Cherry, 1549 CASTLEREAGH HIGHWAY Blackmans Flat NSW 2790
This property is Off Market
- Last sold 5/26/2022 for $575,000. The Average property price in this area is $644,993, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 107.00 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
- 9/22/2021 1449 CASTLEREAGH HWY $725,000
- 5/15/2018 15 NOON ST $350,000
- 12/19/2017 55 VIEW ST $380,000
- 2/15/2016 1243 CASTLEREAGH $159,500
- 12/19/2014 8 NOON ST $260,000
About Lithgow Region
With an average age of 35, households expect an average monthly mortgage payment of $2,275 or a weekly rent payment of $350. The average family earns a weekly income of $2,360 with a typical household size of 3.2 and a 98.01% employment rate.
In Blackmans Flat 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 Blackmans Flat 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 Blackmans Flat 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 Blackmans Flat 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.
Public Transport
Tarana
General Points of Interest
Portland Golf Course
Jannei Goat Dairy - artisan cheese
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 1151 asthma sufferers and 579 people living with diabetes. In addition, 527 people have a heart/vascular condition and 1137 people live with three or more chronic diseases.A good place to invest in property?
Lithgow Region 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
17 / 100
31 / 100
Industry
08 / 100
22 / 100
Population
11 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWallerawang PS Lithgow HS
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St Patrick's Catholic Primary School
Lithgow, NSW, 2790 Independent K-6 -
St Joseph's Catholic Primary School
Portland, NSW, 2847 Independent K-6 -
Cullen Bullen Public School
Cullen Bullen, NSW, 2790 State K-6 -
Wallerawang Public School
Wallerawang, NSW, 2845 State K-6
Property Story
Cherry, 1549 Castlereagh Highway, Blackmans Flat, Nsw, 2790 is a residential property . The estimated distance to the sea is 107km and 0.31KM 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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