This property is Off Market
With an average age of 31, households expect an average monthly mortgage payment of $2,200 or a weekly rent payment of $520. The average family earns a weekly income of $2,166 with a typical household size of 2.5 and a 93.52% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Arncliffe 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 Arncliffe 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 Arncliffe to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 6%)
Arncliffe - Bardwell Valley 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
36 / 100
31 / 100
Industry
48 / 100
22 / 100
Population
21 / 100
19 / 100
House Prices
79 / 100
60 / 100
Jobs
38 / 100
29 / 100
Incidents Trend State Average
Undercliffe Public School
Earlwood, NSW, 2206 State K-6
Ferncourt Public School
Marrickville, NSW, 2204 State K-6
Tempe Public School
Tempe, NSW, 2044 State K-6
Al Zahra College
Arncliffe, NSW, 2205 Independent K-12
Athelstane Public School
Arncliffe, NSW, 2205 State K-6
Arncliffe Public School
Arncliffe, NSW, 2205 State K-6
Kingdom Culture Christian School
Arncliffe, NSW, 2205 Independent K-10
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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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