This property is Off Market
With an average age of 39, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $264. The average family earns a weekly income of $2,654 with a typical household size of 3 and a 100.0% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Selby ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Selby provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Selby necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Selby we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Selby a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Belgrave - Selby a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
60 / 100
52 / 100
Industry
13 / 100
17 / 100
Population
32 / 100
32 / 100
House Prices
62 / 100
70 / 100
Jobs
36 / 100
34 / 100
Incidents Trend State Average
Upwey Primary School
Upwey, VIC, 3158 State Prep-6
Belgrave Heights Christian School
Belgrave Heights, VIC, 3160 Independent Prep-12
Mater Christi College
Belgrave, VIC, 3160 Independent 7-12
Upwey High School
Upwey, VIC, 3158 State 7-12
The Patch Primary School
The Patch, VIC, 3792 State Prep-6
Belgrave South Primary School
Belgrave South, VIC, 3160 State Prep-6
St Thomas More's School
Belgrave, VIC, 3160 Independent Prep-6
Selby Primary School
Selby, VIC, 3159 State Prep-6
Menzies Creek Primary School
Menzies Creek, VIC, 3159 State Prep-6
Tecoma Primary School
Tecoma, VIC, 3160 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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