2 Drummond Street, Spring Hill NSW 2500
This property is Off Market
- Last sold 10/20/2017 for $4,550,000. The Average property price in this area is $3,994,562, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.83 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
- 9/29/2023 5 EDNEY LANE $14,319,508
- 5/25/2016 12 FIVE ISLANDS RD $660,000
- 1/21/2016 2 EDNEY LANE $170,000
About
With an average age of 58, households expect an average monthly mortgage payment of N/A or a weekly rent payment of N/A. The average family earns a weekly income of N/A with a typical household size of N/A and a 80.0% employment rate.
In Spring Hill 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. 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 Spring Hill due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Spring Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Spring Hill 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 Spring Hill a better buying opportunity than it may have been in the past.
Public Transport
Blayney
General Points of Interest
Huntley Berry Farm
Population
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Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsFigtree HS
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Coniston Public School
Coniston, NSW, 2500 State K-6 -
St Therese Catholic Primary School
West Wollongong, NSW, 2500 Independent K-6 -
Mount St Thomas Public School
Wollongong, NSW, 2500 State K-6 -
Lindsay Park Public School
Wollongong, NSW, 2500 State K-6
Property Story
2 Drummond Street, Spring Hill, Nsw, 2500 is a residential property . The estimated distance to the sea is only 1.83km and 0.26KM 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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