This property is Off Market
With an average age of 44, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $538. The average family earns a weekly income of $2,457 with a typical household size of 2.6 and a 95.58% 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. Incomes in Wamberal are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Wamberal 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 Wamberal 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 Wamberal a better buying opportunity than it may have been in the past.
(Country of Birth not stated 1%)
Wamberal - Forresters Beach 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
45 / 100
31 / 100
Industry
16 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
74 / 100
60 / 100
Jobs
27 / 100
29 / 100
Incidents Trend State Average
Bateau Bay Public School
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Tuggerah Lakes Secondary College Tumbi Umbi Campus
Tumbi Umbi, NSW, 2261 State 7-10
Terrigal Public School
Terrigal, NSW, 2260 State K-6
Erina Heights Public School
Erina Heights, NSW, 2260 State K-6
Terrigal High School
Terrigal, NSW, 2260 State 7-12
Aspect Central Coast School
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Our Lady Star of The Sea Catholic Primary School
Terrigal, NSW, 2260 Independent K-6
Wamberal Public School
Wamberal, NSW, 2260 State K-6
Holgate Public School
Holgate, NSW, 2250 State K-6
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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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