16 Boomerang Street, Cessnock NSW 2325
This property is Off Market
- Last sold 8/3/2017 for $355,000. The Average property price in this area is $614,675, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 38.62 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
- 10/24/2024 13 MOORE ST $575,000
- 10/18/2024 10 HARRIS ST $645,000
- 10/18/2024 8 BENT ST $730,000
- 10/18/2024 14 BOOMERANG ST $500,000
- 10/16/2024 28 NEATH ST $580,000
About Cessnock
With an average age of 49, households expect an average monthly mortgage payment of $1,430 or a weekly rent payment of $290. The average family earns a weekly income of $1,275 with a typical household size of 2 and a 93.33% 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 Cessnock 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 Cessnock 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. 'Lower than average population density constrains growth in Cessnock to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cessnock 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 Cessnock a better buying opportunity than it may have been in the past.
Public Transport
High Street
General Points of Interest
Helicopter rides
Bellbird Mining Disaster Memorial
Cypress Lakes Golf & Country Club
Stonebridge Golf Club
American Alligator
Deer
Birds
Common Wombat
Meerkat
Cotton Top Tamarin
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 3288 asthma sufferers and 1334 people living with diabetes. In addition, 1230 people have a heart/vascular condition and 3450 people live with three or more chronic diseases.A good place to invest in property?
Cessnock 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
11 / 100
31 / 100
Industry
19 / 100
22 / 100
Population
22 / 100
19 / 100
House Prices
43 / 100
60 / 100
Jobs
24 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMt View HS Cessnock WPS
-
Nulkaba Public School
Nulkaba, NSW, 2325 State K-6 -
Cessnock West Public School
Cessnock, NSW, 2325 State K-6
Property Story
16 Boomerang Street, Cessnock, Nsw, 2325 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $555,000 while properties of this type typically sell for between $350,000 and $830,000 in this suburb. The estimated distance to the sea is 38.62km and 0.7KM 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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