8 Sparke Street, Hexham NSW 2322
This property is Off Market
- Last sold 11/23/2018 for $1,350,000. The Average property price in this area is $3,154,645, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 7.25 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
- 9/25/2024 64 OLD MAITLAND RD $4,250,000
- 10/17/2023 39 MAITLAND RD $360,000
- 7/4/2023 10 MERCHANT ST $470,000
- 6/14/2023 173 OLD MAITLAND RD $540,000
- 5/24/2023 139 OLD MAITLAND RD $550,000
About Beresfield - Hexham
With an average age of 35, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $310. The average family earns a weekly income of $1,416 with a typical household size of 2.4 and a 87.0% employment rate.
In Hexham 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 Hexham 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 Hexham 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. With very low industrial sector presence in Hexham the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Waratah
General Points of Interest
Valkryie Functional Training
Genesis Fitness
Visitor Centre
Emu Exhibit
Newcastle Entertainment Centre
Number 2 Oval
Newcastle District Tennis Club
Scott Munro
WellFit
Newcastle International Paceway
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 1500 asthma sufferers and 600 people living with diabetes. In addition, 549 people have a heart/vascular condition and 1430 people live with three or more chronic diseases.A good place to invest in property?
Beresfield - Hexham 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
09 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
43 / 100
60 / 100
Jobs
06 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsShortland PS Callaghan Waratah Tech Callaghan Jesmond
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Margaret Jurd College
Shortland, NSW, 2307 Independent U -
Shortland Public School
Shortland, NSW, 2307 State K-6 -
Our Lady of Victories Primary School
Shortland, NSW, 2307 Independent K-6 -
Glendore Public School
Maryland, NSW, 2287 State K-6 -
Mayfield West Public School
Mayfield, NSW, 2304 State P-6 -
Callaghan College Wallsend Campus
Wallsend, NSW, 2287 State 7-10 -
Wetlands Environmental Education Centre
Shortland, NSW, 2307 State -
Maryland Public School
Maryland, NSW, 2287 State K-6 -
Heaton Public School
Jesmond, NSW, 2299 State K-6 -
Waratah West Public School
Waratah West, NSW, 2298 State K-6
Property Story
8 Sparke Street, Hexham, Nsw, 2322 is a residential property . The estimated distance to the sea is 7.25km and 0.36KM 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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