2 Farley Close, Elermore Vale NSW 2287
This property is Off Market
- Last sold 10/4/2024 for $940,000. 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 8.71 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 1 WATTLEBIRD CRES $800,000
- 10/11/2024 47 SMITH RD $660,000
- 10/3/2024 136 CARDIFF RD $830,000
- 10/2/2024 149 ARIES WAY $840,000
- 10/1/2024 17 WILLOW CL $880,000
About Wallsend - Elermore Vale
With an average age of 39, households expect an average monthly mortgage payment of $1,800 or a weekly rent payment of $450. The average family earns a weekly income of $2,125 with a typical household size of 2.8 and a 96.23% employment rate.
In Elermore Vale 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 Elermore Vale 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 Elermore Vale 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 Elermore Vale 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
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 2%)
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
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School CatchmentsElermore Vale PS Glendale Technology HS
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Glendale East Public School
Glendale, NSW, 2285 State K-6 -
St Patrick's Primary School
Wallsend, NSW, 2287 Independent K-6
Property Story
2 Farley Close, Elermore Vale, Nsw, 2287 is a residential property . The estimated distance to the sea is 8.71km and 0.34KM 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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