Jesmond Real Estate, NSW, 2299 Newcastle

Thinking about buying in Jesmond? Now could not be a better time, with a whopping 1890 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $534,000 with prices in this suburb ranging from $260,000 to $967,000.

Distance to the coast is 6 Km.

Jesmond Real Estate Market Outlook

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.

About

Properties For Sale

Elders Real Estate 29 STEEL ST, JESMOND, NSW, 2299 3 2 1 Guide $695,000
PRD 17 HUGO CL, JESMOND, NSW, 2299 3 1 1 Guide $550,000
RayWhite 11 HUGO CL, JESMOND, NSW, 2299 5 1 1 Guide $690,000

Local Schools


Callaghan College Jesmond Campus

Jesmond Public School

Heaton Public School

(While the above schools are located with the suburb of Jesmond there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

21-06-2022 $830,000 87 BLUE GUM RD JESMOND 2299
16-06-2022 $615,000 5 / 18 JANET ST JESMOND 2299
10-06-2022 $436,000 3 / 8 HARVARD CL JESMOND 2299
10-06-2022 $685,000 11 SHERELINE AVE JESMOND 2299
09-06-2022 $660,000 98 BLUE GUM RD JESMOND 2299
26-05-2022 $685,000 18 FRASER ST JESMOND 2299
24-05-2022 $520,000 1 / 44 HEATON ST JESMOND 2299
19-05-2022 $410,000 1 / 8 HARVARD CL JESMOND 2299
12-05-2022 $815,000 194 MICHAEL ST JESMOND 2299
11-05-2022 $800,000 81 BLUE GUM RD JESMOND 2299
11-05-2022 $800,000 81 BLUE GUM RD JESMOND 2299
02-05-2022 $710,000 12 CAMERON ST JESMOND 2299
26-04-2022 $431,000 7 / 160 MICHAEL ST JESMOND 2299
21-04-2022 $500,000 7 / 8 GOODWIN ST JESMOND 2299
20-04-2022 $630,000 80 MICHAEL ST JESMOND 2299
20-04-2022 $630,000 80 MICHAEL ST JESMOND 2299
20-04-2022 $630,000 80 MICHAEL ST JESMOND 2299
14-04-2022 $515,000 10 / 8 GOODWIN ST JESMOND 2299
25-03-2022 $3,575,000 23 BLUE GUM RD JESMOND 2299
25-03-2022 $550,000 2 / 8 STEEL ST JESMOND 2299
17-03-2022 $850,000 41 HEATON ST JESMOND 2299
04-03-2022 $370,000 6 / 1 HARVARD CL JESMOND 2299
01-03-2022 $366,100 3 / 52 ROBERT ST JESMOND 2299
01-03-2022 $810,000 2 STEEL ST JESMOND 2299
17-02-2022 $520,000 1 / 7 JANET ST JESMOND 2299
11-02-2022 $483,000 32 ROBERT ST JESMOND 2299
10-02-2022 $760,000 64 CAMERON ST JESMOND 2299
02-02-2022 $296,000 4 / 8 HARVARD CL JESMOND 2299
25-01-2022 $307,500 11 / 230 NEWCASTLE RD JESMOND 2299
24-01-2022 $765,000 12 JANET ST JESMOND 2299
21-01-2022 $860,000 29 CAMERON ST JESMOND 2299
21-01-2022 $860,000 29 CAMERON ST JESMOND 2299
17-01-2022 $400,112 2 / 160 MICHAEL ST JESMOND 2299
14-01-2022 $361,501 4 / 3 HARVARD CL JESMOND 2299
11-01-2022 $400,000 1 / 4 SHERELINE AVE JESMOND 2299
07-01-2022 $770,000 19 WILLIAM ST JESMOND 2299
21-12-2021 $630,000 6 / 240 NEWCASTLE RD JESMOND 2299
15-12-2021 $665,000 3 HEATON ST JESMOND 2299
15-12-2021 $625,145 28 MARY ST JESMOND 2299
15-12-2021 $625,145 28 MARY ST JESMOND 2299
15-12-2021 $625,145 28 MARY ST JESMOND 2299
13-12-2021 $761,259 43 MORDUE PDE JESMOND 2299
03-12-2021 $622,500 4 / 240 NEWCASTLE RD JESMOND 2299
19-11-2021 $610,000 36 MARY ST JESMOND 2299
16-11-2021 $2,550,000 1 / 21 WILLIAM ST JESMOND 2299
16-11-2021 $2,550,000 2 / 21 WILLIAM ST JESMOND 2299
16-11-2021 $2,550,000 3 / 21 WILLIAM ST JESMOND 2299
16-11-2021 $2,550,000 4 / 21 WILLIAM ST JESMOND 2299
16-11-2021 $2,550,000 5 / 21 WILLIAM ST JESMOND 2299
16-11-2021 $2,550,000 6 / 21 WILLIAM ST JESMOND 2299

Internet Speed

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