Argenton Real Estate
Argenton is a suburb of the city of Lake Macquarie in New South Wales, Australia. It is 16 km. to the west of Newcastle's central business district (CBD) in Lake Macquarie's West Ward. Its population is 1,351 as per 2016 figures. In 1898, lead smelting started here. The Cockle Creek Smelter later closed down leading to a loss of livelihood for 360 people. But it brought relief in the form of reduced pollution. First public school opened in 1897 which shut down after a few years. Another school opened in 1953. The Newcastle Mines Rescue Station opened in 1927. The Waratah Golf Club, the oldest golf club in Newcastle, was formed in 1901. Argenton is very small but distinctly known for its BMX Club, Soccer Club and an old Bakery that claimed to have the best meat pie in Australia. Since the opening of Glendale Supercentre within Argenton, more people transit through the suburb.
Real Estate in Argenton
Median selling price for houses here is $382,500. This is at a fall of 8.1% in 2019 compared to last year. Median selling price of homes in the previous year was $425,000. Total sales of homes was 22 in the period April 2019 – March 2020. Home sales peak in July, August and September every year. The median rent for homes is $375 per week at a growth rate of 5.1%. This is for 27 homes that went on rent in the last 12 months. Medium selling prices of units is $510,000. This is at a high increase of 52.2% from the previous median selling price of $335,000 the previous year. This was based on 4 sales in the the April 2019 – March 2020 period. Medium rent for units is $275 per week at a growth rate of 2,8%. This is based on the rent of 6 units in the last 12 months. Argenton is good for property management as you can buy and sell homes and units currently.
Population in Argenton
This suburb has a mix of young and the old people. There are 33% couples, 33% are couples with no children and 30% are single-parent families. Seniors above the age of 60 are over 370 people. Between 40 to 59 years, there are 330 people, and between 20 to 39 years there are more than 360 people. Below 5 years, there are about 90 babies and toddlers while between 5 to 19 years, there are about 220 children.
Income in Argenton
Weekly household income is $1500+ for about 140 households. The same is between $500 to $1499 per week for another 240 households. About 100 households earn below $500 per week. 30% of the suburb’s residents are employed in full-time work, 13% in part-time work, 5% are unemployed and 45% are not in labour force accounting for children and babies. These figures are as per 2011 statistics. 71% of them drive their car to work and 3% worked at home.
Homes in Argenton
There are 85% separate houses as types of dwellings. 10% semis and 4% flats are available here. 31% homes are fully owned, 29% are purchasing homes and 35% are living in rented accommodation. Real estate here is good for both investment and rental purposes. No Bull Real Estate is a well-known real-estate agent with a credible reputation. They specialise in Property Management and help you in getting good real estate investments.
For further information about real estate in this area, contact No Bull Real Estate, your most reliable and friendly real estate agents in Newcastle and Lake Macquarie. Buying, selling, leasing for residential, commercial, industrial property, contact your local expert to buy, sell or lease today on 49552624 or https://www.nobullrealestate.com.au