Unit 2, 274 PARK AVENUE Kotara NSW 2289
This property is Off Market
- Last sold 3/26/2024 for $812,000. The Average property price in this area is $1,011,653, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.67 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
- 10/18/2024 15 JUDITH AVE $902,500
- 10/18/2024 341 PARK AVE $865,000
- 10/10/2024 47 SPRINGFIELD AVE $1,000,000
- 9/30/2024 74 JOSLIN ST $2,107,000
- 9/30/2024 166 PARK AVE $920,000
About Adamstown - Kotara
With an average age of 39, households expect an average monthly mortgage payment of $1,783 or a weekly rent payment of $425. The average family earns a weekly income of $2,097 with a typical household size of 2.3 and a 92.83% 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. 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 Kotara due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Kotara 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 Kotara 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
Cockle Creek
Kotara
Warabrook
Honeysuckle
Newcastle Interchange
Cardiff
Adamstown
Broadmeadow
Hamilton
General Points of Interest
Junction Fair
Genesis Fitness
Tuff'n Up Boxing Gym
Visitor Centre
Emu Exhibit
Shallow Pool
Newcastle District Tennis Club
Charlestown Square
Newcastle International Paceway
Coghlan's Swim Centre
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 2088 asthma sufferers and 710 people living with diabetes. In addition, 891 people have a heart/vascular condition and 1620 people live with three or more chronic diseases.A good place to invest in property?
Adamstown - Kotara 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
42 / 100
31 / 100
Industry
27 / 100
22 / 100
Population
23 / 100
19 / 100
House Prices
63 / 100
60 / 100
Jobs
37 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKotara SPS Kotara HS
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Belair Public School
Adamstown, NSW, 2289 State K-6 -
Kotara School
Kotara, NSW, 2289 State U -
Hillsborough Public School
Charlestown, NSW, 2290 State K-6 -
Kotara High School
Adamstown, NSW, 2289 State 7-12
Property Story
Unit 2, 274 Park Avenue, Kotara, Nsw, 2289 is a residential property . The estimated distance to the sea is 4.67km and 0.5KM 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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