This property is Off Market
With an average age of 35, households expect an average monthly mortgage payment of $2,032 or a weekly rent payment of $430. The average family earns a weekly income of $2,184 with a typical household size of 2.7 and a 94.12% 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 Werrington Downs 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. A mix of professions and above average income earners in Werrington Downs provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Werrington Downs 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 Werrington Downs 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 Werrington Downs a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Cambridge Park 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
19 / 100
22 / 100
Population
21 / 100
19 / 100
House Prices
63 / 100
60 / 100
Jobs
30 / 100
29 / 100
Incidents Trend State Average
St Dominic's College
Kingswood, NSW, 2747 Independent 7-12
Cambridge Park Public School
Cambridge Park, NSW, 2747 State P-6
St Joseph's Primary School
Kingswood, NSW, 2747 Independent K-6
Werrington Public School
Werrington, NSW, 2747 State K-6
Werrington County Public School
Werrington, NSW, 2747 State K-6
Cambridge Gardens Public School
Cambridge Park, NSW, 2747 State K-6
Putland School
Werrington, NSW, 2747 State U
Kingswood Park Public School
Penrith, NSW, 2750 State P-6
Kingswood Public School
Kingswood, NSW, 2747 State K-6
Cambridge Park High School
Cambridge Park, NSW, 2747 State 7-12
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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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