12 Elbrook Drive, Rankin Park NSW 2287
This property is Off Market
- Last sold 9/6/2024 for $835,000. The Average property price in this area is $867,387, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 6.45 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 9/24/2024 293 MCCAFFREY DR $1,000,000
- 9/10/2024 17 MORTON PDE $800,000
- 9/9/2024 11 NEDLANDS ST $430,000
- 9/5/2024 21 ELIZABETH COOK DR $860,000
- 8/14/2024 33 KINGSWAY AVE $810,000
About Wallsend - Elermore Vale
With an average age of 38, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $415. The average family earns a weekly income of $2,437 with a typical household size of 2.7 and a 98.77% employment rate.
In Rankin Park 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 Rankin Park 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. A mix of professions and above average income earners in Rankin Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Rankin Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Waratah
Cockle Creek
Kotara
Sandgate
Warabrook
Newcastle Interchange
Cardiff
Adamstown
Broadmeadow
Hamilton
General Points of Interest
Junction Fair
Genesis Fitness
Tuff'n Up Boxing Gym
Visitor Centre
Emu Exhibit
Newcastle Entertainment Centre
Newcastle District Tennis Club
Charlestown Square
Newcastle International Paceway
Coghlan's Swim Centre
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 2933 asthma sufferers and 960 people living with diabetes. In addition, 1100 people have a heart/vascular condition and 2596 people live with three or more chronic diseases.A good place to invest in property?
Wallsend - Elermore Vale 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
20 / 100
31 / 100
Industry
24 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
53 / 100
60 / 100
Jobs
30 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsLambton HS Wallsend SPS
-
Cardiff North Public School
Cardiff, NSW, 2285 State K-6 -
Wallsend Public School
Wallsend, NSW, 2287 State K-6
Property Story
12 Elbrook Drive, Rankin Park, Nsw, 2287 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $830,000 while properties of this type typically sell for between $510,000 and $815,000 in this suburb. The estimated distance to the sea is 6.45km 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
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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