Minmi Property Management
Minmi is a small outer western suburb of Newcastle in New South Wales, Australia. It is situated 19 km. from the Central Business District (CBD). It has a population of around 743 as per 2016 census. It is thought of as the last remaining mining village in Newcastle. Before white settlement, Minmi area was home to Pambalong people for approximately 40,000 years. Minmi started out as a cattle station in the 1830s. Coal mining commenced in 1850. This used to be a private town of J & A Brown. There was no local government till as late as 1938. It has two churches, a school in Minmi Public School and a courthouse. Minmi has a small sports ground with some tennis facilities. The closest commercial centre is at Maryland. There are limited transport options and most people use cars.
Real Estate in Minmi
Median selling price for houses in Minmi is $592,500. This is at a growth of 11.8% compared to last year. Median selling price of homes in 2017-18 was $530,800. A total of 10 houses were sold in the period of Apr 2018 - Mar 2019. The sale of homes here spikes in the months of January, February, March, August and October. Average rental for homes is $350 per week. Rentals are growing at 3.1% annually. Number of current home rentals is 5. Minmi has real estate investment opportunities for both investment and living and can be a good choice for property management.
Population in Minmi
Minmi has a mix of all age groups. Families include 51% couples, 30% couples with no children and 19% single-parent homes. Age wise, seniors above the age of 60 are about 110 people. Between 40 to 59 years, there are 220 people, and between 20 to 39 years there are around 170 people. Between 5 to 19 years, there are 190 kids and teens. And the same for babies and little kids between 0 to 5 years is about 60. Weekly household income is between $500 and $1499 per week for about 75 people. About 20 people earn between $100 to $499 per week. The same is about $1500 per week for about 135 people. 41% of the suburb’s residents are employed in full-time work while 21% are part-time workers. 79% of them drive their car to work and 3% worked from home. 31% of them are not in labour force accounting for the students and babies and 2% people are unemployed. As far as homes are concerned, 30% homes are fully owned. 55% people are purchasing homes and 15% are renting accommodations. When we look at dwelling structures, 95% are separate houses and 4% are semis/terraces. All stats are as per 2016.
If you are looking for property managers, No Bull Real Estate is the perfect choice for you. They specialise in Property Management and 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 & Lake Macquarie. Buying, selling, leasing for residential, commercial, industrial property, contact your local expert to buy, sell or lease today on 49552624 or www.nobullrealestate.com.au