516 Bannister Lane, Gurrundah NSW 2581
This property is Off Market
- Last sold 10/23/2020 for $2,500,000. The Average property price in this area is $1,722,710, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 122.31 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
- 5/8/2024 1638 GURRUNDAH RD $4,350,000
- 9/1/2023 3404 GURRUNDAH RD $650,000
- 6/30/2023 2475 GURRUNDAH RD $880,000
- 12/12/2022 625 MULLINS CREEK RD $450,000
- 5/26/2022 2091 GURRUNDAH RD $2,140,000
About Goulburn Region
With an average age of 43, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $277. The average family earns a weekly income of $2,308 with a typical household size of 2.8 and a 97.58% employment rate.
In Gurrundah 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 Gurrundah 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 Gurrundah 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 Gurrundah 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 Gurrundah 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 Gurrundah a better buying opportunity than it may have been in the past.
Public Transport
Goulburn
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 1416 asthma sufferers and 811 people living with diabetes. In addition, 990 people have a heart/vascular condition and 1396 people live with three or more chronic diseases.A good place to invest in property?
Goulburn 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
20 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
26 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCrookwell PS Crookwell HS
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Crookwell Public School
Crookwell, NSW, 2583 State K-6 -
Gunning Public School
Gunning, NSW, 2581 State K-6 -
Binda Public School
Binda, NSW, 2583 State K-6 -
Breadalbane Public School
Breadalbane, NSW, 2581 State K-6 -
Crookwell High School
Crookwell, NSW, 2583 State 7-12 -
St Mary's Primary School
Crookwell, NSW, 2583 Independent K-6 -
Dalton Public School
Dalton, NSW, 2581 State K-6 -
Laggan Public School
Laggan, NSW, 2583 State K-6
Property Story
516 Bannister Lane, Gurrundah, Nsw, 2581 is a residential property . The estimated distance to the sea is 122.31km and at least 1.12KM 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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