Grassmere, 179 EAST Burra CREEK ROAD Burra NSW 2653
This property is Off Market
- Last sold 4/8/2019 for $2,200,000. The Average property price in this area is $605,590, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 187.77 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
- 5/30/2024 1535 TOOMA RD $575,000
- 11/15/2019 110 TUMBARUMBA CREEK RD $3,800,000
- 5/1/2015 31 PADDYS RIVER FALLS RD $480,000
- 11/17/2014 971 TOOMA RD $450,000
- 12/12/2013 1408 TOOMA RD $200,000
About Tumbarumba
With an average age of 55, households expect an average monthly mortgage payment of $1,213 or a weekly rent payment of $170. The average family earns a weekly income of $1,833 with a typical household size of 2.2 and a 95.21% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Burra ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Burra classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Burra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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
EPIC and Racecourse
Macarthur Avenue
Ipima Street
Alinga Street
Phillip Avenue
Dickson Interchange
Swinden Street
Elouera Street
Sandford Street
Canberra
General Points of Interest
London Bridge Arch
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 414 asthma sufferers and 204 people living with diabetes. In addition, 227 people have a heart/vascular condition and 339 people live with three or more chronic diseases.A good place to invest in property?
Tumbarumba 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
12 / 100
31 / 100
Industry
02 / 100
22 / 100
Population
05 / 100
19 / 100
House Prices
30 / 100
60 / 100
Jobs
10 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsTumbarumba PS Tumbarumba HS
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Rosewood Public School
Rosewood, NSW, 2652 State K-6 -
Batlow Technology School
Batlow, NSW, 2730 State K-12 -
Corryong College
Corryong, VIC, 3707 State Prep-12 -
All Saints Primary School
Tumbarumba, NSW, 2653 Independent K-6 -
Tumbarumba Public School
Tumbarumba, NSW, 2653 State K-6 -
Walwa Primary School
Walwa, VIC, 3709 State Prep-6 -
Talbingo Public School
Talbingo, NSW, 2720 State K-6 -
St Mary's Primary School
Batlow, NSW, 2730 Independent K-6
Property Story
Grassmere, 179 East Burra Creek Road, Burra, Nsw, 2653 is a residential property . The estimated distance to the sea is 187.77km and 0.55KM 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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