38 Babers Road Cooranbong NSW 2265

3 / 2 / 2 / 490 m2

Here you can find what you need to know about 38 Babers Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Cooranbong, NSW and much more.

Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265
Property photo of 38 Babers Road Cooranbong NSW 2265

Property Insights

38 Babers Road Estimated Value

$487,000 - $560,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $489,000 on 12/06/2020

Sale Type: Unknown

Mortgage
Repayment
$408 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 2
Car Spaces 2
Land Size 490 m2
Floor Area 115 m2
House Type House
Council Area Lake Macquarie
Year Built 2007
Zone Residential
Lot/Plan 103/DP1090382 Cooranbong NSW
Property Type House

Last listing description (June 2020)

Location, Convenience, Lifestyle
Situated in an extremely convenient location in a quiet residential area, this contemporary family home will hold plenty of appeal to retirees, first home buyers, young families and investors alike. With nothing more to spend, you can move right in or rent out for a potential $420 per week.

The nicely appointed family home is a pleasant walk from the local primary school, shops, cafes, parks, medical services, public transport and other essential services, and a short drive from the Morisset mainline train station and the M1.

Sitting on a private 490m2 (approx.) block the home features:
- a spacious family/living room with sliding doors that open out to the alfresco and private backyard
- well-appointed, contemporary kitchen with gas cooktop and dishwasher
- European laundry
- 3-bedrooms, all with built-in-robes
- centrally located bathroom and ensuite to the master bedroom
- split-system air-conditioning for year round comfort
- double lock-up garages with rear access, perfect for parking the trailer
- private, fenced backyard with plenty of space for the children to play
- garden shed
- in-built alarm system
- water tank and gas hot water

An easy 10-minute drive to gorgeous Lake Macquarie, one-hour to the outskirts of Sydney and 45 minutes to the ever-popular harbour city of Newcastle and the Hunter Valley Vineyards. 38 Babers Rd is great family friendly home in a super convenient location. Call the team at Wilson Britten to arrange your inspection or check the website for open home times.

Property Timeline

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Comparable properties


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State Auction Clearance Rates - August 2020

Auctions Clearance rate
NSW 703 58%
ACT 51 73%
NT 5 60%
QLD 175 37%
SA 47 55%
TAS 0 0%
VIC 308 64%
WA 20 25%

Suburb Insights

Cooranbong, NSW 2265

No data available Part of: Lake Macquarie Council

Get neighbourhood info and insights with our Suburb Profile

View Cooranbong Suburb Profile View properties in Cooranbong

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 38 Babers Road, including the property sale history and estimated market value as well as insights into Babers Road and Cooranbong 38 Babers Road Cooranbong NSW 2265