5/481-483 Willoughby Road Willoughby NSW 2068

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Here you can find what you need to know about 5/481-483 Willoughby Road , 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 Willoughby, NSW and much more.

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5/481-483 Willoughby Road Estimated Value

$1,300,000 - $1,400,000

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Last Sale details unavailable

Mortgage Repayment	$1,586 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.
Estimated Rent	Estimate Unavailable
Gross Cashflow	Unavailable
Estimated Gross Yield	Unavailable
Natural Hazard Risk	Upgrade to Premium

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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	2
Bathrooms	2
Car Spaces	2
Land Size	-
Floor Area	114 m²
House Type	Unit

Council Area	Willoughby
Year Built	2018
Zone	n/a
Lot/Plan	Willoughby NSW
Property Type	Unit

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Neighbourhood

Suburb Insights

Willoughby, NSW 2068

Part of: Willoughby Council

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Willoughby, NSW 2068

Part of: Willoughby Council No data available

The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2011 was 5,920 people. By 2016 the population was 6,504 showing a population growth of 9.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation. In 2011, 70.4% of the homes in Willoughby were owner-occupied compared with 70.1% in 2016. (source: Australian Bureau of Statistics)

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Willoughby, NSW 2068

Part of: Willoughby Council No data available

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6 km

Distance from Sydney CBD

Population

10%

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Willoughby for Units in last 12 months

Last 12 months in Willoughby NSW 2068 View Suburb Profile

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$1.1M Median Value
135 Properties sold
$750pw Median Rent
3.4% Median Gross Yield
45 Average Days on Market
-3.5% Average Vendor Discount
15.3% Median Sale Price Change (1yr)

There have been 135 Units sold in Willoughby in the past 12 months with a median sale price of $1.5M, up 15.3% annually. It takes on average 45 days to sell with vendor discounting of -3.5%.

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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

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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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