47 Rae Street, Birmingham Gardens NSW 2287
This property is Off Market
- Last sold 10/8/2015 for $442,000. The Average property price in this area is $1,093,017, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 7.74 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
- 10/8/2024 4 WILKINSON AVE $775,000
- 9/30/2024 11 CUNNINGHAM ST $900,000
- 9/26/2024 68 NAUGHTON AVE $682,247
- 9/19/2024 21 RAE ST $670,000
- 9/9/2024 93 WILKINSON AVE $692,000
About Shortland - Jesmond
With an average age of 26, households expect an average monthly mortgage payment of $1,640 or a weekly rent payment of $410. The average family earns a weekly income of $1,775 with a typical household size of 2.6 and a 92.6% employment rate.
In Birmingham Gardens 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 Birmingham Gardens 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. Low average earnings from people in Birmingham Gardens leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Birmingham Gardens 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 Birmingham Gardens a better buying opportunity than it may have been in the past.
Public Transport
Waratah
Kotara
Hexham
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 7%)
Are people healthy?
There are a recorded 1603 asthma sufferers and 506 people living with diabetes. In addition, 438 people have a heart/vascular condition and 1084 people live with three or more chronic diseases.A good place to invest in property?
Shortland - Jesmond 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
16 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
12 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
12 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCallaghan Waratah Tech Heaton PS Callaghan Jesmond
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Wallsend Public School
Wallsend, NSW, 2287 State K-6 -
Heaton Public School
Jesmond, NSW, 2299 State K-6 -
Wetlands Environmental Education Centre
Shortland, NSW, 2307 State -
Shortland Public School
Shortland, NSW, 2307 State K-6 -
Callaghan College Wallsend Campus
Wallsend, NSW, 2287 State 7-10 -
Jesmond Public School
Jesmond, NSW, 2299 State K-6 -
Plattsburg Public School
Wallsend, NSW, 2287 State K-6 -
Callaghan College Jesmond Senior Campus
Jesmond, NSW, 2299 State 11-12 -
Our Lady of Victories Primary School
Shortland, NSW, 2307 Independent K-6 -
Margaret Jurd College
Shortland, NSW, 2307 Independent U
Property Story
47 Rae Street, Birmingham Gardens, Nsw, 2287 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 7.74km and 0.49KM 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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