,988 with a typical household size of 2.8 and a 94.62% employment rate.

In Meroo Meadow 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 Meroo Meadow 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 Meroo Meadow 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 Meroo Meadow 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 Meroo Meadow a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 2183 asthma sufferers and 848 people living with diabetes. In addition, 1044 people have a heart/vascular condition and 2162 people live with three or more chronic diseases.

A good place to invest in property?

North Nowra - Bomaderry 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

15 / 100

31 / 100

Industry

18 / 100

22 / 100

Population

14 / 100

19 / 100

House Prices

49 / 100

60 / 100

Jobs

22 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Bomaderry PS Bomaderry HS
  • Nowra Anglican College

    Bomaderry, NSW, 2541 Independent K-12

  • Terara Public School

    Terara, NSW, 2540 State K-6

  • St Michael's Catholic Primary School

    Nowra, NSW, 2541 Independent K-6

  • Havenlee School

    North Nowra, NSW, 2541 State U

  • North Nowra Public School

    North Nowra, NSW, 2541 State K-6

  • Bomaderry Public School

    Bomaderry, NSW, 2541 State K-6

  • Cambewarra Public School

    Cambewarra, NSW, 2540 State K-6

  • Illaroo Road Public School

    North Nowra, NSW, 2541 State K-6

  • Nowra High School

    Nowra, NSW, 2541 State 7-12

  • Bomaderry High School

    Bomaderry, NSW, 2541 State 7-12


Property Story

3 Ruby Lane, Meroo Meadow, Nsw, 2540 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 10.79km and 0.39KM 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

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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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