5 Michael Drive, Salt Ash NSW 2318
This property is Off Market
- Last sold 3/14/2023 for $1,200,000. The Average property price in this area is $1,082,004, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.59 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
- 10/10/2024 9 MICHAEL DR $1,400,000
- 9/4/2024 413 LEMON TREE PASSAGE RD $1,060,000
- 8/19/2024 542 LEMON TREE PASSAGE RD $930,000
- 8/1/2024 52 ROOKES RD $1,060,000
- 6/28/2024 1 RECLUSE PL $1,200,000
About Williamtown - Medowie - Karuah
With an average age of 44, households expect an average monthly mortgage payment of $2,080 or a weekly rent payment of $415. The average family earns a weekly income of $1,759 with a typical household size of 2.8 and a 95.28% 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 Salt Ash 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 Salt Ash 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 Salt Ash to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Salt Ash 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 Salt Ash a better buying opportunity than it may have been in the past.
Public Transport
Waratah
Sandgate
Newcastle Beach
Queens Wharf
Crown Street
Civic
Honeysuckle
Newcastle Interchange
Hamilton
Queens Wharf, Newcastle
General Points of Interest
Pacific Dunes Golf Course
Tilligery RSL Sports Club
Tanilba Bay Golf Course
Medowie Tennis Club
Sand Dune Adventures - Quad Bike Parking
Sand Dune Adventures - Quad Biking & Sandboarding
Tin City
Williamtown Fitness Centre
Tomteland Leisure Park
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 1683 asthma sufferers and 594 people living with diabetes. In addition, 760 people have a heart/vascular condition and 1577 people live with three or more chronic diseases.A good place to invest in property?
Williamtown - Medowie - Karuah 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
30 / 100
31 / 100
Industry
15 / 100
22 / 100
Population
22 / 100
19 / 100
House Prices
60 / 100
60 / 100
Jobs
29 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsHunter River HS Salt Ash PS
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Wirreanda Public School
Medowie, NSW, 2318 State K-6
Property Story
5 Michael Drive, Salt Ash, Nsw, 2318 is a residential property with 5 bedrooms, 3 bathrooms and 4 Parking spaces. The estimated value of this home is $1,400,000. The estimated distance to the sea is 4.59km and 0.17KM 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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