Blue Nobby, 743 HORTON ROAD Cobbadah NSW 2347
This property is Off Market
- Last sold 8/28/2015 for $1,400,000. The Average property price in this area is $398,888, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 244.07 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
- 1/12/2018 258 GULF CREEK RD $1,076,208
- 1/23/2017 867 GLENARTHUR RD $388,611,259
- 3/16/2016 922 GLENARTHUR RD $4,750,000
About Inverell Region - West
With an average age of 44, households expect an average monthly mortgage payment of $1,127 or a weekly rent payment of $165. The average family earns a weekly income of $1,343 with a typical household size of 2.7 and a 98.78% employment rate.
In Cobbadah 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 Cobbadah 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 Cobbadah 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 Cobbadah 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 5%)
Are people healthy?
There are a recorded 775 asthma sufferers and 399 people living with diabetes. In addition, 426 people have a heart/vascular condition and 727 people live with three or more chronic diseases.A good place to invest in property?
Inverell Region - West 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
04 / 100
22 / 100
Population
03 / 100
19 / 100
House Prices
26 / 100
60 / 100
Jobs
14 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBarraba CS
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Gum Flat Public School
Gum Flat, NSW, 2360 State K-6 -
Barraba Central School
Barraba, NSW, 2347 State K-12 -
Bundarra Central School
Bundarra, NSW, 2359 State K-12 -
Bingara Central School
Bingara, NSW, 2404 State K-12 -
St Michael's Catholic Primary School
Manilla, NSW, 2346 Independent K-6 -
Manilla Central School
Manilla, NSW, 2346 State K-12 -
St Joseph's Primary School
Barraba, NSW, 2347 Independent K-6 -
Fairfax Public School
Maules Creek, NSW, 2382 State K-6
Property Story
Blue Nobby, 743 Horton Road, Cobbadah, Nsw, 2347 is a residential property . The estimated distance to the sea is 244.07km and 0.47KM 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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