Thinking about buying in Jesmond? Now could not be a better time, with 1966 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $741,000 with prices in this suburb ranging from $197,000 to $170,161,000. Jesmond is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $350.19 |
Median Monthly Mortgage | $1722.38 |
Median Persons Per Bedroom | 0.89 |
Average Household Size | 2.44 |
Average Age | 33.81 |
Average Income | $618.94 |
Average Cars Per Dwelling | 1.48 |
Average Properties Within 50M | 36 |
1 Bed  $381,000 |
2 Bed  $510,000 |
3 Bed  $898,000 |
4 Bed  $829,000 |
5 Bed  $849,000 |
6 Bed+$986,000 |
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.
UNIT 5, 52 ROBERT ST, JESMOND, NSW, 2299 | 1 | 1 | 1 | UNDER CONTRACT | |
UNIT 2, 230 NEWCASTLE RD, JESMOND, NSW, 2299 | 1 | 1 | 1 | 320000 |
Heaton Public School
Jesmond Public School
Callaghan College Jesmond Campus
Lambton Public School
St John's Primary School
Our Lady of Victories Primary School
Margaret Jurd College
John Hunter Hospital School
Plattsburg Public School
Callaghan College Wallsend Campus
(While the above schools are located with the suburb of Jesmond there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
05-11-2024 | $671,000 | 63 WILLIAM ST |
04-11-2024 | $605,000 | 4 / 18 JANET ST |
25-10-2024 | $531,000 | 3 / 35 WILLIAM ST |
26-09-2024 | $772,000 | 17 MARY ST |
20-09-2024 | $455,000 | 5 / 154 MICHAEL ST |
20-09-2024 | $600,000 | 13 MORDUE PDE |
13-09-2024 | $470,000 | 20 / 183 MICHAEL ST |
13-09-2024 | $550,000 | 5 / 17 JANET ST |
13-09-2024 | $800,000 | 13 HUGO CL |
06-09-2024 | $795,000 | 1 CAMERON ST |
13-08-2024 | $770,000 | 9 MORDUE PDE |
08-08-2024 | $693,000 | 14 ROBERT ST |
25-07-2024 | $725,000 | 94 BLUE GUM RD |
19-07-2024 | $730,000 | 30 CAMERON ST |
19-07-2024 | $900,000 | 10 FRASER ST |
17-07-2024 | $1,920,000 | 67 WILLIAM ST |
04-07-2024 | $700,000 | 45 HEATON ST |
02-07-2024 | $450,000 | 8 / 36 FRASER ST |
31-05-2024 | $410,000 | 2 / 127 MICHAEL ST |
31-05-2024 | $680,000 | 1 / 30 WILLIAM ST |
29-05-2024 | $440,000 | 3 / 4 SHERELINE AVE |
22-05-2024 | $605,000 | 1 / 11 WILLIAM ST |
21-05-2024 | $405,000 | 3 / 154 MICHAEL ST |
21-05-2024 | $810,000 | 14 SHERELINE AVE |
17-05-2024 | $750,000 | 112 MICHAEL ST |
14-05-2024 | $599,999 | 2 GOODWIN ST |
09-05-2024 | $581,000 | 2 / 11 WILLIAM ST |
08-05-2024 | $735,000 | 3 HOPE ST |
01-05-2024 | $497,000 | 3 / 36 FRASER ST |
26-04-2024 | $545,000 | 1 CAMERON ST |
26-04-2024 | $695,000 | 4 JANET ST |
12-04-2024 | $665,000 | 97 BLUE GUM RD |
08-04-2024 | $780,000 | 2 CAMERON ST |
05-04-2024 | $410,000 | 2 / 160 MICHAEL ST |
28-03-2024 | $675,000 | 10 MARY ST |
26-03-2024 | $765,000 | 25 WILLIAM ST |
19-03-2024 | $350,000 | 1 / 230 NEWCASTLE RD |
19-03-2024 | $445,000 | 5 / 3 SHERELINE AVE |
15-03-2024 | $735,000 | 11 GOTHIC ST |
06-03-2024 | $760,000 | 13 RALPH ST |
01-03-2024 | $665,000 | 43 JANET ST |
29-02-2024 | $550,000 | 1 / 23 ROBERT ST |
28-02-2024 | $610,000 | 3 HILL ST |
20-02-2024 | $720,000 | 9 GOTHIC ST |
15-02-2024 | $760,000 | 41 CAMERON ST |
02-02-2024 | $320,000 | 30 HEATON ST |
19-01-2024 | $550,000 | 6 HARVARD CL |
19-01-2024 | $1,700,000 | 16 ROBERT ST |
18-01-2024 | $850,000 | 1 / 58 STEEL ST |
15-01-2024 | $900,000 | 22 WILLIAM ST |
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