Lot 501, WARRENGIE DRIVE Meningie SA 5264
This property is Off Market
- The Average property price in this area is $320,708, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 10.92 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
About The Coorong
With an average age of 55, households expect an average monthly mortgage payment of $1,189 or a weekly rent payment of $150. The average family earns a weekly income of $1,474 with a typical household size of 2.1 and a 102.34% employment rate.
In Meningie 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 Meningie 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. Low average earnings from people in Meningie leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Meningie to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Meningie the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
General Points of Interest
Lake Albert Golf Club
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 736 asthma sufferers and 439 people living with diabetes. In addition, 366 people have a heart/vascular condition and 705 people live with three or more chronic diseases.A good place to invest in property?
The Coorong 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
South Australia State average 45 / 100
Income
25 / 100
44 / 100
Industry
06 / 100
34 / 100
Population
20 / 100
37 / 100
House Prices
35 / 100
62 / 100
Jobs
12 / 100
33 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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Meningie Area School
Meningie, SA, 5264 State R-12 -
Raukkan Aboriginal School
Raukkan, SA, 5259 State R-5
Property Story
Lot 501, Warrengie Drive, Meningie, Sa, 5264 is a residential property . The estimated distance to the sea is 10.92km and 0.41KM 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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