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46 Anchorage Circle,
Summerland Point NSW 2259

This property is Off Market

All about Summerland Point Homes for sale in Summerland Point


  • Last sold 1/16/2018 for $624,000. The Average property price in this area is $886,053, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 5.99 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Summerland Point - Gwandalan

With an average age of 48, households expect an average monthly mortgage payment of $1,929 or a weekly rent payment of $480. The average family earns a weekly income of $1,647 with a typical household size of 2.6 and a 95.73% employment rate.

In Summerland Point 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. Low average incomes in Summerland Point 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. Low average earnings from people in Summerland Point 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. With very low industrial sector presence in Summerland Point 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

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 898 asthma sufferers and 358 people living with diabetes. In addition, 399 people have a heart/vascular condition and 880 people live with three or more chronic diseases.

A good place to invest in property?

Summerland Point - Gwandalan 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

16 / 100

31 / 100

Industry

06 / 100

22 / 100

Population

08 / 100

19 / 100

House Prices

52 / 100

60 / 100

Jobs

13 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Lake Munmorah HS Gwandalan PS
  • Bonnells Bay Public School

    Bonnells Bay, NSW, 2264 State K-6

  • Lake Munmorah High School

    Lake Munmorah, NSW, 2259 State 7-12

  • Heritage College Lake Macquarie

    Morisset, NSW, 2264 Independent K-12

  • Gwandalan Public School

    Gwandalan, NSW, 2259 State K-6

  • St Brigid's Catholic College

    Lake Munmorah, NSW, 2259 Independent 7-12

  • Brightwaters Christian College

    Brightwaters, NSW, 2264 Independent K-6

  • Nords Wharf Public School

    Nords Wharf, NSW, 2281 State K-6

  • Lake Munmorah Public School

    Lake Munmorah, NSW, 2259 State K-6

  • St Brendan's Catholic Primary School

    Lake Munmorah, NSW, 2259 Independent K-6

  • Mannering Park Public School

    Mannering Park, NSW, 2259 State K-6


Property Story

46 Anchorage Circle, Summerland Point, Nsw, 2259 is a residential property with 5 bedrooms, 2 bathrooms and 4 Parking spaces. The estimated value of this home is $995,000 while properties of this type typically sell for between $1,210,000 and $1,210,000 in this suburb. The estimated distance to the sea is 5.99km and 0.02KM 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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