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Unit 107,
8 WATER STREET Birchgrove NSW 2041

This property is Off Market

All about Birchgrove Homes for sale in Birchgrove

Last sold 7/5/2024 for $2,100,000. The Average property price in this area is $2,846,956, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 3.56 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property UNIT 106, 8 WATER ST, Auction Guide $1,350,000 2 Beds - 2 Baths - 1 Parking Within 0.0 km The Agency UNIT 1, 36 ROSE ST, 16th November at 9:00am 4 Beds - 5 Baths - 3 Parking Within 0.3 km Ray White 87 ROWNTREE ST, 2350000 3 Beds - 2 Baths - 0 Parking Within 0.3 km LJ Hooker 55 PHILLIP ST, For Sale 3 Beds - 1 Baths - Parking Within 0.4 km

Recently Sold Properties in this Area

10/21/2024 104 PHILLIP ST $1,460,000
10/17/2024 37 MCKELL ST $910,000
10/10/2024 211 ROWNTREE ST $3,550,000
10/8/2024 25 REUSS ST $2,280,000
10/3/2024 116 SHORT ST $3,040,000

About Balmain

With an average age of 46, households expect an average monthly mortgage payment of $5,000 or a weekly rent payment of $850. The average family earns a weekly income of $4,517 with a typical household size of 2.4 and a 99.1% employment rate.

Consistent high demand relative to supply is a key feature in Birchgrove driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Birchgrove ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Birchgrove classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Birchgrove requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Greenwich Point Wharf ship

Balmain

Balmain Wharf, Yeend St ship

Glebe Island Wharf ship

White Bay Cruise Terminal ship

Clarke Road Wharf ship

Balmain East Wharf ship

Balmain West ship

Cockatoo Island ship

Birchgrove

General Points of Interest

Skyview Shopping Plaza

The Village - Balgowlah Stockland monument

Efogi

Pelican

Wombat

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

War Memorial monument

Charles Moore

Woolstores Alexandria Monument

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1440 asthma sufferers and 654 people living with diabetes. In addition, 656 people have a heart/vascular condition and 1021 people live with three or more chronic diseases.

A good place to invest in property?

Balmain 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

94 / 100

31 / 100

Industry

48 / 100

22 / 100

Population

41 / 100

19 / 100

House Prices

90 / 100

60 / 100

Jobs

57 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Birchgrove PS SSC Blackwattle Bay
St Mark's Catholic Primary School
Drummoyne, NSW, 2047 Independent K-6
Birchgrove Public School
Balmain, NSW, 2041 State P-6
Nicholson Street Public School
Balmain East, NSW, 2041 State K-6
Rozelle Public School
Rozelle, NSW, 2039 State P-6

Property Story

Unit 107, 8 Water Street, Birchgrove, Nsw, 2041 is a residential property . The estimated distance to the sea is 3.56km and at least 1.38KM 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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