This property is Off Market
With an average age of 33, households expect an average monthly mortgage payment of $2,084 or a weekly rent payment of $456. The average family earns a weekly income of $2,343 with a typical household size of 2.1 and a 96.3% 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 Bentleigh 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. The high percentage of professional people in Bentleigh classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Bentleigh requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 5%)
Bentleigh - McKinnon 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
74 / 100
52 / 100
Industry
46 / 100
17 / 100
Population
69 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
59 / 100
34 / 100
Incidents Trend State Average
Divrei Emineh
Elsternwick, VIC, 3185 Independent Prep-9
Ormond Primary School
Ormond, VIC, 3204 State Prep-6
Mckinnon Secondary College
Mckinnon, VIC, 3204 State 7-12
Katandra School
Ormond, VIC, 3204 State U
Our Lady of the Sacred Heart College
Bentleigh, VIC, 3204 Independent 7-12
Bentleigh West Primary School
Bentleigh, VIC, 3204 State Prep-6
St Paul's School
Bentleigh, VIC, 3204 Independent Prep-6
Valkstone Primary School
Bentleigh East, VIC, 3165 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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