This property is Off Market
With an average age of 32, households expect an average monthly mortgage payment of $1,991 or a weekly rent payment of $376. The average family earns a weekly income of $2,385 with a typical household size of 3.3 and a 92.88% employment rate.
In Manor Lakes 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. Incomes in Manor Lakes are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Manor Lakes 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 Manor Lakes necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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 3%)
Wyndham Vale 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
46 / 100
52 / 100
Industry
30 / 100
17 / 100
Population
33 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
38 / 100
34 / 100
Incidents Trend State Average
Our Lady of the Southern Cross
Wyndham Vale, VIC, 3024 Independent Prep-6
Thomas Chirnside Primary School
Werribee, VIC, 3030 State Prep-6
Wyndham Vale Primary School
Wyndham Vale, VIC, 3024 State Prep-6
Manor Lakes P-12 College
Wyndham Vale, VIC, 3024 State Prep-12
Westgrove Primary School
Werribee, VIC, 3030 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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