11 Reid Street, Wrights Beach NSW 2540
This property is Off Market
- Last sold 9/1/2023 for $890,000. The Average property price in this area is $744,610, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 3.01 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
- 7/11/2024 15 WASSHAVEN CL $1,300,000
- 9/22/2023 5 DEAKIN ST $830,000
- 4/14/2023 18 REID ST $1,900,000
- 12/12/2022 16 REID ST $3,250,000
- 9/3/2021 24 REID ST $2,000,000
About St Georges Basin - Erowal Bay
With an average age of 48, households expect an average monthly mortgage payment of $1,677 or a weekly rent payment of $415. The average family earns a weekly income of $1,875 with a typical household size of 2.2 and a 85.92% employment rate.
In Wrights Beach 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 Wrights Beach 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 Wrights Beach 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. Lower than average industry presence in Wrights Beach 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 Wrights Beach a better buying opportunity than it may have been in the past.
Public Transport
The Husky Ferry Pickup/Dropoff
Bomaderry
General Points of Interest
Lady Denman Heritage Complex
Sussex Inlet Golf Club
Huskisson Sea Pool
Huskisson Bowls Club
Sailors Grave
St Georges Basin Country Club
Hole in the Wall
Cape St George Lighthouse
Vincentia Golf Course
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 2058 asthma sufferers and 1170 people living with diabetes. In addition, 1152 people have a heart/vascular condition and 2517 people live with three or more chronic diseases.A good place to invest in property?
St Georges Basin - Erowal Bay 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
06 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
38 / 100
60 / 100
Jobs
14 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsVincentia HS Vincentia PS
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St Georges Basin Public School
Basin View, NSW, 2540 State K-6 -
Sussex Inlet Public School
Sussex Inlet, NSW, 2540 State K-6 -
Jervis Bay School
Jervis Bay, ACT, 2540 Independent K-6 -
Falls Creek Public School
Falls Creek, NSW, 2540 State K-6 -
Tomerong Public School
Tomerong, NSW, 2540 State K-6
Property Story
11 Reid Street, Wrights Beach, Nsw, 2540 is a residential property with 4 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $610,000. The estimated distance to the sea is 3.01km and 0.49KM 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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