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29 MERRIMAN CRESCENT,
MACARTHUR ACT 2904

This property is Off Market


  • The Average property sold price in the surrounding area is $897,651.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 100.95 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view

For Sale Nearby

Recently Sold

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About Macarthur

With an average age of 42, households expect an average monthly mortgage payment of $2,228 or a weekly rent payment of $504. The average family earns a weekly income of $2,928 with a typical household size of 2.6 and a 94.92% employment rate.

Consistent high demand relative to supply is a key feature in Macarthur driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Macarthur 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. Low average earnings from people in Macarthur 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. 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 Macarthur 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 Macarthur a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

Are people healthy?

There are a recorded 163 asthma sufferers and 55 people living with diabetes. In addition, 72 people have a heart/vascular condition and 108 people live with three or more chronic diseases.

A good place to invest in property?

Macarthur 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

66 / 100

56 / 100

Industry

10 / 100

28 / 100

Population

09 / 100

26 / 100

House Prices

83 / 100

72 / 100

Jobs

14 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools


Property Story

29 Merriman Crescent, Macarthur, Act, 2904 is a residential property . The estimated distance to the sea is 100.95km and at least 1.99KM 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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