5 Melaleuca Street, Newport NSW 2106
This property is Off Market
- Last sold 10/24/2024 for $2,600,000. The Average property price in this area is $2,856,057, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.20 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 3 LIVINGSTONE PL $1,250,000
- 10/23/2024 24 GLADSTONE ST $830,000
- 10/23/2024 105 GRANDVIEW DR $3,835,000
- 10/21/2024 12 GLADSTONE ST $1,150,000
- 10/11/2024 6 WOOLCOTT ST $1,425,000
About Newport - Bilgola
With an average age of 48, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $938. The average family earns a weekly income of $4,125 with a typical household size of 3 and a 92.4% employment rate.
Consistent high demand relative to supply is a key feature in Newport driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Newport are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Newport 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 Newport 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
Tennis Court Wharf
Taylors Point Wharf
Eastern Wharf
Cargo Wharf
Carols Wharf
Bayview Wharf
Newport Wharf
Salt Pan Wharf
Bells Wharf
Church Point Wharf
General Points of Interest
Dee Why Bowling and Recreation Club
Red Hands Cave
Oceanvale Residents Pool & Gym
Blair Athol Residents Swimming Pool
Ivanhoe Residents Swimming Pool
North Narrabeen National Surfing Reserve
Newport Rock Pool
Terry Hills Swim School
Pittwater Sports Centre
Northern Beaches Indoor Sports Centre
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1350 asthma sufferers and 474 people living with diabetes. In addition, 587 people have a heart/vascular condition and 745 people live with three or more chronic diseases.A good place to invest in property?
Newport - Bilgola 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
54 / 100
31 / 100
Industry
30 / 100
22 / 100
Population
19 / 100
19 / 100
House Prices
90 / 100
60 / 100
Jobs
39 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNewport PS Pittwater HS
-
Newport Public School
Newport, NSW, 2106 State K-6
Property Story
5 Melaleuca Street, Newport, Nsw, 2106 is a residential property with 4 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $3,130,000 while properties of this type typically sell for between $1,880,000 and $9,000,000 in this suburb. The estimated distance to the sea is only 0.2km and 0.45KM 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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