3 Hope Street, Jesmond NSW 2299
This property is Off Market
- Last sold 5/8/2024 for $735,000. 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 6.78 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
- 10/23/2024 29 WILLIAM ST $805,000
- 9/26/2024 17 MARY ST $772,000
- 9/20/2024 154 MICHAEL ST $455,000
- 9/20/2024 13 MORDUE PDE $600,000
- 9/13/2024 183 MICHAEL ST $470,000
About Shortland - Jesmond
With an average age of 30, households expect an average monthly mortgage payment of $1,605 or a weekly rent payment of $375. The average family earns a weekly income of $1,819 with a typical household size of 2.5 and a 89.68% 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
Waratah
Kotara
Sandgate
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 8%)
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
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School CatchmentsCallaghan Waratah Tech Callaghan Jesmond Jesmond PS
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Heaton Public School
Jesmond, NSW, 2299 State K-6 -
Lambton Public School
Lambton, NSW, 2299 State K-6 -
Newcastle Middle School
Waratah, NSW, 2298 State U -
Waratah West Public School
Waratah West, NSW, 2298 State K-6 -
Our Lady of Victories Primary School
Shortland, NSW, 2307 Independent K-6 -
Callaghan College Jesmond Senior Campus
Jesmond, NSW, 2299 State 11-12 -
Jesmond Public School
Jesmond, NSW, 2299 State K-6 -
John Hunter Hospital School
New Lambton Heights, NSW, 2305 State -
St John's Primary School
Lambton, NSW, 2299 Independent K-6 -
Margaret Jurd College
Shortland, NSW, 2307 Independent U
Property Story
3 Hope Street, Jesmond, Nsw, 2299 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 6.78km and 0.46KM 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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