This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $2,059 or a weekly rent payment of $150. The average family earns a weekly income of $2,999 with a typical household size of 2.6 and a 104.0% 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bomen due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Bomen 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. 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. With very low industrial sector presence in Bomen 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.
(Country of Birth not stated 15%)
Wagga Wagga - North 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
44 / 100
31 / 100
Industry
07 / 100
22 / 100
Population
05 / 100
19 / 100
House Prices
58 / 100
60 / 100
Jobs
14 / 100
29 / 100
Incidents Trend State Average
Willans Hill School
Wagga Wagga, NSW, 2650 State U
South Wagga Public School
Wagga Wagga, NSW, 2650 State K-6
Wagga Wagga Christian College
Wagga Wagga, NSW, 2650 Independent K-12
St Joseph's Primary School
Wagga Wagga, NSW, 2650 Independent K-6
Forest Hill Public School
Forest Hill, NSW, 2651 State K-6
Kildare Catholic College
Wagga Wagga, NSW, 2650 Independent 7-12
North Wagga Public School
Wagga Wagga, NSW, 2650 State K-6
The Riverina Anglican College
Wagga Wagga, NSW, 2650 Independent 7-12
Wagga Wagga Public School
Wagga Wagga, NSW, 2650 State K-6
Wagga Wagga High School
Wagga Wagga, NSW, 2650 State 7-12
To see the latest development applications
Join usAlready have an account? Sign in
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.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure