Unit 6, 7 NURMI AVENUE Newington NSW 2127
This property is Off Market
- Last sold 10/12/2015 for $720,000. The Average property price in this area is $1,738,395, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 14.56 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
- 10/17/2024 8 AVENUE OF THE AMERICAS $1,000,000
- 9/30/2024 1 DEVITT AVE $840,000
- 9/27/2024 16 THEILE AVE $1,920,000
- 9/26/2024 21 BLAXLAND AVE $1,275,000
- 9/23/2024 10 MANTON AVE $1,760,000
About Homebush Bay - Silverwater
With an average age of 39, households expect an average monthly mortgage payment of $2,416 or a weekly rent payment of $565. The average family earns a weekly income of $2,824 with a typical household size of 2.8 and a 94.21% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Newington due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Newington 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 Newington 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
Rydalmere Ferry Wharf
Rhodes
Armory Wharf
Lidcombe
Flemington
Clyde
Concord West
Auburn
Sydney Olympic Park
Meadowbank
General Points of Interest
Australian Air Cadets Memorial
Auburn Central
Efogi
Coxs Road Mall
Eastwood Shopping Centre
North Parramatta Swim School
Rosehill Bowling and Recreation Club
50m pool
Mount Lewis Bowling Club
Potts Park
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1132 asthma sufferers and 707 people living with diabetes. In addition, 493 people have a heart/vascular condition and 653 people live with three or more chronic diseases.A good place to invest in property?
Homebush Bay - Silverwater 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
35 / 100
31 / 100
Industry
47 / 100
22 / 100
Population
47 / 100
19 / 100
House Prices
76 / 100
60 / 100
Jobs
59 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNewington PS Concord HS
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Concord West Public School
Concord West, NSW, 2138 State K-6 -
Victoria Avenue Public School
Concord West, NSW, 2138 State K-6 -
Wentworth Point Public School
Wentworth Point, NSW, 2127 State K-6 -
Sydney Adventist School - Auburn
Auburn, NSW, 2144 Independent K-6 -
Newington Public School
Newington, NSW, 2127 State K-6 -
Auburn North Public School
Auburn, NSW, 2144 State K-6 -
Rydalmere East Public School
Ermington, NSW, 2115 State P-6 -
Auburn Girls High School
Auburn, NSW, 2144 State 7-12 -
Lidcombe Public School
Lidcombe, NSW, 2141 State K-6 -
St John's Catholic Primary School
Auburn, NSW, 2144 Independent K-6
Property Story
Unit 6, 7 Nurmi Avenue, Newington, Nsw, 2127 is a residential property . The estimated distance to the sea is 14.56km and at least 1KM 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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