This property is Off Market
With an average age of 34, households expect an average monthly mortgage payment of $1,729 or a weekly rent payment of $400. The average family earns a weekly income of $2,100 with a typical household size of 2.3 and a 102.65% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Ngunnawal are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Ngunnawal 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. High density population in Ngunnawal requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 8%)
Ngunnawal 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
52 / 100
56 / 100
Industry
66 / 100
28 / 100
Population
74 / 100
26 / 100
House Prices
68 / 100
72 / 100
Jobs
78 / 100
32 / 100
Incidents Trend State Average
Gold Creek School
Nicholls, ACT, 2913 Independent K-10
Palmerston District Primary School
Palmerston, ACT, 2913 Independent K-6
Ngunnawal Primary School
Ngunnawal, ACT, 2913 Independent K-6
Burgmann Anglican School
Gungahlin, ACT, 2912 Independent K-12
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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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