5 Park Street, Bellingen NSW 2454
This property is Off Market
- Last sold 7/10/2024 for $840,000. The Average property price in this area is $1,055,314, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 13.56 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 5 FOSTER CL $955,000
- 10/22/2024 45 MCNALLY ST $965,000
- 10/21/2024 25 SCOTCHMAN RD $1,330,000
- 10/14/2024 17 MCNALLY ST $665,000
- 10/4/2024 26 HALPIN ST $720,000
About Bellingen
With an average age of 44, households expect an average monthly mortgage payment of $1,486 or a weekly rent payment of $390. The average family earns a weekly income of $1,260 with a typical household size of 2.4 and a 85.31% employment rate.
In Bellingen 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 Bellingen 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 Bellingen 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. With very low industrial sector presence in Bellingen 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
Nambucca Heads
General Points of Interest
Dorrigo Trout Fishing.
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 760 asthma sufferers and 380 people living with diabetes. In addition, 277 people have a heart/vascular condition and 644 people live with three or more chronic diseases.A good place to invest in property?
Bellingen 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
10 / 100
31 / 100
Industry
07 / 100
22 / 100
Population
07 / 100
19 / 100
House Prices
50 / 100
60 / 100
Jobs
15 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBellingen HS
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Bonville Public School
Bonville, NSW, 2450 State K-6
Property Story
5 Park Street, Bellingen, Nsw, 2454 is a residential property . The estimated distance to the sea is 13.56km and 0.73KM 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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