267 Mororo Road, Mororo NSW 2469
This property is Off Market
- Last sold 10/28/2020 for $660,000. The Average property price in this area is $867,295, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 12.40 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
- 2/15/2024 121 LEWIS LANE $1,320,000
- 10/28/2022 291 MORORO RD $600,000
- 7/25/2022 61 LEWIS LANE $1,960,000
- 11/13/2020 242 MORORO RD $630,000
- 10/30/2020 325 LEWIS LANE $800,000
About Maclean - Yamba - Iluka
With an average age of 50, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $285. The average family earns a weekly income of $1,666 with a typical household size of 2.5 and a 94.96% employment rate.
In Mororo 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 Mororo 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 Mororo 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. Lower than average population density constrains growth in Mororo 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 Mororo 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 Mororo a better buying opportunity than it may have been in the past.
Public Transport
Iluka Wharf
Population
(Country of Birth not stated 14%)
Are people healthy?
There are a recorded 2231 asthma sufferers and 1478 people living with diabetes. In addition, 1316 people have a heart/vascular condition and 3074 people live with three or more chronic diseases.A good place to invest in property?
Maclean - Yamba - Iluka 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
06 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
16 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
18 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsChatsworth IPS Maclean HS
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Palmers Island Public School
Palmers Island, NSW, 2463 State K-6 -
Harwood Island Public School
Harwood, NSW, 2465 State K-6 -
Maclean Public School
Maclean, NSW, 2463 State K-6 -
Chatsworth Island Public School
Chatsworth, NSW, 2469 State K-6 -
Maclean High School
Maclean, NSW, 2463 State 7-12 -
Pacific Valley Christian School
Townsend, NSW, 2463 Independent K-12 -
St James' Primary School
Yamba, NSW, 2464 Independent K-6 -
St Joseph's Primary School
Maclean, NSW, 2463 Independent K-6 -
Valley Hope School
Townsend, NSW, 2463 Independent U
Property Story
267 Mororo Road, Mororo, Nsw, 2469 is a residential property with 4 bedrooms, 2 bathrooms and 5 Parking spaces. The estimated value of this home is $925,000 while properties of this type typically sell for between $1,675,000 and $1,960,000 in this suburb. The estimated distance to the sea is 12.4km and 0.18KM 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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