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Unit 1,
267 GRANDVIEW ROAD Rankin Park NSW 2287

This property is Off Market

All about Rankin Park Homes for sale in Rankin Park


  • Last sold 4/10/2024 for $600,000. The Average property price in this area is $867,387, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.36 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Wallsend - Elermore Vale

With an average age of 41, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $380. The average family earns a weekly income of $2,152 with a typical household size of 2.4 and a 94.81% employment rate.

In Rankin Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rankin Park 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. A mix of professions and above average income earners in Rankin Park 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 Rankin Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 2933 asthma sufferers and 960 people living with diabetes. In addition, 1100 people have a heart/vascular condition and 2596 people live with three or more chronic diseases.

A good place to invest in property?

Wallsend - Elermore Vale 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

24 / 100

22 / 100

Population

20 / 100

19 / 100

House Prices

53 / 100

60 / 100

Jobs

30 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Wallsend SPS Lambton HS
  • Cardiff North Public School

    Cardiff, NSW, 2285 State K-6

  • New Lambton Heights Infants School

    New Lambton Heights, NSW, 2305 State K-2

  • Elermore Vale Public School

    Wallsend, NSW, 2287 State P-6

  • Glendale East Public School

    Glendale, NSW, 2285 State K-6

  • Wallsend Public School

    Wallsend, NSW, 2287 State K-6

  • Newcastle Waldorf School

    Glendale, NSW, 2285 Independent K-12


Property Story

Unit 1, 267 Grandview Road, Rankin Park, Nsw, 2287 is a residential property . The estimated distance to the sea is 7.36km and 0.36KM 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

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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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