50 Lake Russell Drive, Emerald Beach NSW 2456
This property is Off Market
- Last sold 4/24/2024 for $1,975,000. The Average property price in this area is $1,074,257, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.08 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
- 10/9/2024 1 SERENITY BAY RD $910,000
- 10/3/2024 28 POYNTEN DR $975,000
- 9/27/2024 73 EMERALD HEIGHTS DR $925,000
- 8/15/2024 24 EMERALD HEIGHTS DR $795,000
- 7/31/2024 51 FIDDAMAN RD $949,000
About Korora - Emerald Beach
With an average age of 36, households expect an average monthly mortgage payment of $2,100 or a weekly rent payment of $540. The average family earns a weekly income of $1,913 with a typical household size of 3 and a 95.0% 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 Emerald Beach 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 Emerald Beach 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. Lower than average industry presence in Emerald Beach 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 Emerald Beach a better buying opportunity than it may have been in the past.
Public Transport
Sawtell
General Points of Interest
Woolgoolga Swimming Pool
Woolgoolga RSL Golf Club
Nexus Gym
Woolgoolga Swim School
Moonee Marketplace
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1196 asthma sufferers and 367 people living with diabetes. In addition, 451 people have a heart/vascular condition and 848 people live with three or more chronic diseases.A good place to invest in property?
Korora - Emerald Beach 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
24 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
62 / 100
60 / 100
Jobs
21 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsSandy Beach PS Woolgoolga HS
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Sandy Beach Public School
Sandy Beach, NSW, 2456 State K-6 -
St Francis Xavier Primary School
Woolgoolga, NSW, 2456 Independent K-6 -
Tyalla Public School
Coffs Harbour, NSW, 2450 State K-6 -
Woolgoolga Public School
Woolgoolga, NSW, 2456 State K-6 -
Orara High School
Coffs Harbour, NSW, 2450 State 7-12 -
Kororo Public School
Korora, NSW, 2450 State K-6 -
Karangi Public School
Karangi, NSW, 2450 State K-6 -
Mullaway Public School
Mullaway, NSW, 2456 State K-6 -
Casuarina Steiner School
Coffs Harbour, NSW, 2450 Independent K-5 -
Woolgoolga High School
Woolgoolga, NSW, 2456 State 7-12
Property Story
50 Lake Russell Drive, Emerald Beach, Nsw, 2456 is a residential property . The estimated distance to the sea is 2.08km and 0.08KM 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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