This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $1,780 or a weekly rent payment of $335. The average family earns a weekly income of $1,958 with a typical household size of 2.6 and a 95.6% employment rate.
In Martins Creek 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 Martins Creek 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 Martins Creek 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 Martins Creek 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.
(Country of Birth not stated 10%)
Dungog 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
19 / 100
31 / 100
Industry
08 / 100
22 / 100
Population
11 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
21 / 100
29 / 100
Incidents Trend State Average
Vacy Public School
Vacy, NSW, 2421 State K-6
Hinton Public School
Hinton, NSW, 2321 State K-6
Iona Public School
Woodville, NSW, 2321 State K-6
Paterson Public School
Paterson, NSW, 2421 State K-6
Mount Kanwary Public School
Osterley, NSW, 2324 State K-6
Largs Public School
Largs, NSW, 2320 State K-6
Martins Creek Public School
Martins Creek, NSW, 2420 State K-6
Glen William Public School
Clarence Town, NSW, 2321 State K-6
To see the latest development applications
Join usAlready have an account? Sign in
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.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure