2 Cherry Place, Castle Cove NSW 2069
This property is Off Market
- Last sold 12/4/2023 for $3,310,000. The Average property price in this area is $5,793,711, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.06 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
- 10/8/2024 6 AMAROO AVE $4,601,000
- 10/2/2024 19 ALLAMBIE RD $3,750,000
- 9/30/2024 187 DEEPWATER RD $3,720,000
- 9/16/2024 42 EMERSTAN DR $9,040,000
- 9/13/2024 16 WARRAWEE AVE $3,650,000
About Willoughby - Castle Cove - Northbridge
With an average age of 49, households expect an average monthly mortgage payment of $4,333 or a weekly rent payment of $1,350. The average family earns a weekly income of $3,812 with a typical household size of 2.9 and a 97.52% employment rate.
Consistent high demand relative to supply is a key feature in Castle Cove driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Castle Cove ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Castle Cove classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Castle Cove requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
North Sydney
Northwood Wharf
Greenwich Wharf
Chatswood
Roseville
Lindfield
St Leonards
Artarmon
Wollstonecraft
Waverton
General Points of Interest
Skyview Shopping Plaza
The Village - Balgowlah Stockland
Pelican
Zebra
Wombat
Gordon Centre
Anzac Bridge
Pool
Charles Moore
GPO Colonnade
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 2276 asthma sufferers and 1034 people living with diabetes. In addition, 1101 people have a heart/vascular condition and 1390 people live with three or more chronic diseases.A good place to invest in property?
Willoughby - Castle Cove - Northbridge 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
93 / 100
31 / 100
Industry
66 / 100
22 / 100
Population
43 / 100
19 / 100
House Prices
92 / 100
60 / 100
Jobs
69 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsCastle Cove PS Willoughby GHS Killarney Hts HS
-
St Philip Neri Catholic Primary School
Northbridge, NSW, 2063 Independent K-6 -
Castle Cove Public School
Castle Cove, NSW, 2069 State K-6 -
Farmhouse Montessori School
North Balgowlah, NSW, 2093 Independent K-6 -
Willoughby Public School
Willoughby, NSW, 2068 State K-6 -
Killarney Heights High School
Killarney Heights, NSW, 2087 State 7-12 -
Northbridge Public School
Northbridge, NSW, 2063 State K-6 -
Killarney Heights Public School
Killarney Heights, NSW, 2087 State K-6 -
Glenaeon Rudolf Steiner School
Middle Cove, NSW, 2068 Independent K-12 -
St Thomas' Catholic Primary School
Willoughby, NSW, 2068 Independent K-6
Property Story
2 Cherry Place, Castle Cove, Nsw, 2069 is a residential property with 5 bedrooms, 3 bathrooms and 3 Parking spaces. The estimated value of this home is $3,285,000 while properties of this type typically sell for between $3,900,000 and $3,900,000 in this suburb. The estimated distance to the sea is 4.06km and 0.18KM 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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