7 Enterprise Drive, Tomago NSW 2322
This property is Off Market
- Last sold 1/31/2020 for $955,000. The Average property price in this area is $1,679,432, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 3.75 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
- 2/27/2024 10 FORESIGHT AVE $1,150,000
- 1/18/2024 11 MARTIN DR $2,450,000
- 11/24/2023 22 ENTERPRISE DR $500,000
- 10/31/2023 21 KENNINGTON DR $4,900,000
- 10/16/2023 657 TOMAGO RD $2,900,000
About Raymond Terrace
With an average age of 60, households expect an average monthly mortgage payment of $2,297 or a weekly rent payment of $250. The average family earns a weekly income of $1,107 with a typical household size of 1.7 and a 87.95% employment rate.
In Tomago 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 Tomago 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 Tomago 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. 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 Tomago 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 Tomago a better buying opportunity than it may have been in the past.
Public Transport
Waratah
Hexham
Sandgate
Thornton
Beresfield
Warabrook
Tarro
Newcastle Interchange
Broadmeadow
Hamilton
General Points of Interest
Valkryie Functional Training
Genesis Fitness
Visitor Centre
Ray Watt Pavilion (RWOP)
Number 2 Oval
Newcastle University Diving and Exploration Society
King Park Sporting Complex
Muree Golf Course
Hunter District Cycling Club
Newcastle Golf Club
Population
(Country of Birth not stated 21%)
Are people healthy?
There are a recorded 2270 asthma sufferers and 822 people living with diabetes. In addition, 795 people have a heart/vascular condition and 2139 people live with three or more chronic diseases.A good place to invest in property?
Raymond Terrace 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
13 / 100
31 / 100
Industry
12 / 100
22 / 100
Population
13 / 100
19 / 100
House Prices
45 / 100
60 / 100
Jobs
17 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRaymond Terrace PS Hunter River HS
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Irrawang High School
Raymond Terrace, NSW, 2324 State 7-12 -
Mayfield West Public School
Mayfield, NSW, 2304 State P-6 -
Fern Bay Public School
Fern Bay, NSW, 2295 State K-6 -
St Brigid's Primary School
Raymond Terrace, NSW, 2324 Independent K-6 -
Raymond Terrace Public School
Raymond Terrace, NSW, 2324 State K-6 -
Woodberry Learning Centre
Woodberry, NSW, 2322 State U -
Hunter River High School
Heatherbrae, NSW, 2324 State 7-12 -
Wetlands Environmental Education Centre
Shortland, NSW, 2307 State -
Irrawang Public School
Raymond Terrace, NSW, 2324 State P-6
Property Story
7 Enterprise Drive, Tomago, Nsw, 2322 is a residential property . The estimated distance to the sea is 3.75km and 0.19KM 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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