Unit 5, 280-286 PARK ROAD Berala NSW 2141
This property is Off Market
- Last sold 10/14/2024 for $580,000. The Average property price in this area is $1,173,020, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 15.50 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
- 10/22/2024 73 FIRST AVE $400,000
- 10/21/2024 8 JUDITH ST $1,560,000
- 10/15/2024 27 LONDON RD $2,500,000
- 10/8/2024 43 WOODBURN RD $1,450,000
- 10/4/2024 34 SEVENTH AVE $1,140,500
About Berala
With an average age of 34, households expect an average monthly mortgage payment of $2,100 or a weekly rent payment of $450. The average family earns a weekly income of $1,593 with a typical household size of 3.2 and a 91.02% 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 Berala 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. Low average earnings from people in Berala leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. Lower than average industry presence in Berala we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Berala a better buying opportunity than it may have been in the past.
Public Transport
Chester Hill
General Points of Interest
Australian Air Cadets Memorial
Auburn Central
Canterbury Public Golf Course
Panania War Memorial
Efogi
Auburn Aviary
North Parramatta Swim School
Rosehill Bowling and Recreation Club
Mount Lewis Bowling Club
Potts Park
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 782 asthma sufferers and 570 people living with diabetes. In addition, 373 people have a heart/vascular condition and 538 people live with three or more chronic diseases.A good place to invest in property?
Berala 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
13 / 100
31 / 100
Industry
11 / 100
22 / 100
Population
09 / 100
19 / 100
House Prices
61 / 100
60 / 100
Jobs
15 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsBirrong GHS Birrong BHS Berala PS
Property Story
Unit 5, 280-286 Park Road, Berala, Nsw, 2141 is a residential property . The estimated distance to the sea is 15.5km and at least 2.79KM 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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