Thinking about buying in Seven Oaks? Now could not be a better time, with just 39 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $869,000 with prices in this suburb ranging from $532,000 to $907,000. Seven Oaks is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Seven Oaks 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 Seven Oaks 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 Seven Oaks 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 Seven Oaks 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.
176 SMITHTOWN RD, SEVEN OAKS, NSW, 2440 | 4 | 2 | 4 | Auction - If Not Sold Prior |
Smithtown Public School
Gladstone Public School
(While the above schools are located with the suburb of Seven Oaks 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 | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
22-04-2024 | $750,000 | 176 SMITHTOWN RD |
12-12-2023 | $730,000 | 111 SMITHTOWN RD |
30-01-2023 | $730,000 | 176 SMITHTOWN RD |
10-12-2021 | $650,000 | 253 SMITHTOWN RD |
23-07-2020 | $420,000 | 253 SMITHTOWN RD |
14-08-2018 | $380,000 | 111 SMITHTOWN RD |
01-05-2017 | $555,000 | 1482 PACIFIC HWY |
23-05-2016 | $374,000 | 1403 PACIFIC HWY |
17-07-2015 | $550,000 | 61 TWO HILLS LANE |
22-05-2015 | $442,500 | 43 SMITHTOWN RD |
19-05-2015 | $85,000 | 1399 PACIFIC HWY |
29-06-2012 | $315,000 | 1451 PACIFIC HWY |
28-10-2011 | $495,000 | 176 SMITHTOWN RD |
20-08-2008 | $450,000 | 1399 PACIFIC HWY |
08-08-2008 | $7,700 | 156 SMITHTOWN RD |
30-11-2007 | $390,000 | 253 SMITHTOWN RD |
28-09-2007 | $575,000 | 255 SMITHTOWN RD |
01-12-2006 | $206,000 | 1451 PACIFIC HWY |
08-07-2005 | $305,000 | 111 SMITHTOWN RD |
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