Jesmond Real Estate
Jesmond is a suburb of Newcastle in New South Wales, Australia. It is 9.5 km. away from Newcastle CBD (Central Business District) in the Hunter Region of City of Newcastle. The suburb’s area is 1.2 square kilometres. Its population was 2,607 people in 2011 which went up to 3,055 in 2016 at an increase of 17.2% in 5 years.
This suburb has a large population of students studying in the nearby University of Newcastle in Callaghan. There is also a number of retirees living here due to its good senior housing availability. First people here were Awabakal, the Aboriginal people. This suburb was a village with 600 people in 1883. It had saw mills and orchards.
The suburb is preferred by youngsters, families, has commercial centre with many shopping options, good schools and nice transport options. There are two public parks here for recreation.
It is a friendly neighbourhood with good options to buy and sell homes.
Real Estate in Jesmond
Median selling price for houses here is $481,000 in August 2020. This is at slight dip of -1.84% in the period June 2019 – June 2020 as compared to last year. Median selling price of homes in August 2019 was $490,000. Total annual sales of homes was 24 in August 19-August 20.
The median rent for homes is $385 per week in August 20. Three houses were listed for rent in the last month on the market.
Median selling price for units here is $322,500 in August 2020. This is at an increase of 5.74% in the period June 2019 – June 2020 as compared to last year. Median selling price of units in June 2019 was about $305,000. Total annual sales of units was 22 in the August 19-August 20 time period. Twelve units were listed for rent in the last one month for a rent of $350 per week.
Jesmond is reasonable for property management as you can buy and sell homes and units currently.
Population in Jesmond
This suburb is home to more families. There are 29% childless couples, 43% couples with children and 22% single-parent families.
Seniors above the age of 60 are 17% people. Between 40 to 59 years, there are about 17% people, and between 20 to 39 years there are about 44% people. Up to 19 years, there are about 23% babies and children.
The maximum people here are in the 20-29 years age group. Couples with children are the primary age group here. Mortgage repayments range from $1400 - $1799 per month. Professionals love this suburb.
Income in Jesmond
Household income is up to $52,000 for about 52% households. The same is between $52,000 and $130,000 for another 33% households. The rest earn between $132,000 to $182,000.
Homes in Jesmond
18% homes are fully owned, 12% are purchasing homes and 66% are living in rented accommodation.
Real estate here is good for both investment and rental purposes with decent increase in prices. 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, do 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