308 Orchard Road, Spring Terrace NSW 2798
This property is Off Market
- Last sold 11/8/2023 for $1,520,000. The Average property price in this area is $751,002, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 196.42 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
- 5/15/2024 1544 FOREST REEFS RD $2,190,000
- 3/19/2024 29 KELLY LANE $1,360,000
- 5/2/2023 4 SPRING TERRACE RD $1,750,000
- 12/2/2022 41 HOLMES RD $400,000
- 5/4/2022 1705 FOREST REEFS RD $1,325,000
About Orange Region
With an average age of 41, households expect an average monthly mortgage payment of $2,171 or a weekly rent payment of $320. The average family earns a weekly income of $2,922 with a typical household size of 2.8 and a 98.45% employment rate.
In Spring Terrace 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 Spring Terrace due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Spring Terrace provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Spring Terrace 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 Spring Terrace a better buying opportunity than it may have been in the past.
Public Transport
Blayney
General Points of Interest
Huntley Berry Farm
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1306 asthma sufferers and 540 people living with diabetes. In addition, 692 people have a heart/vascular condition and 1064 people live with three or more chronic diseases.A good place to invest in property?
Orange 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
33 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCanobolas RTHS Spring Terrace PS
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Anson Street School
Orange, NSW, 2800 State U -
Canobolas Rural Technology High School
Orange, NSW, 2800 State 7-12 -
Glenroi Heights Public School
Orange, NSW, 2800 State K-6 -
Millthorpe Public School
Millthorpe, NSW, 2798 State K-6 -
Kinross Wolaroi School
Orange, NSW, 2800 Independent K-12 -
Orange Christian School
Orange, NSW, 2800 Independent K-12 -
Canobolas Public School
Orange, NSW, 2800 State K-6 -
Spring Terrace Public School
Spring Terrace, NSW, 2798 State K-6 -
Spring Hill Public School
Spring Hill, NSW, 2800 State K-6 -
James Sheahan Catholic High School
Orange, NSW, 2800 Independent 7-12
Property Story
308 Orchard Road, Spring Terrace, Nsw, 2798 is a residential property . The estimated distance to the sea is 196.42km and at least 7.16KM 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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