Unit 1, 6 BURNS STREET Redhead NSW 2290
This property is Off Market
- 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
Property For Sale Nearby
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
Kotara
Civic
Honeysuckle
Newcastle Interchange
Cardiff
Adamstown
Broadmeadow
Hamilton
General Points of Interest
Macquarie City Croquet Club
Junction Fair
Emu Exhibit
Belmont Golf Club
Newcastle District Tennis Club
Charlestown Square
Belmont Golf & Bowls
Skydive Sydney - Newcastle
Coghlan's Swim Centre
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
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWhitebridge HS Redhead PS
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St Mary's Catholic College
Gateshead, NSW, 2290 Independent 7-12 -
Hunter Sports High School
Gateshead, NSW, 2290 State 7-12 -
Dudley Public School
Dudley, NSW, 2290 State K-6 -
Windale Public School
Windale, NSW, 2306 State P-6 -
St Pius X Primary School
Windale, NSW, 2306 Independent K-6 -
Jewells Primary School
Jewells, NSW, 2280 State K-6 -
Lakeside School
Gateshead, NSW, 2290 State U -
Redhead Public School
Redhead, NSW, 2290 State K-6 -
Wiripaang Public School
Gateshead, NSW, 2290 State K-6
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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