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Unit 12,
560B COTTER ROAD Coombs ACT 2611

This property is Off Market

All about Coombs Homes for sale in Coombs


  • The Average property price in this area is $875,703, this is based on recent transactions.
  • Distance to the coast 111.44 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Coombs

With an average age of 28, households expect an average monthly mortgage payment of $1,892 or a weekly rent payment of $479. The average family earns a weekly income of $2,384 with a typical household size of 2.7 and a 97.01% employment rate.

Consistent high demand relative to supply is a key feature in Coombs driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Coombs 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. A mix of professions and above average income earners in Coombs 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 Coombs to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Coombs we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coombs a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 247 asthma sufferers and 47 people living with diabetes. In addition, 47 people have a heart/vascular condition and 87 people live with three or more chronic diseases.

A good place to invest in property?

Coombs 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

Australian Capital Territory State average 56 / 100

Income

69 / 100

56 / 100

Industry

21 / 100

28 / 100

Population

16 / 100

26 / 100

House Prices

91 / 100

72 / 100

Jobs

27 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Charles Weston School

    Coombs, ACT, 2611 Independent K-6

  • Canberra Montessori School

    Holder, ACT, 2611 Independent K-6


Property Story

Unit 12, 560B Cotter Road, Coombs, Act, 2611 is a residential property . The estimated distance to the sea is 111.44km and at least 2.67KM 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

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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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