7 Grasmere Way, Lakelands NSW 2282
This property is Off Market
- Last sold 2/24/2023 for $970,000. The Average property price in this area is $998,368, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 7.83 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
- 8/30/2024 3 CARTMEL CL $1,500,000
- 7/12/2024 28 ULVERSTON WAY $1,325,000
- 5/3/2024 16 WHITEHAVEN DR $1,340,000
- 4/24/2024 4 CALGARTH CT $960,000
- 2/29/2024 14 BUTTERMERE DR $1,100,000
About Warners Bay - Boolaroo
With an average age of 46, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $670. The average family earns a weekly income of $2,708 with a typical household size of 3 and a 99.62% 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lakelands due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Lakelands 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 Lakelands 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 Lakelands 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 Lakelands a better buying opportunity than it may have been in the past.
Public Transport
Waratah
General Points of Interest
Emu Exhibit
Killingworth War Memorial
Newcastle District Tennis Club
Charlestown Square
Scott Munro
Waratah Golf Club
Catalina War Memorial
Newcastle International Paceway
Coghlan's Swim Centre
Broadmeadow Race Course
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1739 asthma sufferers and 705 people living with diabetes. In addition, 940 people have a heart/vascular condition and 1728 people live with three or more chronic diseases.A good place to invest in property?
Warners Bay - Boolaroo 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
30 / 100
31 / 100
Industry
19 / 100
22 / 100
Population
18 / 100
19 / 100
House Prices
62 / 100
60 / 100
Jobs
28 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBiddabah PS Warners Bay HS
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Warners Bay Public School
Warners Bay, NSW, 2282 State K-6 -
Biddabah Public School
Warners Bay, NSW, 2282 State K-6 -
St Mary's Primary School
Warners Bay, NSW, 2282 Independent K-6 -
Speers Point Public School
Speers Point, NSW, 2284 State K-6
Property Story
7 Grasmere Way, Lakelands, Nsw, 2282 is a residential property . The estimated distance to the sea is 7.83km and 0.21KM 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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