Unit 15, 562 UNION ROAD Lavington NSW 2641
This property is Off Market
- Last sold 9/19/2016 for $107,000. The Average property price in this area is $1,390,960, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 223.92 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
- 10/24/2024 398 LUCINDA CT $540,000
- 10/24/2024 44 MICHELLE AVE $551,000
- 10/23/2024 15 CONDON PL $535,000
- 10/23/2024 482 HERIOT ST $320,000
- 10/22/2024 724 LYNE ST $1,125,000
About Lavington
With an average age of 40, households expect an average monthly mortgage payment of $1,149 or a weekly rent payment of $240. The average family earns a weekly income of $1,267 with a typical household size of 2 and a 92.18% employment rate.
In Lavington 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 Lavington 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 Lavington 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. Lower than average industry presence in Lavington 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 Lavington a better buying opportunity than it may have been in the past.
Public Transport
Albury
Wymah Ferry (Free)
General Points of Interest
Aloysius Park
Alexandra Park
Albury Tennis Centre
Albury Racing Club
Charles Sturt University - Albury Campus
J C King Park
Ernest Grant
Major League Sports
War Memorial Tower
St Matthew's Church War Memorial
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 1830 asthma sufferers and 878 people living with diabetes. In addition, 816 people have a heart/vascular condition and 1944 people live with three or more chronic diseases.A good place to invest in property?
Lavington 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
07 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
14 / 100
19 / 100
House Prices
32 / 100
60 / 100
Jobs
16 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMurray HS Lavington PS
-
Wewak Street School
North Albury, NSW, 2640 State U -
Hume Public School
Lavington, NSW, 2641 State P-6
Property Story
Unit 15, 562 Union Road, Lavington, Nsw, 2641 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $155,000 while properties of this type typically sell for between $175,000 and $360,000 in this suburb. The estimated distance to the sea is 223.92km and at least 1.39KM 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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