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Unit 2,
11-13 WILLIAM STREET Jesmond NSW 2299

This property is Off Market

All about Jesmond Homes for sale in Jesmond


  • Last sold 5/9/2024 for $581,000. The Average property price in this area is $1,093,017, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 6.92 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 Shortland - Jesmond

With an average age of 30, households expect an average monthly mortgage payment of $1,820 or a weekly rent payment of $400. The average family earns a weekly income of $1,519 with a typical household size of 2.7 and a 87.96% employment rate.

In Jesmond 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 Jesmond 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. Low average earnings from people in Jesmond leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. Lower than average industry presence in Jesmond 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 Jesmond a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1603 asthma sufferers and 506 people living with diabetes. In addition, 438 people have a heart/vascular condition and 1084 people live with three or more chronic diseases.

A good place to invest in property?

Shortland - Jesmond 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

16 / 100

31 / 100

Industry

12 / 100

22 / 100

Population

12 / 100

19 / 100

House Prices

49 / 100

60 / 100

Jobs

12 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Callaghan Jesmond Callaghan Waratah Tech Jesmond PS
  • Callaghan College Jesmond Senior Campus

    Jesmond, NSW, 2299 State 11-12

  • John Hunter Hospital School

    New Lambton Heights, NSW, 2305 State

  • Lambton Public School

    Lambton, NSW, 2299 State K-6

  • St John's Primary School

    Lambton, NSW, 2299 Independent K-6

  • Waratah West Public School

    Waratah West, NSW, 2298 State K-6

  • Heaton Public School

    Jesmond, NSW, 2299 State K-6

  • Our Lady of Victories Primary School

    Shortland, NSW, 2307 Independent K-6

  • Margaret Jurd College

    Shortland, NSW, 2307 Independent U


Property Story

Unit 2, 11-13 William Street, Jesmond, Nsw, 2299 is a residential property . The estimated distance to the sea is 6.92km and 0.55KM 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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