Seahampton Property Management
Seahampton is a tiny suburb of the City of Lake Macquarie local government area north of West Wallsend. It is located 21 km. west of Newcastle’s Central Business District in New South Wales, Australia.
Seahampton started out a coal mining town back in 1890. The coal mine shut down in 1932 during the Great Depression. It never reopened again. It is a pretty little town. It has clean mountain air, is surrounded by bush and situated atop a ridge. It is a wonderful place to escape city pollution and crowd.
Real Estate in Seahampton
Seahampton is a tiny suburb that is growing at a small yet comfortable pace in terms of housing. This area is close to the city yet feels like a country town and hence its residents love it. Its real estate is reasonable. Median selling price for homes in Seahampton is $527,500. There is an annual capital growth of 3.4% in home prices in 2018 compared to 2017. Last year median selling price of homes was $510,000. Total number of homes sold was 7 in 2018. An average home in Seahampton is rented out at $345 per week. Suburb rental yield is growing at 3.4%. Purchased and fully-owned properties constitute 86% of real estate in Edgeworth. 14% of properties are rented out. These figures are as per 2016 data of ABS (Australian Bureau of Statistics).
Property management is good in Seahampton with a good mix of home owners and renters.
Population in Seahampton
Let us look at the family profile here. Seahampton has 81% couples. 37% of these couples do not have children. This is a small and quiet suburb with a population in hundreds. Aging population above the age of 60 is over 35 people. Between 40 to 59 years, there are 80 people, and between 20 to 39 years there are 80 people. The lowest age groups constitute: below 5 years - 35 people and between 5 to 19 years, there are 65 people. Weekly household income is $1500+ for about 45 people. It ranges between $650 to $1499 per week for another 30 people. The rest of the people earn below $649 per week. 64% of the people residing here are employed in either full-time or part-time work. 23% of the citizens are not a part of the labour force yet mostly comprising of children and teenagers. A good 77% of them drive their car to commute to work.
This area is seeing moderate real-estate development in 2019. Few homes are opening up for sales and renting. These homes can be a good option for those looking for buying, leasing or as an investment. Engage a good property manager like No Bull Real Estate to get the best out of your real estate development. They specialise in Property Management which gives you great return at low risk for your property rental.
For further information about real estate deals in this area, do contact No Bull Real Estate, your most reliable and friendly real estate agents in Newcastle.