379 Highlands Drive Failford NSW 2430

4 / 2 / 2 / 7209 m²

For Sale

$1,290,000

Professionals Forster Tuncurry

Here you can find what you need to know about 379 Highlands Drive , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Failford, NSW and much more.

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379 Highlands Drive Estimated Value

$1,200,000 - $1,300,000

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Last sold for $245,000 on 5 Oct 2011

Sale Type: Unknown

Mortgage Repayment	$1,411 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	4
Bathrooms	2
Car Spaces	2
Land Size	7209 m²
Floor Area	-
House Type	House: One Storey / Lowset

Council Area	Mid-Coast
Year Built	n/a
Zone	Non Urban
Lot/Plan	52/DP270229 Failford NSW
Property Type	House

Property Timeline

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Development Permits

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Development Permits (example only)

Data Provided by Cordell

Submission Date

Permit Date

Permit No

DA Type

Build Value ~

Build Area ~

View All Details

Jun 2014

30 Jun 2014

30/06/2014

Extension/Alteration

$180,000

147m²

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Build Value ~	Build Area ~
$180k	147m²
Authority	Construction Type	Construction Material
MANLY	Additions, Alterations	-
Builder Name	Builder Address	Builder Phone Number
Builder Unknown/Tender	-	-

Feb 2000

27 Feb 2000

27/02/2000

Extension/Alteration

$45,000

30m²

View Detail

~ Actual or Best Estimate

47 Permits approved in the last 5 years in Darley Road, Manly. View all

103 Permits approved in the last 12 months in Manly. View all

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Comparable properties

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Neighbourhood

Suburb Insights

Failford, NSW 2430

Part of: Mid-Coast Council

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Failford, NSW 2430

Part of: Mid-Coast Council No data available

The size of Failford is approximately 15.6 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Failford in 2011 was 495 people. By 2016 the population was 527 showing a population growth of 6.5% in the area during that time. The predominant age group in Failford is 60-69 years. Households in Failford are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Failford work in a trades occupation. In 2011, 83.5% of the homes in Failford were owner-occupied compared with 91.2% in 2016. (source: Australian Bureau of Statistics)

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Failford, NSW 2430

Part of: Mid-Coast Council No data available

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228 km

Distance from Sydney CBD

527

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Failford for Houses in last 12 months

Last 12 months in Failford NSW 2430 View Suburb Profile

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$1M Median Value
12 Properties sold
$550pw Median Rent
3.1% Median Gross Yield
126 Average Days on Market
-7.8% Average Vendor Discount
6.5% Median Sale Price Change (1yr)

There have been 12 Houses sold in Failford in the past 12 months with a median sale price of $1.3M, up 6.5% annually. It takes on average 126 days to sell with vendor discounting of -7.8%.

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

Natural Hazard Risk

Any hazard data or information is generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of property hazard risk (Hazard Data). Hazard Data is indicative only and not intended to replace obtaining specific professional advice in relation to such information. Any Hazard Data does not take into account all matters that may be relevant for determining relevant hazards, and the recipient acknowledges and accepts:

it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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