Unit 401, 2 HONEYSUCKLE DRIVE Newcastle NSW 2300
This property is Off Market
- Last sold 10/24/2024 for $410,000. The Average property price in this area is $1,552,786, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.57 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
- 10/23/2024 9 WATT ST $575,000
- 10/15/2024 60 KING ST $985,000
- 10/3/2024 18 BROWN ST $135,000
- 9/30/2024 18 BROWN ST $138,500
- 9/26/2024 209 HUNTER ST $1,080,000
About Newcastle - Cooks Hill
With an average age of 50, households expect an average monthly mortgage payment of $2,135 or a weekly rent payment of $548. The average family earns a weekly income of $2,702 with a typical household size of 1.7 and a 94.9% 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 Newcastle 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 Newcastle 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 Newcastle 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 Newcastle 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 Newcastle a better buying opportunity than it may have been in the past.
Public Transport
Newcastle Beach
Queens Wharf
Crown Street
Civic
Honeysuckle
Newcastle Interchange
Adamstown
Broadmeadow
Hamilton
Queens Wharf, Newcastle
General Points of Interest
Junction Fair
Genesis Fitness
Tuff'n Up Boxing Gym
Visitor Centre
Emu Exhibit
Shallow Pool
Newcastle District Tennis Club
Charlestown Square
Newcastle Golf Club
Newcastle International Paceway
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1625 asthma sufferers and 661 people living with diabetes. In addition, 563 people have a heart/vascular condition and 1123 people live with three or more chronic diseases.A good place to invest in property?
Newcastle - Cooks Hill 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
50 / 100
31 / 100
Industry
24 / 100
22 / 100
Population
17 / 100
19 / 100
House Prices
63 / 100
60 / 100
Jobs
39 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsThe Junction PS Newcastle HS
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St Francis Xavier's College
Hamilton, NSW, 2303 Independent 11-12 -
St Joseph's Primary School
Merewether, NSW, 2291 Independent K-6 -
The Junction Public School
Merewether, NSW, 2291 State K-6 -
Newcastle High School
Hamilton, NSW, 2303 State 7-12 -
Newcastle East Public School
Newcastle, NSW, 2300 State K-6 -
Alesco Senior College
Cooks Hill, NSW, 2300 Independent 9-12 -
Hamilton South Public School
Merewether, NSW, 2291 State K-6 -
Newcastle Grammar School
The Hill, NSW, 2300 Independent K-12 -
Carrington Public School
Carrington, NSW, 2294 State K-6 -
Stockton Public School
Stockton, NSW, 2295 State P-6
Property Story
Unit 401, 2 Honeysuckle Drive, Newcastle, Nsw, 2300 is a residential property with 1 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated value of this home is $495,000. The estimated distance to the sea is only 0.57km and at least 1.15KM 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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