This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $2,450 or a weekly rent payment of $410. The average family earns a weekly income of $2,405 with a typical household size of 3.2 and a 96.46% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Horsley Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Horsley Park 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 Horsley Park 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 9%)
Horsley Park - Kemps Creek 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
40 / 100
31 / 100
Industry
05 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
77 / 100
60 / 100
Jobs
16 / 100
29 / 100
Incidents Trend State Average
Irfan College
Cecil Park, NSW, 2178 Independent K-11
Marion Catholic Primary School
Horsley Park, NSW, 2164 Independent K-6
Trinity Catholic Primary School
Kemps Creek, NSW, 2759 Independent K-6
Bossley Park Public School
Bossley Park, NSW, 2176 State K-6
James Erskine Public School
Erskine Park, NSW, 2759 State K-6
Emmaus Catholic College
Kemps Creek, NSW, 2178 Independent 7-12
Horsley Park Public School
Horsley Park, NSW, 2175 State K-6
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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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