8 Margaret Street, Silkwood QLD 4856
This property is Off Market
- The Average property price in this area is $702,595, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 8.29 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Johnstone
With an average age of 50, households expect an average monthly mortgage payment of $1,083 or a weekly rent payment of $280. The average family earns a weekly income of $1,325 with a typical household size of 2.3 and a 101.15% employment rate.
In Silkwood 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 Silkwood 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 Silkwood 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. High density population in Silkwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Silkwood 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 Silkwood a better buying opportunity than it may have been in the past.
Public Transport
Innisfail
General Points of Interest
El Arish Country Club
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1016 asthma sufferers and 688 people living with diabetes. In addition, 475 people have a heart/vascular condition and 872 people live with three or more chronic diseases.A good place to invest in property?
Johnstone 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
Queensland State average 66 / 100
Income
15 / 100
32 / 100
Industry
11 / 100
32 / 100
Population
42 / 100
40 / 100
House Prices
48 / 100
63 / 100
Jobs
18 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTully SHS Silkwood SS
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St John's School
Silkwood, QLD, 4856 Independent Prep-6
Property Story
8 Margaret Street, Silkwood, Qld, 4856 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 8.29km and 0.1KM 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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