8 Russell Street, Gormans Hill NSW 2795
This property is Off Market
- Last sold 6/2/2020 for $420,000. The Average property price in this area is $639,424, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 149.90 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
- 10/21/2024 42 LYAL ST $788,000
- 7/1/2024 51 UPFOLD ST $1,600,000
- 6/20/2024 36 FISH PDE $455,000
- 4/22/2024 22 GORMANS HILL RD $500,000
- 4/3/2024 47 UPFOLD ST $8,835,000
About Bathurst
With an average age of 41, households expect an average monthly mortgage payment of $1,538 or a weekly rent payment of $260. The average family earns a weekly income of $1,625 with a typical household size of 2.1 and a 95.17% employment rate.
In Gormans Hill 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 Gormans Hill 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 Gormans Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Gormans Hill to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Tarana
General Points of Interest
Kennerson Park
National Motor Racing Museum
Bathurst Bulldogs
Bathurst PCYC
Paddy's Hotel
Paddy's Hotel
Bathurst Bicycle Park
Dedicated To Fitness
Bathurst Indoor Sports Stadium
Chifley Steam Engine
Charles Sturt University Mitchell
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 3971 asthma sufferers and 1005 people living with diabetes. In addition, 1149 people have a heart/vascular condition and 2631 people live with three or more chronic diseases.A good place to invest in property?
Bathurst 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
22 / 100
31 / 100
Industry
29 / 100
22 / 100
Population
22 / 100
19 / 100
House Prices
46 / 100
60 / 100
Jobs
30 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDenison Kelso Bathurst SPS
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Skillset Senior College
Mitchell, NSW, 2795 Independent 10-12 -
St Stanislaus' College
Bathurst, NSW, 2795 Independent 7-12 -
Cathedral Catholic Primary School
Bathurst, NSW, 2795 Independent K-6 -
Kelso Public School
Kelso, NSW, 2795 State K-6 -
Bathurst South Public School
Bathurst, NSW, 2795 State K-6 -
MacKillop College
Bathurst, NSW, 2795 Independent 7-12 -
Scots All Saints College
Bathurst, NSW, 2795 Independent K-12 -
Carenne School
Bathurst, NSW, 2795 State U -
St Philomena's Catholic Primary School
South Bathurst, NSW, 2795 Independent K-6 -
Bathurst Public School
Bathurst, NSW, 2795 State K-6
Property Story
8 Russell Street, Gormans Hill, Nsw, 2795 is a residential property with 3 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated distance to the sea is 149.9km and at least 10.27KM 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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