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8 Ridge Road,
Coolagolite NSW 2550

This property is Off Market

All about Coolagolite Homes for sale in Coolagolite


  • Last sold 6/12/2014 for $399,000. The Average property price in this area is $761,036, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 6.88 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Bega-Eden Hinterland

With an average age of 53, households expect an average monthly mortgage payment of $1,170 or a weekly rent payment of $305. The average family earns a weekly income of $1,375 with a typical household size of 2.4 and a 100.66% employment rate.

In Coolagolite 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 Coolagolite 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 Coolagolite 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 Coolagolite 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.

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 1249 asthma sufferers and 692 people living with diabetes. In addition, 569 people have a heart/vascular condition and 1205 people live with three or more chronic diseases.

A good place to invest in property?

Bega-Eden Hinterland 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

09 / 100

31 / 100

Industry

08 / 100

22 / 100

Population

09 / 100

19 / 100

House Prices

42 / 100

60 / 100

Jobs

16 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Cobargo PS Bega HS
  • Cobargo Public School

    Cobargo, NSW, 2550 State K-6

  • Tanja Public School

    Tanja, NSW, 2550 State K-6

  • Central Tilba Public School

    Central Tilba, NSW, 2546 State K-6

  • Bermagui Public School

    Bermagui, NSW, 2546 State K-6


Property Story

8 Ridge Road, Coolagolite, Nsw, 2550 is a residential property with 4 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $935,000. The estimated distance to the sea is 6.88km and 0.04KM 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

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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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