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15 ERIC ROAD, ARTARMON, NSW, 2064
This property is Off Market
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Last sold 7/27/2022
for $1,000,000
Average property sold price $1,952,630
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 4.99 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
About Chatswood (East) - Artarmon
With an average age of 33, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $545. The average family earns a weekly income of $2,442 with a typical household size of 2.2 and a 93.8% employment rate.
Consistent high demand relative to supply is a key feature in Artarmon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Artarmon due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Artarmon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Artarmon requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
General Points of Interest
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1906 asthma sufferers and 1011 people living with diabetes. In addition, 1002 people have a heart/vascular condition and 1317 people live with three or more chronic diseases.A good place to invest in property?
Chatswood (East) - Artarmon 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
43 / 100
31 / 100
Industry
69 / 100
22 / 100
Population
58 / 100
19 / 100
House Prices
86 / 100
60 / 100
Jobs
71 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School Catchments
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St Pius X College
Chatswood, NSW, 2067 Independent 5-12 -
Our Lady of Dolours Catholic Primary School
Chatswood, NSW, 2067 Independent K-6 -
Bradfield College
St Leonards, NSW, 2065 State 11-12 -
Chatswood High School
Chatswood, NSW, 2067 State 6-12 -
Lane Cove Public School
Lane Cove, NSW, 2066 State K-6 -
Artarmon Public School
Artarmon, NSW, 2064 State K-6 -
International Chinese School
Chatswood, NSW, 2067 Independent K-4 -
Chatswood Public School
Chatswood, NSW, 2067 State K-6 -
Currambena Primary School
Lane Cove, NSW, 2066 Independent K-6 -
St Michael's Catholic Primary School
Lane Cove, NSW, 2066 Independent K-6
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
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Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.
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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