8 River Street, New Brighton NSW 2483
This property is Off Market
- Last sold 7/11/2022 for $5,700,000. The Average property price in this area is $1,472,487, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.09 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
- 6/28/2024 46 RIVER ST $2,374,400
- 1/11/2024 54 NEW BRIGHTON RD $1,200,000
- 11/27/2023 21 PACIFIC ST $1,850,000
- 11/20/2023 1 BYRON ST $1,500,000
- 10/3/2023 7 OCEAN AVE $2,400,000
About Brunswick Heads - Ocean Shores
With an average age of 45, households expect an average monthly mortgage payment of $2,600 or a weekly rent payment of $600. The average family earns a weekly income of $1,837 with a typical household size of 2.4 and a 93.87% 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 New Brighton 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 New Brighton 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. Lower than average population density constrains growth in New Brighton to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in New Brighton 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 New Brighton a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
RSL War memorial
Petria Thomas Pool
Ocean Village Shopping Centre
Skydive Byron Bay
Ocean Shores Golf Course
Mullumbimby Golf Club
Population
(Country of Birth not stated 12%)
Are people healthy?
There are a recorded 1052 asthma sufferers and 442 people living with diabetes. In addition, 417 people have a heart/vascular condition and 999 people live with three or more chronic diseases.A good place to invest in property?
Brunswick Heads - Ocean Shores 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
09 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
19 / 100
19 / 100
House Prices
63 / 100
60 / 100
Jobs
18 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsOcean Shores PS Mullumbimby HS
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Ocean Shores Public School
Ocean Shores, NSW, 2483 State K-6
Property Story
8 River Street, New Brighton, Nsw, 2483 is a residential property with 3 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $6,065,000. The estimated distance to the sea is only 0.09km and 0.18KM 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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