1 Mahogany Parade, Goonellabah NSW 2480
This property is Off Market
- Last sold 1/29/2024 for $870,000. The Average property price in this area is $674,765, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 23.45 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
- 4/11/2024 26 BRUXNER CRES $615,000
- 4/10/2024 28 SPRING VALLEY DR $849,000
- 4/9/2024 581 BALLINA RD $680,000
- 4/9/2024 31 DEEGAN DR $950,000
- 4/8/2024 4 MOUNT PLEASANT CT $729,000
About Goonellabah
With an average age of 49, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $380. The average family earns a weekly income of $1,906 with a typical household size of 2.6 and a 102.47% employment rate.
In Goonellabah 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 Goonellabah 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. The slightly lower than average earnings from occupations in Goonellabah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Goonellabah 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 Goonellabah a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Lismore Memorial Baths
Lismore Memorial Baths
Lismore Memorial Baths
Heritage Park
richmond river gun club
Lismore Memorial Baths
Eltham Tennis Courts
Far North Coast Vietnam War Memorial
Lismore Police Memorial
Butter Churn
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1875 asthma sufferers and 716 people living with diabetes. In addition, 708 people have a heart/vascular condition and 1489 people live with three or more chronic diseases.A good place to invest in property?
Goonellabah 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
13 / 100
31 / 100
Industry
15 / 100
22 / 100
Population
10 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
17 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTRSC Lismore Wyrallah Rd PS
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Albert Park Public School
East Lismore, NSW, 2480 State K-6 -
Goonellabah Public School
Goonellabah, NSW, 2480 State K-6 -
Wilson Park School
Lismore, NSW, 2480 State U -
Lismore Heights Public School
Lismore Heights, NSW, 2480 State K-6 -
Blue Hills College
Goonellabah, NSW, 2480 Independent K-12
Property Story
1 Mahogany Parade, Goonellabah, Nsw, 2480 is a residential property . The estimated distance to the sea is 23.45km and at least 3KM 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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