31 Silky Oak Drive, Caves Beach NSW 2281
This property is Off Market
- Last sold 10/4/2024 for $1,250,000. The Average property price in this area is $1,131,874, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.01 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 7 JAN CL $1,700,000
- 10/23/2024 22 MIDDLE ST $375,000
- 10/16/2024 7 PHILLIP ST $1,320,000
- 10/14/2024 124 MACQUARIE GR $1,050,000
- 10/11/2024 53 SCENIC DR $1,260,000
About Swansea - Caves Beach
With an average age of 51, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $500. The average family earns a weekly income of $2,166 with a typical household size of 2.5 and a 91.36% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Caves Beach 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. The slightly lower than average earnings from occupations in Caves Beach 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. Lower than average industry presence in Caves Beach 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 Caves Beach a better buying opportunity than it may have been in the past.
Public Transport
Morisset
General Points of Interest
Macquarie City Croquet Club
Marks Point Bowling Club
Belmont Central
Belmont Golf Club
Belmont Golf & Bowls
Crossfit Lake Macquarie
Catalina War Memorial
Skydive Sydney - Newcastle
Dobell House
Swansea Swim Centre
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1505 asthma sufferers and 707 people living with diabetes. In addition, 980 people have a heart/vascular condition and 1786 people live with three or more chronic diseases.A good place to invest in property?
Swansea - Caves Beach 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
21 / 100
31 / 100
Industry
14 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
57 / 100
60 / 100
Jobs
21 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSwansea HS Caves Beach PS
Property Story
31 Silky Oak Drive, Caves Beach, Nsw, 2281 is a residential property . The estimated distance to the sea is only 1.01km and 0.03KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
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
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
