8 Bursaria Place, South Bowenfels NSW 2790
This property is Off Market
- Last sold 2/20/2023 for $988,000. The Average property price in this area is $469,846, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 99.16 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
- 10/9/2024 9 ACER PL $800,000
- 9/9/2024 3570 GREAT WESTERN HWY $600,000
- 9/9/2024 16 STOCKADE CL $805,000
- 8/29/2024 6 STOCKADE CL $850,000
- 8/21/2024 24 ROBINIA DR $685,000
About Lithgow
With an average age of 44, households expect an average monthly mortgage payment of $1,915 or a weekly rent payment of $375. The average family earns a weekly income of $2,296 with a typical household size of 2.7 and a 97.71% employment rate.
In South Bowenfels 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 South Bowenfels 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 South Bowenfels 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 South Bowenfels 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 South Bowenfels a better buying opportunity than it may have been in the past.
Public Transport
Tarana
General Points of Interest
Greater Lithgow Ex-POW
JM Robson Aquatic Centre
University of Notre Dame Lithgow Clinical School
Lithgow Valley Plaza
Lithgow Olympic Pool
Lithgow Correctional Centre
Kew-Y-Ahn Bell Rock
Cemetery
Lithgow Fallen Heroes War Memorial
Western Sydney University - Lithgow Campus
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1787 asthma sufferers and 872 people living with diabetes. In addition, 954 people have a heart/vascular condition and 1895 people live with three or more chronic diseases.A good place to invest in property?
Lithgow 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
11 / 100
31 / 100
Industry
10 / 100
22 / 100
Population
11 / 100
19 / 100
House Prices
40 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLithgow HS Lithgow PS
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Cooerwull Public School
Lithgow, NSW, 2790 State K-6 -
St Patrick's Catholic Primary School
Lithgow, NSW, 2790 Independent K-6 -
Lithgow Public School
Lithgow, NSW, 2790 State K-6
Property Story
8 Bursaria Place, South Bowenfels, Nsw, 2790 is a residential property with 5 bedrooms, 4 bathrooms and 2 Parking spaces. The estimated distance to the sea is 99.16km and 0.03KM 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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