Coreel, 87 KOREE ROAD Weemelah NSW 2406
This property is Off Market
- Last sold 12/22/2017 for $8,850,000. The Average property price in this area is $966,658, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 397.25 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
- 12/20/2023 5 BENARBA ST $7,500
- 11/24/2022 429 CURRAGUNDI RD $46,500,000
- 10/24/2022 26 BENARBA ST $140,000
- 7/29/2022 23 CURRAH ST $250,000
- 6/1/2022 29 BENARBA ST $84,000
About Moree Region
With an average age of 36, households expect an average monthly mortgage payment of $2,065 or a weekly rent payment of $300. The average family earns a weekly income of $2,583 with a typical household size of 2.7 and a 100.89% employment rate.
In Weemelah 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 Weemelah 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 Weemelah 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 Weemelah 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 18%)
Are people healthy?
There are a recorded 758 asthma sufferers and 302 people living with diabetes. In addition, 278 people have a heart/vascular condition and 545 people live with three or more chronic diseases.A good place to invest in property?
Moree 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
18 / 100
31 / 100
Industry
03 / 100
22 / 100
Population
05 / 100
19 / 100
House Prices
13 / 100
60 / 100
Jobs
12 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMungindi CS
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Garah Public School
Garah, NSW, 2405 State K-6 -
St Philomena's School
Moree, NSW, 2400 Independent K-10 -
St Joseph's Primary School
Mungindi, NSW, 2406 Independent K-6 -
Mungindi Central School
Mungindi, NSW, 2406 State P-12 -
Boomi Public School
Boomi, NSW, 2405 State K-6 -
Moree Public School
Moree, NSW, 2400 State K-6 -
Talwood State School
North Talwood, QLD, 4496 State Prep-6 -
Bullarah Public School
Bullarah, NSW, 2400 State K-6
Property Story
Coreel, 87 Koree Road, Weemelah, Nsw, 2406 is a residential property . The estimated distance to the sea is 397.25km and at least 1.64KM 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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