This property is Off Market
With an average age of 39, households expect an average monthly mortgage payment of $2,600 or a weekly rent payment of $250. The average family earns a weekly income of $1,786 with a typical household size of 3.1 and a 93.75% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mount Lewis 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. A mix of professions and above average income earners in Mount Lewis provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Mount Lewis to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 3%)
Greenacre - Mount Lewis 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
17 / 100
31 / 100
Industry
25 / 100
22 / 100
Population
18 / 100
19 / 100
House Prices
61 / 100
60 / 100
Jobs
36 / 100
29 / 100
Incidents Trend State Average
St Euphemia College
Bankstown, NSW, 2200 Independent K-12
Mount Lewis Infants School
Greenacre, NSW, 2190 State K-2
Holy Saviour School
Greenacre, NSW, 2190 Independent K-6
Al Noori Muslim School
Greenacre, NSW, 2190 Independent K-12
Punchbowl Boys High School
Punchbowl, NSW, 2196 State 7-12
St Charbel's College
Punchbowl, NSW, 2196 Independent K-12
Banksia Road Public School
Greenacre, NSW, 2190 State K-6
Al Sadiq College
Greenacre, NSW, 2190 Independent K-12
Greenacre Public School
Greenacre, NSW, 2190 State K-6
La Salle Catholic College
Bankstown, NSW, 2200 Independent 7-12
To see the latest development applications
Join usAlready have an account? Sign in
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.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure