825 Federal Drive, Federal NSW 2480
This property is Off Market
- Last sold 9/6/2022 for $1,900,000. The Average property price in this area is $2,632,753, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 12.64 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
- 9/24/2024 4 COOINDA PL $1,900,000
- 9/6/2024 154 WALTONS RD $2,220,000
- 8/30/2024 18 COACHWOOD CT $139,500
- 4/9/2024 756 FEDERAL DR $450,000
- 3/25/2024 541 BINNA BURRA RD $1,800,000
About Bangalow
With an average age of 50, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $400. The average family earns a weekly income of $2,678 with a typical household size of 2.3 and a 97.81% 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 Federal 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 Federal 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 Federal 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 Federal a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Crystal Castle
Bowls Club
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 711 asthma sufferers and 281 people living with diabetes. In addition, 261 people have a heart/vascular condition and 505 people live with three or more chronic diseases.A good place to invest in property?
Bangalow 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
21 / 100
31 / 100
Industry
10 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
67 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsByron Bay HS Goonengerry PS
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Coorabell Public School
Coorabell, NSW, 2479 State K-6 -
Wilsons Creek Public School
Mullumbimby, NSW, 2482 State K-6 -
Goonengerry Public School
Goonengerry, NSW, 2482 State K-6 -
Upper Coopers Creek Public School
Upper Coopers Creek, NSW, 2482 State K-6
Property Story
825 Federal Drive, Federal, Nsw, 2480 is a residential property . The estimated distance to the sea is 12.64km and at least 1.49KM 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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