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Unit 21,
OBSERVATORY 40 PHILIP HODGINS STREET Wright ACT 2611

This property is Off Market

All about Wright Homes for sale in Wright


  • The Average property price in this area is $951,060, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 112.66 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Wright

With an average age of 31, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $450. The average family earns a weekly income of $2,382 with a typical household size of 1.8 and a 95.79% employment rate.

Consistent high demand relative to supply is a key feature in Wright driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Wright 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 Wright 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 Wright 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

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 358 asthma sufferers and 63 people living with diabetes. In addition, 62 people have a heart/vascular condition and 112 people live with three or more chronic diseases.

A good place to invest in property?

Wright 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

70 / 100

56 / 100

Industry

35 / 100

28 / 100

Population

24 / 100

26 / 100

House Prices

91 / 100

72 / 100

Jobs

44 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Canberra Montessori School

    Holder, ACT, 2611 Independent K-6

  • Orana Steiner School

    Weston, ACT, 2611 Independent K-12

  • Duffy Primary School

    Duffy, ACT, 2611 Independent K-6

  • St Jude's Primary School

    Holder, ACT, 2611 Independent K-6


Property Story

Unit 21, Observatory, 40 Philip Hodgins Street, Wright, Act, 2611 is a residential property . The estimated distance to the sea is 112.66km and at least 2.37KM 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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