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24 SABINA DRIVE, MOLLOY ISLAND, WA, 6290

This property is Off Market

Average property sold price $383,773

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  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 0.93 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Augusta

With an average age of 52, households expect an average monthly mortgage payment of $1,100 or a weekly rent payment of $200. The average family earns a weekly income of $1,403 with a typical household size of 2.4 and a 93.29% employment rate.

In Molloy Island 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Molloy Island due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Molloy Island 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. Lower than average population density constrains growth in Molloy Island to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.

Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 492 asthma sufferers and 226 people living with diabetes. In addition, 301 people have a heart/vascular condition and 634 people live with three or more chronic diseases.

A good place to invest in property?

Augusta 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

Western Australia State average 54 / 100

Income

43 / 100

55 / 100

Industry

30 / 100

48 / 100

Population

22 / 100

35 / 100

House Prices

52 / 100

62 / 100

Jobs

08 / 100

17 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Augusta Primary School

    Augusta, WA, 6290 State K-6

  • Margaret River Independent School

    Forest Grove, WA, 6286 Independent PP-6

  • Karridale Primary School

    Karridale, WA, 6288 State K-6


Average property sold price $383,773

Interested in similar properties, join us and stay connected for updates.

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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