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102 Fairley Road,
Reedy Lake VIC 3579

This property is Off Market

All about Reedy Lake Homes for sale in Reedy Lake


  • The Average property price in this area is $402,677, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 253.64 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Gannawarra

With an average age of 54, households expect an average monthly mortgage payment of $945 or a weekly rent payment of $188. The average family earns a weekly income of $1,781 with a typical household size of 2.4 and a 92.03% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Reedy Lake due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Reedy Lake changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Reedy Lake the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 835 asthma sufferers and 494 people living with diabetes. In addition, 543 people have a heart/vascular condition and 874 people live with three or more chronic diseases.

A good place to invest in property?

Gannawarra 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

32 / 100

52 / 100

Industry

02 / 100

17 / 100

Population

10 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

23 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Kerang Technical High School Kerang Primary School
  • Kerang Technical High School

    Kerang, VIC, 3579 State 7-12

  • Barham Public School

    Barham, NSW, 2732 State K-6

  • Koondrook Primary School

    Koondrook, VIC, 3580 State Prep-6

  • St Joseph's School

    Kerang, VIC, 3579 Independent Prep-6

  • Kerang Primary School

    Kerang, VIC, 3579 State Prep-6

  • Kerang South Primary School

    Kerang, VIC, 3579 State Prep-6

  • Barham High School

    Barham, NSW, 2732 State 7-12

  • Kerang Christian College

    Kerang, VIC, 3579 Independent Prep-12

  • Murrabit Group School

    Murrabit, VIC, 3579 State Prep-6

  • Lake Charm Primary School

    Lake Charm, VIC, 3581 State Prep-6


Property Story

102 Fairley Road, Reedy Lake, Vic, 3579 is a residential property . The estimated distance to the sea is 253.64km and 0.2KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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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

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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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