16 Somerset Court, Bannockburn VIC 3331
This property is Off Market
- The Average property price in this area is $1,022,562, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 18.75 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Bannockburn
With an average age of 39, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $360. The average family earns a weekly income of $1,978 with a typical household size of 2.7 and a 95.91% 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. Incomes in Bannockburn are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Bannockburn provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Bannockburn to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Bannockburn 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
Marshall
Waurn Ponds
Port Phillip Ferries (Geelong-Docklands)
Geelong
South Geelong
Little River
North Shore
Winchelsea
General Points of Interest
Inverleigh Golf Club
Bannockburn Golf Club
Old Bannockburn Jail
Bannockburn Bowls Club
Bannockburn Rec Center
Bannockburn Recreation Center
Bannockburn Rec Center
Gheringhap Tennis Reserve
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 919 asthma sufferers and 187 people living with diabetes. In addition, 241 people have a heart/vascular condition and 510 people live with three or more chronic diseases.A good place to invest in property?
Bannockburn 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
54 / 100
52 / 100
Industry
06 / 100
17 / 100
Population
19 / 100
32 / 100
House Prices
56 / 100
70 / 100
Jobs
28 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBannockburn P-12 College Northern Bay P-12 College
Property Story
16 Somerset Court, Bannockburn, Vic, 3331 is a residential property . The estimated distance to the sea is 18.75km and 0.93KM 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
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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