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70 Georgetown Road,
Georgetown NSW 2298

This property is Off Market

All about Georgetown Homes for sale in Georgetown


  • Last sold 12/20/2023 for $735,255. The Average property price in this area is $1,187,259, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 3.97 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Waratah - North Lambton

With an average age of 36, households expect an average monthly mortgage payment of $1,895 or a weekly rent payment of $428. The average family earns a weekly income of $2,323 with a typical household size of 2.2 and a 93.39% employment rate.

In Georgetown 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 Georgetown 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. The slightly lower than average earnings from occupations in Georgetown changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Georgetown 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 Georgetown 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 Georgetown a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1748 asthma sufferers and 631 people living with diabetes. In addition, 552 people have a heart/vascular condition and 1359 people live with three or more chronic diseases.

A good place to invest in property?

Waratah - North Lambton 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

22 / 100

31 / 100

Industry

17 / 100

22 / 100

Population

15 / 100

19 / 100

House Prices

54 / 100

60 / 100

Jobs

23 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Waratah PS Callaghan Waratah Tech Callaghan Jesmond
  • Waratah Public School

    Waratah, NSW, 2298 State P-6

  • Callaghan College Waratah Campus

    Waratah, NSW, 2298 State 7-10

  • Lambton High School

    Lambton, NSW, 2299 State 7-12

  • Newcastle Senior School

    Waratah, NSW, 2298 State U

  • Hamilton North Public School

    Broadmeadow, NSW, 2292 State K-6

  • St Philip's Christian College - Waratah

    Waratah, NSW, 2298 Independent K-12

  • Newcastle Middle School

    Waratah, NSW, 2298 State U

  • St Philip's Christian College DALE

    Waratah, NSW, 2298 Independent U

  • Corpus Christi Primary School

    Waratah, NSW, 2298 Independent K-6

  • St Philip's Christian College DALE Young Parents

    Waratah, NSW, 2298 Independent 9-12


Property Story

70 Georgetown Road, Georgetown, Nsw, 2298 is a residential property with 3 bedrooms, 1 bathrooms and Parking spaces. The estimated value of this home is $410,000 while properties of this type typically sell for between $675,000 and $1,265,000 in this suburb. The estimated distance to the sea is 3.97km and at least 2.46KM 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

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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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