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Unit 1,
6 BURNS STREET Redhead NSW 2290

This property is Off Market

All about Redhead Homes for sale in Redhead

Last sold 8/28/2024 for $1,040,000. The Average property price in this area is $1,396,907, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.54 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property 26 HUTCHINSON ST, Contact Agent 5 Beds - 3 Baths - 5 Parking Within 0.3 km LJ Hooker 10 HUTCHINSON ST, Contact Agent 2 Beds - 2 Baths - 2 Parking Within 0.3 km Belle Property 39B BURNS ST, Auction - Guide $1,450,000 4 Beds - 2 Baths - 2 Parking Within 0.5 km LJ Hooker 27 COWLISHAW ST, BUYERS GUIDE $1,925,000 5 Beds - 3 Baths - 2 Parking Within 0.6 km Stone Real Estate UNIT 48, REDHEAD BEACH HOLIDAY PK, 1A KALAROO RD, $360,000 2 Beds - 1 Baths - 1 Parking Within 1.0 km Stone Real Estate UNIT 127, REDHEAD BEACH HOLIDAY PK, 1A KALAROO RD, $260,000 - $286,000 2 Beds - 1 Baths - 1 Parking Within 1.0 km

Recently Sold Properties in this Area

10/4/2024 4 STOKES ST $1,900,000
9/20/2024 48 ELSDON ST $1,125,000
9/19/2024 7 CALLICOMA PL $1,525,000
9/19/2024 11 KERLE ST $2,200,000
9/17/2024 30 ALISON ST $2,200,000

About Redhead

With an average age of 43, households expect an average monthly mortgage payment of $2,184 or a weekly rent payment of $425. The average family earns a weekly income of $2,750 with a typical household size of 2.8 and a 97.16% 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 Redhead due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Redhead 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. With very low industrial sector presence in Redhead the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Booragul

Cockle Creek train

Kotara

Civic

Honeysuckle train

Newcastle Interchange train

Cardiff

Adamstown

Broadmeadow train

Hamilton

General Points of Interest

Macquarie City Croquet Club shopping

Junction Fair

Emu Exhibit golf

Belmont Golf Club sport

Newcastle District Tennis Club shopping

Charlestown Square golf

Belmont Golf & Bowls

Skydive Sydney - Newcastle swimming

Coghlan's Swim Centre sport

Broadmeadow Race Course

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 459 asthma sufferers and 185 people living with diabetes. In addition, 260 people have a heart/vascular condition and 433 people live with three or more chronic diseases.

A good place to invest in property?

Redhead 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

38 / 100

31 / 100

Industry

06 / 100

22 / 100

Population

06 / 100

19 / 100

House Prices

66 / 100

60 / 100

Jobs

15 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Redhead PS Whitebridge HS

Property Story

Unit 1, 6 Burns Street, Redhead, Nsw, 2290 is a residential property . The estimated distance to the sea is only 0.54km and 0.23KM 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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