3231 Princes Highway, Millingandi NSW 2549
This property is Off Market
- Last sold 10/12/2023 for $870,000. The Average property price in this area is $792,903, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 1.31 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
- 7/26/2024 75 MILLINGANDI SHORT CUT RD $1,250,000
- 7/26/2024 2 OCHRE LANE $1,135,000
- 5/21/2024 58 STRINGYBARK PL $1,150,000
- 4/17/2024 15 BOGGY CREEK RD $805,000
- 2/1/2024 14 OAKLEAF PL $1,060,000
About Merimbula - Tura Beach
With an average age of 61, households expect an average monthly mortgage payment of $1,257 or a weekly rent payment of $300. The average family earns a weekly income of $1,357 with a typical household size of 2 and a 94.96% employment rate.
In Millingandi 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 Millingandi 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 Millingandi 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. 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 Millingandi 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 Millingandi a better buying opportunity than it may have been in the past.
General Points of Interest
Pambula Beach Sports Complex
Tura Beach Country Club
Pambula Merimbula Country Club
The Plaza
Pambula Beach S
Snorkelling
Club Sapphire
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1646 asthma sufferers and 745 people living with diabetes. In addition, 797 people have a heart/vascular condition and 1587 people live with three or more chronic diseases.A good place to invest in property?
Merimbula - Tura Beach 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
11 / 100
22 / 100
Population
10 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
17 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPambula PS Eden Marine HS
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Pambula Public School
Pambula, NSW, 2549 State K-6 -
Merimbula Public School
Merimbula, NSW, 2548 State K-6 -
Lumen Christi Catholic College
Pambula Beach, NSW, 2549 Independent K-12 -
Wolumla Public School
Wolumla, NSW, 2550 State K-6 -
Bournda Environmental Education Centre
Kalaru, NSW, 2550 State
Property Story
3231 Princes Highway, Millingandi, Nsw, 2549 is a residential property . The estimated distance to the sea is only 1.31km and 0.09KM 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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