289 Minimbah Road, Minimbah NSW 2312
This property is Off Market
- Last sold 6/9/2023 for $400,000. The Average property price in this area is $948,676, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 12.92 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
- 7/31/2024 13 MINIMBAH WEST BRANCH RD $800,000
- 10/23/2023 569 MINIMBAH RD $910,000
- 8/31/2023 1131 MINIMBAH RD $1,110,000
- 8/11/2023 107 MINIMBAH WEST BRANCH RD $950,000
- 3/14/2023 142 MINIMBAH WEST BRANCH RD $875,000
About Forster-Tuncurry Region
With an average age of 54, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $323. The average family earns a weekly income of $1,445 with a typical household size of 2.7 and a 93.07% employment rate.
In Minimbah 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 Minimbah 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 Minimbah 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 Minimbah 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.
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 841 asthma sufferers and 498 people living with diabetes. In addition, 507 people have a heart/vascular condition and 734 people live with three or more chronic diseases.A good place to invest in property?
Forster-Tuncurry Region 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
05 / 100
31 / 100
Industry
05 / 100
22 / 100
Population
07 / 100
19 / 100
House Prices
46 / 100
60 / 100
Jobs
13 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNabiac PS GLC Tuncurry GLC Snr C
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Nabiac Public School
Nabiac, NSW, 2312 State K-6 -
Holy Name Primary School
Forster, NSW, 2428 Independent K-6 -
Great Lakes College Tuncurry Campus
Tuncurry, NSW, 2428 State 7-10 -
Hallidays Point Public School
Diamond Beach, NSW, 2430 State K-6 -
Tuncurry Public School
Tuncurry, NSW, 2428 State K-6 -
Krambach Public School
Krambach, NSW, 2429 State K-6 -
Forster Public School
Forster, NSW, 2428 State K-6 -
Great Lakes College Forster Campus
Forster, NSW, 2428 State 7-10 -
Great Lakes College Senior Campus
Tuncurry, NSW, 2428 State 11-12 -
Coolongolook Public School
Coolongolook, NSW, 2423 State K-6
Property Story
289 Minimbah Road, Minimbah, Nsw, 2312 is a residential property . The estimated distance to the sea is 12.92km and 0.1KM 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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