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2050 Midland Highway,
Springmount VIC 3364

This property is Off Market

All about Springmount Homes for sale in Springmount


  • The Average property price in this area is $621,197, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 84.28 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Creswick - Clunes

With an average age of 45, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $208. The average family earns a weekly income of $1,906 with a typical household size of 2.7 and a 97.47% 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Springmount due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Springmount provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Springmount necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Springmount 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

General Points of Interest


Population

(Country of Birth not stated 9%)

Are people healthy?

There are a recorded 1283 asthma sufferers and 473 people living with diabetes. In addition, 485 people have a heart/vascular condition and 849 people live with three or more chronic diseases.

A good place to invest in property?

Creswick - Clunes 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

37 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

24 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

28 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Creswick Primary School Mount Rowan Secondary College
  • Creswick Primary School

    Creswick, VIC, 3363 State Prep-6

  • St Mary's School

    Clarkes Hill, VIC, 3352 Independent Prep-6

  • Creswick North Primary School

    Creswick, VIC, 3363 State Prep-6

  • St Augustine's School

    Creswick, VIC, 3363 Independent Prep-6


Property Story

2050 Midland Highway, Springmount, Vic, 3364 is a residential property . The estimated distance to the sea is 84.28km and 0.04KM 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

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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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