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355 Mill Lane,
Quorrobolong NSW 2325

This property is Off Market

All about Quorrobolong Homes for sale in Quorrobolong


  • Last sold 5/10/2021 for $2,190,000. The Average property price in this area is $981,945, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 25.71 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Cessnock Region

With an average age of 47, households expect an average monthly mortgage payment of $2,327 or a weekly rent payment of $400. The average family earns a weekly income of $2,187 with a typical household size of 2.9 and a 96.93% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Quorrobolong 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 Quorrobolong 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. With very low industrial sector presence in Quorrobolong 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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 978 asthma sufferers and 420 people living with diabetes. In addition, 532 people have a heart/vascular condition and 1034 people live with three or more chronic diseases.

A good place to invest in property?

Cessnock 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

28 / 100

31 / 100

Industry

09 / 100

22 / 100

Population

12 / 100

19 / 100

House Prices

57 / 100

60 / 100

Jobs

20 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Kitchener PS Cessnock HS
  • Kearsley Public School

    Kearsley, NSW, 2325 State K-6

  • Cessnock Public School

    Cessnock, NSW, 2325 State K-6

  • Avondale School

    Cooranbong, NSW, 2265 Independent K-12

  • Congewai Public School

    Congewai, NSW, 2325 State K-6

  • Mulbring Public School

    Mulbring, NSW, 2323 State K-6

  • Ellalong Public School

    Ellalong, NSW, 2325 State K-6


Property Story

355 Mill Lane, Quorrobolong, Nsw, 2325 is a residential property . The estimated distance to the sea is 25.71km and 0.07KM 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

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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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