Maryland Real Estate
Maryland is a suburb of Newcastle in New South Wales, Australia. It is 14 km. from Newcastle’s CBD (Central Business District). The suburb’s area is 2.6 square kilometres. Its population was 7,786 people in 2011 which went down to 7,677 in 2016 at a marginal decline of 1.4% in 5 years.
This suburb was primarily agricultural initially but become more developed from the 1970s onwards.
The suburb is preferred by singles and families for being clean and green, for a great community and for having good transport options. There are 2 public and one private schools, day care centres along with a shopping complex. There are 12 public parks as well as sporting fields here for recreation.
It is a friendly neighbourhood with good options to buy, sell and rent homes.
Real Estate in Maryland
Median selling price for houses here is $505,000 in September 2020. This is at an increase of 1% in the period September 2019 – September 2020 as compared to last year. Median selling price of homes in September 2019 was $500,000. Total annual sales of homes was 115 in period ending September 20.
The median rent for homes is $450 per week in September 20. Five houses were listed for rent in the last month on the market.
Median selling price for units here is about $390,000 in September 2020. The change in price was -6.36% in April 2020 compared to the price in the previous year. Total annual sales of units was 12 in the period ending September 20. Two units were listed for rent in the last one month for a rent of $360 per week.
Maryland is reasonable for property management as you can buy and sell homes and units currently.
Population in Maryland
This suburb is home to more couples with children. There are 31% childless couples, 50% couples with children and 18% single-parent families.
Seniors above the age of 60 are 18% people. Between 40 to 59 years, there are about 28% people, and between 20 to 39 years there are about 26% people. Up to 19 years, there are about 28% babies and children.
The maximum people here are in the 10-19 years age group. Couples with children are the primary age group here. Mortgage repayments range from $1800 - $2399 per month. Traders love this suburb.
Income in Maryland
Household income is up to $52,000 for about 29% households. The same is between $52,000 and $130,000 for another 44% households. The rest earn between $132,000 to $182,000.
Homes in Maryland
30% homes are fully owned, 46% are purchasing homes and 21% 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, 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