315 Riverbank Road, Lower Southgate NSW 2460
This property is Off Market
- Last sold 9/30/2022 for $2,000,000. The Average property price in this area is $686,439, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 22.92 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 8/30/2024 2019 LAWRENCE RD $870,000
- 4/10/2024 109 WEIR RD $875,000
- 1/31/2024 2001 LAWRENCE RD $1,350,000
- 1/8/2024 495 RIVERBANK RD $700,000
- 8/11/2022 2413 LAWRENCE RD $1,677,500
About Grafton Region
With an average age of 50, households expect an average monthly mortgage payment of $1,642 or a weekly rent payment of $315. The average family earns a weekly income of $1,708 with a typical household size of 2.5 and a 96.47% employment rate.
In Lower Southgate 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 Lower Southgate 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 Lower Southgate 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 Lower Southgate 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 Lower Southgate 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 Lower Southgate a better buying opportunity than it may have been in the past.
Public Transport
Grafton City
Iluka Wharf
General Points of Interest
Cowper Memorial Garden
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 2080 asthma sufferers and 1325 people living with diabetes. In addition, 1056 people have a heart/vascular condition and 2583 people live with three or more chronic diseases.A good place to invest in property?
Grafton 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
08 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
44 / 100
60 / 100
Jobs
21 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsLawrence PS Maclean HS
Property Story
315 Riverbank Road, Lower Southgate, Nsw, 2460 is a residential property . The estimated distance to the sea is 22.92km and at least 2.39KM 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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