Awaba Real Estate
Awaba is a town in the city of Lake Macquarie in New South Wales. It is located inland from Toronto and has a population of 348 people according to the 2016 Population census. The town was established in 1885 and its name has aboriginal origins and means flat or plain surface referring to Lake Macquarie. In 1885 a timber depot was established in Awaba. The early settlers were timber workers. A large saw mail was established then. The railway station opened in 1887. Initially the small town was inhabited by railway contractors and those running small businesses. Awaba State Coal Mine was established in 1948. The town’s first public school was opened in 1891. Awaba is a quiet and peaceful small town in New South Wales suitable for both families and singles.
Real Estate in Awaba
Median selling price for houses here is $790,000. This is at a whopping growth of 67.4% in 2019 compared to last year. Median selling price of homes in the previous year was $472,000. Total number of homes sold was 4 in 2019. Home sales peak from February to June every year. Awaba is good for property management due to availability of homes for sale.
Population in Awaba
This suburb has a mix of the young and the old people. There are 50% couples, 28% are couples with no children and 16% are single-parent families. Seniors above the age of 60 are over 70 people. Between 40 to 59 years, there are 135 people, and between 20 to 39 years there are more than 80 people. Below 5 years, there are about 40 babies and toddlers while between 5 to 19 years, there are about 90 children.
Income in Awaba
Weekly household income is $1500+ for about 70 households. The same is between $500 to $1499 per week for another 50 households. About 20 households earn below $500 per week. 38% of the suburb’s residents are employed in full-time work, 23% in part-time work, 2% are unemployed and 30% are not in labour force accounting for children and babies. These figures are as per 2011 statistics. 76% of them drive their car to work and 4% worked at home.
Homes in Awaba
There are 100% separate houses as types of dwellings. No flats or semis are available here. 37% homes are fully owned, 53% are purchasing homes and 8% 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 sales 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 & 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