This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $2,090 or a weekly rent payment of $335. The average family earns a weekly income of $2,150 with a typical household size of 2.8 and a 96.38% 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 Kinglake West 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 Kinglake West 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. Lower than average population density constrains growth in Kinglake West 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 Kinglake West 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 14%)
Kinglake 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
51 / 100
52 / 100
Industry
03 / 100
17 / 100
Population
16 / 100
32 / 100
House Prices
70 / 100
70 / 100
Jobs
25 / 100
34 / 100
Incidents Trend State Average
Whittlesea Primary School
Whittlesea, VIC, 3757 State Prep-6
Kinglake Primary School
Kinglake, VIC, 3763 State Prep-6
Kinglake West Primary School
Kinglake West, VIC, 3757 State Prep-6
St Mary's School
Whittlesea, VIC, 3757 Independent Prep-6
Whittlesea Secondary College
Whittlesea, VIC, 3757 State 7-12
Strathewen Primary School
Strathewen, VIC, 3099 State Prep-6
Middle Kinglake Primary School
Kinglake Central, VIC, 3757 State Prep-6
Laurimar Primary School
Doreen, VIC, 3754 State Prep-6
Arthurs Creek Primary School
Arthurs Creek, VIC, 3099 State Prep-6
St Andrews Primary School
St Andrews, VIC, 3761 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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