55 Obley Street, Cumnock NSW 2867
This property is Off Market
- Last sold 11/10/2020 for $220,000. The Average property price in this area is $751,002, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 237.61 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 98 OBLEY ST $360,000
- 9/24/2024 40 OBLEY ST $220,000
- 9/18/2024 13 GOOGODERY RD $330,000
- 4/2/2024 12 HAIG ST $95,000
- 10/23/2023 31 OBLEY ST $270,000
About Orange Region
With an average age of 51, households expect an average monthly mortgage payment of $867 or a weekly rent payment of $220. The average family earns a weekly income of $1,303 with a typical household size of 2.2 and a 90.11% employment rate.
In Cumnock 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cumnock due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cumnock provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Cumnock 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 Cumnock a better buying opportunity than it may have been in the past.
Public Transport
Stuart Town
General Points of Interest
Cumnock Golf Course
Cumnock Swimming Pool
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1306 asthma sufferers and 540 people living with diabetes. In addition, 692 people have a heart/vascular condition and 1064 people live with three or more chronic diseases.A good place to invest in property?
Orange 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
33 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCumnock PS Yeoval CS
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St Joseph's Catholic Primary School
Molong, NSW, 2866 Independent K-6 -
St Joseph's Catholic Primary School
Manildra, NSW, 2865 Independent K-4 -
Stuart Town Public School
Stuart Town, NSW, 2820 State K-6 -
St Columba's Catholic Primary School
Yeoval, NSW, 2868 Independent K-6 -
Molong Central School
Molong, NSW, 2866 State K-12 -
Mumbil Public School
Mumbil, NSW, 2820 State K-6 -
Cumnock Public School
Cumnock, NSW, 2867 State K-6 -
Manildra Public School
Manildra, NSW, 2865 State K-6 -
Yeoval Central School
Yeoval, NSW, 2868 State K-12
Property Story
55 Obley Street, Cumnock, Nsw, 2867 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $270,000. The estimated distance to the sea is 237.61km and at least 9.07KM 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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