Ranora, 468 MICALAGO ROAD Michelago NSW 2620
This property is Off Market
- Last sold 11/9/2020 for $890,000. The Average property price in this area is $1,183,117, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 88.22 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
- 10/18/2024 466 MICALAGO RD $610,000
- 7/31/2024 13 MOUNT VIEW $1,075,000
- 7/5/2024 41 RYRIE ST $900,000
- 2/28/2024 6215 MONARO HWY $1,100,000
- 12/20/2023 114 RYRIE ST $1,100,000
About Queanbeyan Region
With an average age of 40, households expect an average monthly mortgage payment of $2,392 or a weekly rent payment of $350. The average family earns a weekly income of $2,905 with a typical household size of 2.9 and a 97.24% 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. High average incomes in Michelago ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Michelago classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Michelago necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 1589 asthma sufferers and 613 people living with diabetes. In addition, 770 people have a heart/vascular condition and 1257 people live with three or more chronic diseases.A good place to invest in property?
Queanbeyan 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
60 / 100
31 / 100
Industry
31 / 100
22 / 100
Population
31 / 100
19 / 100
House Prices
77 / 100
60 / 100
Jobs
49 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKarabar HS Michelago PS
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Bredbo Public School
Bredbo, NSW, 2626 State K-6 -
Lanyon High School
Conder, ACT, 2906 Independent 7-10 -
St Francis of Assisi Primary School
Calwell, ACT, 2905 Independent K-6 -
Captains Flat Public School
Captains Flat, NSW, 2623 State K-6 -
Michelago Public School
Michelago, NSW, 2620 State K-6 -
Charles Conder Primary School
Conder, ACT, 2906 Independent K-6 -
Theodore Primary School
Theodore, ACT, 2905 Independent K-6 -
Gordon Primary School
Gordon, ACT, 2906 Independent K-6 -
St Clare of Assisi Primary School
Conder, ACT, 2906 Independent K-6
Property Story
Ranora, 468 Micalago Road, Michelago, Nsw, 2620 is a residential property with 4 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated distance to the sea is 88.22km and at least 3.37KM 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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