Unit 11, 5 SCOTT STREET Newcastle East NSW 2300
This property is Off Market
- Last sold 5/3/2024 for $782,000. 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 0.16 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 8/16/2024 55 SHORTLAND ESP $1,800,000
- 7/25/2024 13 STEVENSON PL $1,825,000
- 7/9/2024 1 SCOTT ST $1,699,999
- 6/7/2024 1 SCOTT ST $2,700,000
- 6/7/2024 53 STEVENSON PL $2,275,000
About Newcastle - Cooks Hill
With an average age of 48, households expect an average monthly mortgage payment of $3,500 or a weekly rent payment of $485. The average family earns a weekly income of $2,611 with a typical household size of 2.1 and a 96.79% 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. Incomes in Newcastle East are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Newcastle East 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 East 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
Waratah
Newcastle Beach
Queens Wharf
Crown Street
Civic
Honeysuckle
Newcastle Interchange
Broadmeadow
Hamilton
Queens Wharf, Newcastle
General Points of Interest
Junction Fair
Genesis Fitness
Tuff'n Up Boxing Gym
Emu Exhibit
Shallow Pool
Newcastle Entertainment Centre
Newcastle District Tennis Club
Charlestown Square
Newcastle Golf Club
Newcastle International Paceway
Population
(Country of Birth not stated 11%)
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
-
School CatchmentsNewcastle HS Newcastle EPS
-
Alesco Senior College
Cooks Hill, NSW, 2300 Independent 9-12 -
The Junction Public School
Merewether, NSW, 2291 State K-6 -
Carrington Public School
Carrington, NSW, 2294 State K-6 -
St Peter's Primary School
Stockton, NSW, 2295 Independent K-6 -
Newcastle High School
Hamilton, NSW, 2303 State 7-12 -
Newcastle East Public School
Newcastle, NSW, 2300 State K-6 -
Stockton Public School
Stockton, NSW, 2295 State P-6
Property Story
Unit 11, 5 Scott Street, Newcastle East, Nsw, 2300 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $705,000 while properties of this type typically sell for between $850,000 and $1,400,000 in this suburb. The estimated distance to the sea is only 0.16km and 0.74KM 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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