2 Grenfell Street, Bimbi NSW 2810
This property is Off Market
- Last sold 3/3/2021 for $100,000. The Average property price in this area is $382,006, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 271.71 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
- 11/10/2023 433 BIMBI THUDDUNGRA RD $1,360,000
- 10/24/2023 43 YOUNG ST $25,000
- 12/12/2019 42 CALDWELL ST $105,000
- 3/22/2019 14 NOWLAN ST $1,600
- 3/22/2019 13 BLAND ST $2,100
About Grenfell
With an average age of 48, households expect an average monthly mortgage payment of $450 or a weekly rent payment of $155. The average family earns a weekly income of $1,458 with a typical household size of 2.4 and a 94.29% employment rate.
In Bimbi 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 Bimbi 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. Low average earnings from people in Bimbi leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Bimbi 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.
General Points of Interest
Ben Hall's Cave
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 571 asthma sufferers and 302 people living with diabetes. In addition, 296 people have a heart/vascular condition and 518 people live with three or more chronic diseases.A good place to invest in property?
Grenfell 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
09 / 100
31 / 100
Industry
02 / 100
22 / 100
Population
04 / 100
19 / 100
House Prices
23 / 100
60 / 100
Jobs
13 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsThe Henry Lawson HS Quandialla PS
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The Henry Lawson High School
Grenfell, NSW, 2810 State 7-12 -
Bribbaree Public School
Bribbaree, NSW, 2594 State K-6 -
Maimuru Public School
Maimuru, NSW, 2594 State K-6 -
Greenethorpe Public School
Greenethorpe, NSW, 2809 State K-6 -
Monteagle Public School
Monteagle, NSW, 2594 State K-6 -
Caragabal Public School
Caragabal, NSW, 2810 State K-6 -
St Joseph's Primary School
Grenfell, NSW, 2810 Independent K-6 -
Grenfell Public School
Grenfell, NSW, 2810 State K-6 -
Quandialla Public School
Quandialla, NSW, 2721 State K-6
Property Story
2 Grenfell Street, Bimbi, Nsw, 2810 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated distance to the sea is 271.71km and at least 5.58KM 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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