5 Armstrong Street, Suffolk Park NSW 2481
This property is Off Market
- Last sold 7/5/2024 for $2,350,000. The Average property price in this area is $2,503,161, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.34 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
- 10/24/2024 74 TEAK CCT $1,200,000
- 10/24/2024 183 BROKEN HEAD RD $950,000
- 10/21/2024 3 SALLYWATTLE DR $1,650,000
- 10/21/2024 99 BROKEN HEAD RD $3,355,000
- 10/17/2024 9 HERITAGE CT $1,520,000
About Byron Bay
With an average age of 36, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $628. The average family earns a weekly income of $2,267 with a typical household size of 2.6 and a 96.89% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Suffolk Park 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 Suffolk Park 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 Suffolk Park 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 Suffolk Park 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 Suffolk Park a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Tag Byron Bay
Byron Bay Swimming Pool
Eastern most point of the Australian mainland
The Farm Byron Bay
Julian Rocks Nguthungulli Nature Reserve
Byron Bay Fair
TSS Wollongbar Memorial
Bowls Club
Mercato on Byron
Cape Byron Lighthouse
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1273 asthma sufferers and 452 people living with diabetes. In addition, 404 people have a heart/vascular condition and 914 people live with three or more chronic diseases.A good place to invest in property?
Byron Bay 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
22 / 100
31 / 100
Industry
15 / 100
22 / 100
Population
19 / 100
19 / 100
House Prices
80 / 100
60 / 100
Jobs
23 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsByron Bay PS Byron Bay HS
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Fernleigh Public School
Fernleigh, NSW, 2479 State K-6 -
Byron Bay Public School
Byron Bay, NSW, 2481 State K-6 -
Byron Community Primary School
Byron Bay, NSW, 2481 Independent K-6 -
St Finbarr's Primary School
Byron Bay, NSW, 2481 Independent K-6 -
Newrybar Public School
Newrybar, NSW, 2479 State K-6 -
Bangalow Public School
Bangalow, NSW, 2479 State K-6 -
Cape Byron Rudolf Steiner School
Byron Bay, NSW, 2481 Independent K-12 -
Lennox Head Public School
Lennox Head, NSW, 2478 State K-6
Property Story
5 Armstrong Street, Suffolk Park, Nsw, 2481 is a residential property with 3 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated value of this home is $3,280,000 while properties of this type typically sell for between $1,370,000 and $4,200,000 in this suburb. The estimated distance to the sea is only 0.34km and 0.29KM 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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