298 Drains Lane, Gowrie NSW 2340
This property is Off Market
- Last sold 12/18/2019 for $1,900,000. The Average property price in this area is $787,203, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 179.77 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
- 4/16/2024 2142 GOWRIE RD $870,000
- 2/16/2024 12637 NEW ENGLAND HWY $4,000,000
- 5/17/2023 1070 HEATH RD $2,250,000
- 2/25/2022 15 DRAINS LANE $900,000
- 12/6/2021 2052 GOWRIE RD $915,000
About Tamworth Region
With an average age of 45, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $266. The average family earns a weekly income of $2,187 with a typical household size of 2.7 and a 98.12% employment rate.
In Gowrie 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 Gowrie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Gowrie classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Gowrie 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 Gowrie 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 Gowrie a better buying opportunity than it may have been in the past.
Public Transport
Lochinvar
General Points of Interest
Singleton Golf Club
Big Sundial
Singleton Square
Singleton Gym and Swim Pool
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 2560 asthma sufferers and 1090 people living with diabetes. In addition, 1221 people have a heart/vascular condition and 2396 people live with three or more chronic diseases.A good place to invest in property?
Tamworth 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
17 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
21 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPeel HS Currabubula PS
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Duri Public School
Duri, NSW, 2344 State K-6 -
Currabubula Public School
Currabubula, NSW, 2342 State K-6 -
Wallabadah Public School
Wallabadah, NSW, 2343 State K-6 -
St Joseph's Primary School
Quirindi, NSW, 2343 Independent K-6 -
Quirindi High School
Quirindi, NSW, 2343 State 7-12 -
Werris Creek Public School
Werris Creek, NSW, 2341 State K-6 -
Quirindi Public School
Quirindi, NSW, 2343 State K-6 -
Timbumburi Public School
Timbumburi, NSW, 2340 State K-6
Property Story
298 Drains Lane, Gowrie, Nsw, 2340 is a residential property with bedrooms, bathrooms and Parking spaces. The estimated distance to the sea is 179.77km and 0.06KM 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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