1049 Bungendore Spur Road, Watsons Creek NSW 2355
This property is Off Market
- Last sold 2/15/2017 for $1,280,000. The Average property price in this area is $787,203, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 192.43 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
- 4/30/2024 8 DEN MOUNTAIN RD $375,000
- 6/27/2022 17 WATSONS CREEK-TILMUNDA RD $30,000
- 6/14/2022 476 ROSENEATH RD $130,000
- 5/20/2022 471 WATSONS CREEK-TILMUNDA RD $1,250,000
- 1/13/2022 2202 WATSONS CREEK RD $585,000
About Tamworth Region
With an average age of 48, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $200. The average family earns a weekly income of $1,481 with a typical household size of 2.3 and a 95.93% employment rate.
In Watsons Creek 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 Watsons Creek 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. A mix of professions and above average income earners in Watsons Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Watsons Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Watsons Creek 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 Watsons Creek a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 2560 asthma sufferers and 1090 people living with diabetes. In addition, 1221 people have a heart/vascular condition and 2396 people live with three or more chronic diseases.A good place to invest in property?
Tamworth 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
17 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
21 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsOxley HS Bendemeer PS
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Kootingal Public School
Kootingal, NSW, 2352 State K-6 -
Attunga Public School
Attunga, NSW, 2345 State K-6 -
Bendemeer Public School
Bendemeer, NSW, 2355 State K-6 -
Manilla Central School
Manilla, NSW, 2346 State K-12 -
Calrossy Anglican School
Tamworth, NSW, 2340 Independent K-12
Property Story
1049 Bungendore Spur Road, Watsons Creek, Nsw, 2355 is a residential property . The estimated distance to the sea is 192.43km and 0.24KM 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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