This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $2,104 or a weekly rent payment of $205. The average family earns a weekly income of $2,277 with a typical household size of 2.6 and a 97.11% 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. Incomes in Barnawartha are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Barnawartha 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 Barnawartha 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.
(Country of Birth not stated 5%)
Chiltern - Indigo Valley 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
47 / 100
52 / 100
Industry
03 / 100
17 / 100
Population
14 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
23 / 100
34 / 100
Incidents Trend State Average
Howlong Public School
Howlong, NSW, 2643 State K-6
St Joseph's School
Chiltern, VIC, 3683 Independent Prep-6
Chiltern Primary School
Chiltern, VIC, 3683 State Prep-6
Melrose Primary School
West Wodonga, VIC, 3690 State Prep-6
Albury West Public School
Albury, NSW, 2640 State K-6
Victory Lutheran College
West Wodonga, VIC, 3690 Independent Prep-12
Middle Indigo Primary School
Indigo Valley, VIC, 3688 State Prep-6
Belvoir Wodonga Special Developmental School
West Wodonga, VIC, 3690 State U
Catholic College Wodonga
Wodonga, VIC, 3690 Independent 7-12
Barnawartha Primary School
Barnawartha, VIC, 3688 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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