Unit 7, 5 Marks Point ROAD Marks Point NSW 2280
This property is Off Market
- Last sold 10/17/2022 for $530,000. The Average property price in this area is $928,147, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.13 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 4/2/2024 3 MARKS POINT RD $590,000
- 3/19/2024 75 MARKS POINT RD $5,100,000
- 3/14/2024 33 HADDON CRES $680,000
- 2/22/2024 22 EMILY ST $543,000
- 1/31/2024 804 PACIFIC HWY $1,900,000
About Belmont South - Blacksmiths
With an average age of 51, households expect an average monthly mortgage payment of $1,423 or a weekly rent payment of $220. The average family earns a weekly income of $1,181 with a typical household size of 1.8 and a 92.31% employment rate.
In Marks Point 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 Marks Point 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 Marks Point 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 Marks Point 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
Morisset
General Points of Interest
Macquarie City Croquet Club
Belmont Golf Club
Belmont Golf & Bowls
Westlakes Automobile Club
Myuna Bay NSW Sport & Recreation Centre
'Wade'
Catalina War Memorial
Skydive Sydney - Newcastle
Toronto Country Club
Toronto Baths
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 782 asthma sufferers and 437 people living with diabetes. In addition, 425 people have a heart/vascular condition and 977 people live with three or more chronic diseases.A good place to invest in property?
Belmont South - Blacksmiths 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
15 / 100
31 / 100
Industry
07 / 100
22 / 100
Population
09 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
13 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMarks Pt PS Swansea HS
-
Marks Point Public School
Marks Point, NSW, 2280 State K-6 -
Pelican Flat Public School
Pelican, NSW, 2281 State K-6 -
St Francis Xavier's Primary School
Belmont, NSW, 2280 Independent K-6 -
Blacksmiths Public School
Blacksmiths, NSW, 2281 State K-6 -
Belmont Public School
Belmont, NSW, 2280 State K-6 -
Coal Point Public School
Coal Point, NSW, 2283 State K-6 -
Belmont North Public School
Belmont, NSW, 2280 State K-6
Property Story
Unit 7, 5 Marks Point Road, Marks Point, Nsw, 2280 is a residential property . The estimated distance to the sea is only 1.13km and 0.06KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
