Mayfield, 656 RINGWOOD ROAD Ootha NSW 2875
This property is Off Market
- Last sold 2/1/2023 for $3,750,000. The Average property price in this area is $741,816, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 352.15 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
- 9/5/2024 24 BURRAWANG WEST RD $515,000
- 8/16/2023 5 CHURCH ST $28,500
- 7/21/2022 196 BURRAWANG WEST RD $14,605,000
- 2/1/2022 110 GIBBA RD $850,000
- 12/16/2021 6771 HENRY PARKES WAY $1,700,000
About Condobolin
With an average age of 45, households expect an average monthly mortgage payment of $800 or a weekly rent payment of $183. The average family earns a weekly income of $2,249 with a typical household size of 2.5 and a 107.14% employment rate.
In Ootha 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 Ootha 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 Ootha 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. With very low industrial sector presence in Ootha 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.
Public Transport
Condobolin
General Points of Interest
Utes in the Paddock
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1043 asthma sufferers and 551 people living with diabetes. In addition, 444 people have a heart/vascular condition and 793 people live with three or more chronic diseases.A good place to invest in property?
Condobolin 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
11 / 100
31 / 100
Industry
04 / 100
22 / 100
Population
03 / 100
19 / 100
House Prices
18 / 100
60 / 100
Jobs
16 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCondobolin HS Condobolin PS
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Bogan Gate Public School
Bogan Gate, NSW, 2876 State K-6 -
Condobolin High School
Condobolin, NSW, 2877 State 7-12 -
Trundle Central School
Trundle, NSW, 2875 State K-12 -
St Patrick's Parish School
Trundle, NSW, 2875 Independent K-5 -
Bedgerabong Public School
Bedgerabong, NSW, 2871 State K-6 -
Tullamore Central School
Tullamore, NSW, 2874 State K-12 -
Forbes North Public School
Forbes, NSW, 2871 State K-6 -
St Joseph's Parish School
Condobolin, NSW, 2877 Independent K-6 -
Condobolin Public School
Condobolin, NSW, 2877 State K-6
Property Story
Mayfield, 656 Ringwood Road, Ootha, Nsw, 2875 is a residential property . The estimated distance to the sea is 352.15km and at least 2.55KM 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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