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13 Coffey Drive,
Binalong Bay TAS 7216

This property is Off Market

All about Binalong Bay Homes for sale in Binalong Bay


  • The Average property price in this area is $331,963, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.29 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Property For Sale Nearby

Recently Sold Properties in this Area

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About St Helens - Scamander

With an average age of 60, households expect an average monthly mortgage payment of $1,250 or a weekly rent payment of $280. The average family earns a weekly income of $1,233 with a typical household size of 2 and a 90.18% employment rate.

In Binalong Bay 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 Binalong Bay 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 Binalong Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Binalong Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 996 asthma sufferers and 678 people living with diabetes. In addition, 444 people have a heart/vascular condition and 1027 people live with three or more chronic diseases.

A good place to invest in property?

St Helens - Scamander 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

Tasmania State average 45 / 100

Income

08 / 100

41 / 100

Industry

28 / 100

40 / 100

Population

42 / 100

40 / 100

House Prices

44 / 100

65 / 100

Jobs

28 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • St Helens District High School

    St Helens, TAS, 7216 State K-12


Property Story

13 Coffey Drive, Binalong Bay, Tas, 7216 is a residential property with 4 bedrooms, 2 bathrooms and 4 Parking spaces. The estimated value of this home is $895,000 while properties of this type typically sell for between $920,000 and $1,350,000 in this suburb. The estimated distance to the sea is only 0.29km and 0.1KM 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

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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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