16 Redbank Drive, Scone NSW 2337
This property is Off Market
- Last sold 10/18/2024 for $840,000. The Average property price in this area is $579,179, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 120.71 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
- 10/24/2024 5 OXFORD RD $895,000
- 10/23/2024 11 MOUNT ST $60,000
- 10/23/2024 7 BAKEWELL CCT $1,850,000
- 10/17/2024 1 BHIMA DR $899,000
- 10/10/2024 34 SATUR RD $680,000
About Scone
With an average age of 38, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $450. The average family earns a weekly income of $2,990 with a typical household size of 2.8 and a 96.19% employment rate.
In Scone 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. 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 Scone due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Scone 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 Scone 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
Muswellbrook
General Points of Interest
Scone Golf Club
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 786 asthma sufferers and 272 people living with diabetes. In addition, 350 people have a heart/vascular condition and 634 people live with three or more chronic diseases.A good place to invest in property?
Scone 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
32 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
05 / 100
19 / 100
House Prices
53 / 100
60 / 100
Jobs
16 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsScone PS Scone HS
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Aberdeen Public School
Aberdeen, NSW, 2336 State K-6 -
Scone Grammar School
Scone, NSW, 2337 Independent K-12 -
St Mary's Primary School
Scone, NSW, 2337 Independent K-6 -
Scone Public School
Scone, NSW, 2337 State K-6 -
Pacific Brook Christian School
Muswellbrook, NSW, 2333 Independent K-7
Property Story
16 Redbank Drive, Scone, Nsw, 2337 is a residential property with 5 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $770,000 while properties of this type typically sell for between $850,000 and $950,000 in this suburb. The estimated distance to the sea is 120.71km and 0.98KM 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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