551 Forest Reefs Road, Forest Reefs NSW 2798
This property is Off Market
- Last sold 8/2/2019 for $380,000. The Average property price in this area is $664,050, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 191.52 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
- 6/14/2024 1007 FOREST REEFS RD $600,000
- 4/11/2024 283 WATTERSONS LANE $1,200,000
- 3/4/2024 78 WATTERSONS LANE $920,000
- 2/22/2024 27 DOG TRAP LANE $1,200,000
- 11/1/2023 11 HILLSIDE LANE $1,300,000
About Blayney
With an average age of 43, households expect an average monthly mortgage payment of $2,174 or a weekly rent payment of $325. The average family earns a weekly income of $2,750 with a typical household size of 2.9 and a 96.35% employment rate.
In Forest Reefs 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 Forest Reefs 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 Forest Reefs 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 Forest Reefs 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
Blayney
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 970 asthma sufferers and 343 people living with diabetes. In addition, 438 people have a heart/vascular condition and 822 people live with three or more chronic diseases.A good place to invest in property?
Blayney 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
24 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
07 / 100
19 / 100
House Prices
45 / 100
60 / 100
Jobs
17 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBlayney HS Millthorpe PS
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Blayney High School
Blayney, NSW, 2799 State 7-12 -
St Joseph's Catholic Primary School
Blayney, NSW, 2799 Independent K-6 -
Spring Hill Public School
Spring Hill, NSW, 2800 State K-6 -
Spring Terrace Public School
Spring Terrace, NSW, 2798 State K-6 -
James Sheahan Catholic High School
Orange, NSW, 2800 Independent 7-12 -
Millthorpe Public School
Millthorpe, NSW, 2798 State K-6 -
Carcoar Public School
Carcoar, NSW, 2791 State K-6 -
Glenroi Heights Public School
Orange, NSW, 2800 State K-6
Property Story
551 Forest Reefs Road, Forest Reefs, Nsw, 2798 is a residential property . The estimated distance to the sea is 191.52km and at least 7.43KM 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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