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Unit 201,
PALM LAKE RESORT 1117 NELSON BAY ROAD Fern Bay NSW 2295

This property is Off Market

All about Fern Bay Homes for sale in Fern Bay

Last sold 6/22/2012 for $7,500,000. The Average property price in this area is $1,118,414, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.30 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White UNIT 199, PALM LAKE RESORT, 1117 NELSON BAY RD, 940000 3 Beds - 2 Baths - 2 Parking Within 0.0 km Ray White UNIT 233, PALM LAKE RESORT, 1117 NELSON BAY RD, 860001 3 Beds - 2 Baths - 2 Parking Within 0.2 km Ray White SITE 175, BAYWAY VILLAGE, 1126 NELSON BAY RD, 205000 2 Beds - 1 Baths - 1 Parking Within 0.4 km Ray White SITE 257, BAYWAY VILLAGE, 1126 NELSON BAY RD, 370000 2 Beds - 1 Baths - 1 Parking Within 0.6 km Elders 8 APPLE ST, Guide $850,000 4 Beds - 2 Baths - 2 Parking Within 2.5 km

Recently Sold Properties in this Area

10/24/2024 19 BRAID RD $775,000
9/24/2024 109 NORFOLK ST $1,379,999
9/20/2024 17 RUSHLAND DR $1,150,000
9/4/2024 10 APPLE ST $870,000
8/26/2024 60 SEASIDE BVD $865,000

About Stockton - Fullerton Cove

With an average age of 73, households expect an average monthly mortgage payment of $816 or a weekly rent payment of $188. The average family earns a weekly income of $1,012 with a typical household size of 1.6 and a 80.95% 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. Low average incomes in Fern Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Fern Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Fern Bay 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

Waratah

Newcastle Beach train

Queens Wharf train

Crown Street train

Civic

Honeysuckle train

Newcastle Interchange train

Broadmeadow train

Hamilton

Queens Wharf, Newcastle

General Points of Interest

Junction Fair sport

Genesis Fitness sport

Tuff'n Up Boxing Gym swimming

Shallow Pool sport

Number 2 Oval sport

Scott Munro sport

Hunter District Cycling Club golf

Newcastle Golf Club sport

Newcastle International Paceway sport

Broadmeadow Race Course

Population

(Country of Birth not stated 9%)

Are people healthy?

There are a recorded 1037 asthma sufferers and 443 people living with diabetes. In addition, 726 people have a heart/vascular condition and 1197 people live with three or more chronic diseases.

A good place to invest in property?

Stockton - Fullerton Cove 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

20 / 100

31 / 100

Industry

08 / 100

22 / 100

Population

07 / 100

19 / 100

House Prices

61 / 100

60 / 100

Jobs

20 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Newcastle HS Fern Bay PS
Hunter Christian School
Mayfield, NSW, 2304 Independent K-12
St Peter's Primary School
Stockton, NSW, 2295 Independent K-6
Mayfield East Public School
Mayfield East, NSW, 2304 State K-6

Property Story

Unit 201, Palm Lake Resort, 1117 Nelson Bay Road, Fern Bay, Nsw, 2295 is a residential property . The estimated distance to the sea is only 0.3km and 0.15KM 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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