Unit 5, 24-26 WURU DRIVE Burrill Lake NSW 2539
This property is Off Market
- Last sold 12/19/2018 for $470,000. The Average property price in this area is $934,556, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.97 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
- 10/21/2024 22 COMMONWEALTH AVE $735,000
- 10/18/2024 12 GEORGE ST $765,000
- 10/10/2024 20 MACQUARIE DR $950,000
- 10/2/2024 10 CANBERRA CRES $730,000
- 9/24/2024 10 RACKHAM CRES $840,000
About Ulladulla
With an average age of 37, households expect an average monthly mortgage payment of $1,937 or a weekly rent payment of $400. The average family earns a weekly income of $1,652 with a typical household size of 2.7 and a 97.21% employment rate.
In Burrill Lake 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 Burrill Lake 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 Burrill Lake 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 Burrill Lake 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 Burrill Lake a better buying opportunity than it may have been in the past.
General Points of Interest
Mollymook Beachside Gold Course
Milton Swimming Centre
Ledges Aus
Ulladulla Sea Pool
Mollymook Golf Club (Hilltop)
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1928 asthma sufferers and 1377 people living with diabetes. In addition, 1493 people have a heart/vascular condition and 2558 people live with three or more chronic diseases.A good place to invest in property?
Ulladulla 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
07 / 100
31 / 100
Industry
16 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
18 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUlladulla HS Ulladulla PS
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Budawang School
Ulladulla, NSW, 2539 State U -
St Mary's Star of the Sea Catholic Primary School
Milton, NSW, 2538 Independent K-6 -
Milton Public School
Milton, NSW, 2538 State K-6 -
Ulladulla Public School
Ulladulla, NSW, 2539 State K-6 -
Sussex Inlet Public School
Sussex Inlet, NSW, 2540 State K-6
Property Story
Unit 5, 24-26 Wuru Drive, Burrill Lake, Nsw, 2539 is a residential property . The estimated distance to the sea is only 0.97km and 0.11KM 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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