Possum Hill, 47 WILLOW TREE LANE Mount Rankin NSW 2795
This property is Off Market
- Last sold 7/28/2017 for $595,000. The Average property price in this area is $884,896, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 160.29 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 9/20/2024 34 WOODSIDE DR $1,180,000
- 5/17/2024 257 FREEMANTLE RD $5,250,000
- 12/20/2023 170 GREEN GULLY RD $2,200,000
- 12/6/2023 63 WYLCHRIS LANE $692,000
- 6/16/2023 458 FREEMANTLE RD $1,326,000
About Bathurst Region
With an average age of 44, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $335. The average family earns a weekly income of $2,705 with a typical household size of 3 and a 97.76% employment rate.
In Mount Rankin 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 Mount Rankin 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 Mount Rankin 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 Mount Rankin 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
Blayney
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 878 asthma sufferers and 343 people living with diabetes. In addition, 413 people have a heart/vascular condition and 745 people live with three or more chronic diseases.A good place to invest in property?
Bathurst 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
25 / 100
31 / 100
Industry
09 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
20 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDenison Bathurst Eglinton PS
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Cathedral Catholic Primary School
Bathurst, NSW, 2795 Independent K-6 -
Bathurst West Public School
Bathurst, NSW, 2795 State K-6 -
Carenne School
Bathurst, NSW, 2795 State U -
Bathurst Public School
Bathurst, NSW, 2795 State K-6 -
Bathurst South Public School
Bathurst, NSW, 2795 State K-6
Property Story
Possum Hill, 47 Willow Tree Lane, Mount Rankin, Nsw, 2795 is a residential property . The estimated distance to the sea is 160.29km and at least 2.25KM 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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