1632 Rankins Springs Road, Myall Park NSW 2681
This property is Off Market
- Last sold 10/19/2015 for $285,000. The Average property price in this area is $1,307,022, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 408.39 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
- 9/23/2024 209 MCPHERSON RD $1,020,000
- 2/2/2024 1628 QUARRY RD $2,031,326
- 11/20/2023 172 MCPHERSON RD $1,100,000
- 11/20/2023 1632 QUARRY RD $2,596,800
- 8/14/2023 426 SIMPSON LANE $371,333
About Griffith Region
With an average age of 47, households expect an average monthly mortgage payment of $2,022 or a weekly rent payment of $241. The average family earns a weekly income of $2,333 with a typical household size of 3.1 and a 94.41% employment rate.
In Myall Park 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 Myall Park 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. The slightly lower than average earnings from occupations in Myall 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 Myall 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.
Public Transport
Griffith
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 1739 asthma sufferers and 811 people living with diabetes. In addition, 693 people have a heart/vascular condition and 1214 people live with three or more chronic diseases.A good place to invest in property?
Griffith 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
19 / 100
31 / 100
Industry
09 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
26 / 100
60 / 100
Jobs
18 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBeelbangera PS
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Yenda Public School
Yenda, NSW, 2681 State K-6 -
Beelbangera Public School
Beelbangera, NSW, 2680 State K-6 -
Western Riverina Community School
Griffith, NSW, 2680 Independent 9-11 -
Lake Wyangan Public School
Lake Wyangan, NSW, 2680 State K-6 -
Griffith East Public School
Griffith, NSW, 2680 State K-6
Property Story
1632 Rankins Springs Road, Myall Park, Nsw, 2681 is a residential property . The estimated distance to the sea is 408.39km and at least 8.82KM 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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