Mount Elrington, 312 MOUNT ELRINGTON ROAD Farringdon NSW 2622
This property is Off Market
- Last sold 11/19/2020 for $1,150,000. The Average property price in this area is $897,296, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 52.72 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
- 12/3/2021 954 FARRINGDON RD $880,000
- 7/5/2021 1070 FARRINGDON RD $1,600,000
- 12/13/2016 296 MOUNT ELRINGTON RD $210,000
- 2/20/2013 1002 FARRINGDON RD $175,000
- 12/22/2009 940 FARRINGDON RD $345,000
About Braidwood
With an average age of 51, households expect an average monthly mortgage payment of $2,041 or a weekly rent payment of $275. The average family earns a weekly income of $1,866 with a typical household size of 2.4 and a 95.22% employment rate.
In Farringdon 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 Farringdon 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 Farringdon 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 Farringdon 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
Bungendore
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 514 asthma sufferers and 215 people living with diabetes. In addition, 265 people have a heart/vascular condition and 490 people live with three or more chronic diseases.A good place to invest in property?
Braidwood 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
19 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
48 / 100
60 / 100
Jobs
16 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBraidwood CS
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Queanbeyan East Public School
Queanbeyan, NSW, 2620 State K-6 -
Captains Flat Public School
Captains Flat, NSW, 2623 State K-6 -
St Gregory's Primary School
Queanbeyan, NSW, 2620 Independent K-6 -
Bungendore Public School
Bungendore, NSW, 2621 State K-6 -
The Anglican School Googong
Googong, NSW, 2620 Independent K-9 -
Queanbeyan South Public School
Queanbeyan, NSW, 2620 State K-6 -
St Bede's Primary School
Braidwood, NSW, 2622 Independent K-6 -
Queanbeyan Public School
Queanbeyan, NSW, 2620 State K-6 -
Braidwood Central School
Braidwood, NSW, 2622 State K-12 -
Karabar High School
Queanbeyan, NSW, 2620 State 7-12
Property Story
Mount Elrington, 312 Mount Elrington Road, Farringdon, Nsw, 2622 is a residential property . The estimated distance to the sea is 52.72km and at least 1.38KM 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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