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520 Wisemans Ferry Road,
Somersby NSW 2250

This property is Off Market

All about Somersby Homes for sale in Somersby


  • Last sold 2/14/2023 for $7,000,000. The Average property price in this area is $1,892,128, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 14.74 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Calga - Kulnura

With an average age of 49, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $375. The average family earns a weekly income of $2,333 with a typical household size of 2.9 and a 94.96% employment rate.

In Somersby 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 Somersby due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Somersby changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Somersby 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 4%)

Are people healthy?

There are a recorded 537 asthma sufferers and 245 people living with diabetes. In addition, 275 people have a heart/vascular condition and 493 people live with three or more chronic diseases.

A good place to invest in property?

Calga - Kulnura 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

29 / 100

31 / 100

Industry

07 / 100

22 / 100

Population

08 / 100

19 / 100

House Prices

53 / 100

60 / 100

Jobs

16 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Somersby PS Kariong Mts HS
  • Somersby Public School

    Gosford, NSW, 2250 State K-6

  • Girrakool School

    Kariong, NSW, 2250 State U


Property Story

520 Wisemans Ferry Road, Somersby, Nsw, 2250 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $6,940,000. The estimated distance to the sea is 14.74km and 0.13KM 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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