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21 Burns Street,
Spring Gully VIC 3550

This property is Off Market

All about Spring Gully Homes for sale in Spring Gully


  • The Average property price in this area is $646,290, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 125.60 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 Flora Hill - Spring Gully

With an average age of 43, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $308. The average family earns a weekly income of $2,050 with a typical household size of 2.5 and a 97.31% 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 Spring Gully 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 Spring Gully 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 Spring Gully to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Spring Gully we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Spring Gully a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1450 asthma sufferers and 443 people living with diabetes. In addition, 468 people have a heart/vascular condition and 985 people live with three or more chronic diseases.

A good place to invest in property?

Flora Hill - Spring Gully 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

45 / 100

52 / 100

Industry

12 / 100

17 / 100

Population

23 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

26 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Bendigo Senior Secondary College Bendigo South East 7-10 Secondary College Spring Gully Primary School
  • Golden Square Primary School

    Golden Square, VIC, 3555 State Prep-6

  • St Therese's School

    Kennington, VIC, 3550 Independent Prep-6

  • Victory Christian College

    Kennington, VIC, 3550 Independent Prep-12

  • St Joseph's School

    Quarry Hill, VIC, 3550 Independent Prep-6

  • Creek Street Christian College

    Bendigo, VIC, 3550 Independent Prep-10

  • Bendigo South East 7-10 Secondary College

    Bendigo, VIC, 3550 State 7-10

  • Spring Gully Primary School

    Bendigo, VIC, 3550 State Prep-6

  • St Monica's School

    Kangaroo Flat, VIC, 3555 Independent Prep-6

  • Bendigo Special Developmental School

    Kangaroo Flat, VIC, 3555 State U

  • Quarry Hill Primary School

    Quarry Hill, VIC, 3550 State Prep-6


Property Story

21 Burns Street, Spring Gully, Vic, 3550 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $455,000 while properties of this type typically sell for between $440,000 and $580,000 in this suburb. The estimated distance to the sea is 125.6km and 0.03KM 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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