7 Mort Street, Shortland NSW 2307
This property is Off Market
- Last sold 9/14/2018 for $430,000. 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 8.16 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 64 KING ST $404,000
- 10/17/2024 30 LOVELL PDE $740,000
- 10/17/2024 10 MORT ST $433,000
- 10/16/2024 66 MARSDEN ST $870,000
- 10/16/2024 26 MORT ST $720,000
About Shortland - Jesmond
With an average age of 34, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $380. The average family earns a weekly income of $1,786 with a typical household size of 2.4 and a 93.26% employment rate.
In Shortland 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 Shortland 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 Shortland 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 Shortland 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 Shortland a better buying opportunity than it may have been in the past.
Public Transport
Waratah
General Points of Interest
Junction Fair
Genesis Fitness
Tuff'n Up Boxing Gym
Visitor Centre
Emu Exhibit
Newcastle Entertainment Centre
Newcastle District Tennis Club
Charlestown Square
Newcastle Golf Club
Newcastle International Paceway
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 CatchmentsCallaghan Jesmond Shortland PS Callaghan Waratah Tech
Property Story
7 Mort Street, Shortland, Nsw, 2307 is a residential property with 3 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated value of this home is $620,000 while properties of this type typically sell for between $520,000 and $775,000 in this suburb. The estimated distance to the sea is 8.16km and at least 1.27KM 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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