6 Cape Street, Milbrulong NSW 2656
This property is Off Market
- Last sold 6/20/2022 for $34,500. The Average property price in this area is $791,171, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 306.97 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
- 9/23/2024 7 CAPE ST $530,000
- 4/19/2024 18 ROBERTS ST $60,000
- 11/28/2023 11 CAPE ST $60,000
- 10/16/2023 447 WETMORES LANE $1,680,000
- 8/4/2023 19 CAPE ST $59,000
About Wagga Wagga Region
With an average age of 47, households expect an average monthly mortgage payment of $800 or a weekly rent payment of $165. The average family earns a weekly income of $1,812 with a typical household size of 2.8 and a 98.1% employment rate.
In Milbrulong 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 Milbrulong 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. A mix of professions and above average income earners in Milbrulong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Milbrulong 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 Milbrulong a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1925 asthma sufferers and 714 people living with diabetes. In addition, 865 people have a heart/vascular condition and 1279 people live with three or more chronic diseases.A good place to invest in property?
Wagga Wagga 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
14 / 100
22 / 100
Population
13 / 100
19 / 100
House Prices
39 / 100
60 / 100
Jobs
34 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLockhart CS
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The Rock Central School
The Rock, NSW, 2655 State K-12 -
Pleasant Hills Public School
Pleasant Hills, NSW, 2658 State K-6 -
Yerong Creek Public School
Yerong Creek, NSW, 2642 State K-6 -
Lockhart Central School
Lockhart, NSW, 2656 State K-12 -
St Joseph's Primary School
Lockhart, NSW, 2656 Independent K-6 -
Boree Creek Public School
Boree Creek, NSW, 2652 State K-6
Property Story
6 Cape Street, Milbrulong, Nsw, 2656 is a residential property . The estimated distance to the sea is 306.97km and at least 18.44KM 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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