50 Hicks Road, Spring Grove NSW 2470
This property is Off Market
- Last sold 12/16/2022 for $3,700,000. The Average property price in this area is $3,511,866, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 36.16 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/2/2024 55 VERULAM VIEW $1,150,000
- 9/5/2024 2 TULLAROOK GR $870,000
- 7/1/2024 3 TULLAROOK GR $800,000
- 6/26/2024 400 NAUGHTONS GAP RD $1,100,000
- 4/3/2024 27 TAREEDA CT $910,000
About Lismore Region
With an average age of 52, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $350. The average family earns a weekly income of $1,875 with a typical household size of 2.6 and a 97.37% employment rate.
In Spring Grove 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 Spring Grove 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 Spring Grove 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 Spring Grove 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
Casino
Burns Point Ferry
General Points of Interest
Queen Elizabeth Park
Queen Elizabeth Park
Queen Elizabeth Park
Queen Elizabeth Park
Queen Elizabeth Park
Casino & District Hospital War Memorial
Mafeking Lamp
Casino War Memorial
Casino Memorial Olympic Pool
Jabiru Geneebeinga Bicentennial Wetlands
Population
(Country of Birth not stated 14%)
Are people healthy?
There are a recorded 1799 asthma sufferers and 871 people living with diabetes. In addition, 789 people have a heart/vascular condition and 1537 people live with three or more chronic diseases.A good place to invest in property?
Lismore 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
16 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
28 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
26 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsCaniaba PS TRSC Lismore
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Blakebrook Public School
Blakebrook, NSW, 2480 State K-6 -
Our Lady Help of Christians Primary School
Lismore South, NSW, 2480 Independent K-6 -
Casino Christian School
North Casino, NSW, 2470 Independent K-12 -
Lismore South Public School
South Lismore, NSW, 2480 State P-6 -
Albert Park Public School
East Lismore, NSW, 2480 State K-6 -
The Rivers Secondary College, Richmond River High Campus
North Lismore, NSW, 2480 State 7-12 -
Trinity Catholic College Lismore
Lismore, NSW, 2480 Independent 7-12 -
St Carthage's Primary School
Lismore, NSW, 2480 Independent K-6
Property Story
50 Hicks Road, Spring Grove, Nsw, 2470 is a residential property . The estimated distance to the sea is 36.16km 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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