8 Cedar Street, Walgett NSW 2832
This property is Off Market
- Last sold 8/22/2024 for $210,000. The Average property price in this area is $235,466, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 466.62 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
- 10/17/2024 42417 KAMILAROI HWY $1,000,000
- 10/1/2024 1272 TUNGRA RD $7,869,810
- 9/27/2024 56 PITT ST $50,000
- 9/11/2024 82 FOX ST $371,800
- 9/10/2024 20 EUROKA ST $400,000
About Walgett - Lightning Ridge
With an average age of 34, households expect an average monthly mortgage payment of $867 or a weekly rent payment of $190. The average family earns a weekly income of $1,625 with a typical household size of 2.1 and a 85.0% employment rate.
In Walgett 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 Walgett 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. Low average earnings from people in Walgett leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Walgett 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.
Population
(Country of Birth not stated 57%)
Are people healthy?
A good place to invest in property?
Walgett - Lightning Ridge 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
04 / 100
31 / 100
Industry
04 / 100
22 / 100
Population
04 / 100
19 / 100
House Prices
10 / 100
60 / 100
Jobs
12 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWalgett CCHS Walgett CCPS
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Lightning Ridge Central School
Lightning Ridge, NSW, 2834 State K-12 -
Walgett Community College - High School
Walgett, NSW, 2832 State 7-12 -
St Joseph's Primary School
Walgett, NSW, 2832 Independent K-6 -
Collarenebri Central School
Collarenebri, NSW, 2833 State K-12 -
Rowena Public School
Rowena, NSW, 2387 State K-6 -
Pilliga Public School
Pilliga, NSW, 2388 State K-6 -
Burren Junction Public School
Burren Junction, NSW, 2386 State K-6 -
Carinda Public School
Carinda, NSW, 2831 State K-6 -
Walgett Community College - Primary School
Walgett, NSW, 2832 State P-6
Property Story
8 Cedar Street, Walgett, Nsw, 2832 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated distance to the sea is 466.62km and 0.58KM 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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