This property is Off Market
With an average age of 38, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $475. The average family earns a weekly income of $2,516 with a typical household size of 2.8 and a 98.53% employment rate.
In Maribyrnong there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Maribyrnong 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 Maribyrnong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Maribyrnong 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 2%)
Maribyrnong 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
64 / 100
52 / 100
Industry
23 / 100
17 / 100
Population
51 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
36 / 100
34 / 100
Incidents Trend State Average
Footscray North Primary School
Footscray, VIC, 3011 State Prep-6
Maribyrnong Secondary College
Maribyrnong, VIC, 3032 State 7-12
Aberfeldie Primary School
Essendon, VIC, 3040 State Prep-6
Avondale Primary School
Avondale Heights, VIC, 3034 State Prep-6
St Martin de Porres School
Avondale Heights, VIC, 3034 Independent Prep-6
Rosamond Special School
Braybrook, VIC, 3019 State U
St Margaret's Primary School
Maribyrnong, VIC, 3032 Independent Prep-6
Our Lady of the Nativity School
Aberfeldie, VIC, 3040 Independent 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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