Drungalear,
1256 DRUNGALEAR ROAD Tenandra NSW 2824

About Coonamble

With an average age of 33, households expect an average monthly mortgage payment of $1,155 or a weekly rent payment of $260. The average family earns a weekly income of $2,200 with a typical household size of 3.3 and a 96.88% employment rate.

In Tenandra 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 Tenandra 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 Tenandra 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 Tenandra 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.

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(Country of Birth not stated 2%)

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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