414 Stringer Road, Merungle Hill NSW 2705
This property is Off Market
- Last sold 5/22/2019 for $230,000. The Average property price in this area is $1,639,029, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 364.15 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
- 10/4/2024 312 STRINGER RD $590,000
- 7/4/2024 409 STRINGER RD $510,000
- 4/18/2024 3 QUALITARY RD $415,000
- 1/25/2024 289 MERUNGLE HILL RD $700,000
- 3/1/2023 249 MERUNGLE HILL RD $725,000
About Leeton
With an average age of 42, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $241. The average family earns a weekly income of $1,892 with a typical household size of 2.7 and a 96.4% employment rate.
In Merungle Hill 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 Merungle Hill 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. Low average earnings from people in Merungle Hill leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Merungle Hill 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
Narrandera
General Points of Interest
Leeton Market Plaza
Leeton Indoor Studium
Leeton TAFE
Leeton Golf Course
Yanco Agricultural Institute
War Memoial
Leeton Regional Aquatic Centre
Leeton Centrepoint Shopping Mall
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1303 asthma sufferers and 659 people living with diabetes. In addition, 555 people have a heart/vascular condition and 1113 people live with three or more chronic diseases.A good place to invest in property?
Leeton 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
07 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
34 / 100
60 / 100
Jobs
11 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLeeton HS Yanco PS
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Leeton High School
Leeton, NSW, 2705 State 7-12 -
Gralee School
Leeton, NSW, 2705 State U -
Leeton Public School
Leeton, NSW, 2705 State K-6 -
St Joseph's Primary School
Leeton, NSW, 2705 Independent K-6
Property Story
414 Stringer Road, Merungle Hill, Nsw, 2705 is a residential property . The estimated distance to the sea is 364.15km and at least 5.35KM 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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