540 Grove Road, Lake George NSW 2581
This property is Off Market
- Last sold 12/23/2016 for $700,000. The Average property price in this area is $1,183,117, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 94.96 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
- 12/12/2023 173 THE VINEYARDS ROAD $4,150,000
- 8/24/2023 723 LAKE RD $1,415,000
- 4/3/2023 242 DOUST RD $1,466,000
- 11/25/2022 254 HADLOW DR $850,000
- 4/22/2022 558 HADLOW DR $1,300,000
About Queanbeyan Region
With an average age of 43, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $350. The average family earns a weekly income of $3,399 with a typical household size of 2.8 and a 102.6% 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. High average incomes in Lake George ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lake George classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Lake George necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
EPIC and Racecourse
Gungahlin Place
Mapleton Avenue
Manning Clark North
Nullarbor Avenue
Phillip Avenue
Swinden Street
Well Station Drive
Sandford Street
Bungendore
General Points of Interest
Bywong Town Historic Goldmine
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1589 asthma sufferers and 613 people living with diabetes. In addition, 770 people have a heart/vascular condition and 1257 people live with three or more chronic diseases.A good place to invest in property?
Queanbeyan 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
60 / 100
31 / 100
Industry
31 / 100
22 / 100
Population
31 / 100
19 / 100
House Prices
77 / 100
60 / 100
Jobs
49 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSutton PS Queanbeyan HS
-
Bungendore Public School
Bungendore, NSW, 2621 State K-6
Property Story
540 Grove Road, Lake George, Nsw, 2581 is a residential property . The estimated distance to the sea is 94.96km and 0.62KM 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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