540 Peach Tree Road, Megalong Valley NSW 2785
This property is Off Market
- Last sold 10/13/2020 for $900,000. The Average property price in this area is $644,993, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 90.49 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
- 4/11/2023 796 PEACH TREE RD $1,650,000
- 9/13/2022 167 NELLIES GLEN RD $1,250,000
- 8/22/2022 544 PEACH TREE RD $1,750,000
- 2/11/2022 691 PEACH TREE RD $3,200,000
- 9/16/2021 20 PINNACLE RD $2,300,000
About Lithgow Region
With an average age of 50, households expect an average monthly mortgage payment of $2,029 or a weekly rent payment of $300. The average family earns a weekly income of $2,029 with a typical household size of 2.5 and a 98.39% 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. Low average incomes in Megalong Valley 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 Megalong Valley 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. With very low industrial sector presence in Megalong Valley the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Wentworth Falls
Bullaburra
Lawson
Blackheath
Medlow Bath
Katoomba
Hazelbrook
Leura
Mount Victoria
Woodford
General Points of Interest
Sunbath
The Colosseum
Peace Memorial
Megalong Valley Pioneers
Camp Street Climbing
Daniel
Upper Leura Cascades
Dardenelles Pass
Leura Cascades
Mount Rennie Tunnel entrance
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 1151 asthma sufferers and 579 people living with diabetes. In addition, 527 people have a heart/vascular condition and 1137 people live with three or more chronic diseases.A good place to invest in property?
Lithgow Region 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
17 / 100
31 / 100
Industry
08 / 100
22 / 100
Population
11 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsKatoomba HS
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Katoomba Public School
Katoomba, NSW, 2780 State K-6 -
Leura Public School
Leura, NSW, 2780 State K-6 -
Mount Victoria Public School
Mount Victoria, NSW, 2786 State K-6 -
St Canice's Primary School
Katoomba, NSW, 2780 Independent K-6 -
Katoomba North Public School
Katoomba, NSW, 2780 State K-6 -
Mountains Christian College
Blackheath, NSW, 2785 Independent K-12 -
Katoomba High School
Katoomba, NSW, 2780 State 7-12 -
Blue Mountains Grammar School
Wentworth Falls, NSW, 2782 Independent K-12 -
Megalong Public School
Megalong Valley, NSW, 2785 State K-6 -
Blackheath Public School
Blackheath, NSW, 2785 State K-6
Property Story
540 Peach Tree Road, Megalong Valley, Nsw, 2785 is a residential property . The estimated distance to the sea is 90.49km and 0.84KM 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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