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24 Russell Road,
Gheringhap VIC 3331

This property is Off Market

All about Gheringhap Homes for sale in Gheringhap


  • The Average property price in this area is $1,022,562, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 13.89 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Bannockburn

With an average age of 48, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $460. The average family earns a weekly income of $2,399 with a typical household size of 2.7 and a 99.07% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Gheringhap 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 Gheringhap provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Gheringhap 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 Gheringhap 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 13%)

Are people healthy?

There are a recorded 919 asthma sufferers and 187 people living with diabetes. In addition, 241 people have a heart/vascular condition and 510 people live with three or more chronic diseases.

A good place to invest in property?

Bannockburn 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

54 / 100

52 / 100

Industry

06 / 100

17 / 100

Population

19 / 100

32 / 100

House Prices

56 / 100

70 / 100

Jobs

28 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Bannockburn P-12 College Northern Bay P-12 College

Property Story

24 Russell Road, Gheringhap, Vic, 3331 is a residential property with 0 bedrooms, 0 bathrooms and 0 Parking spaces. The estimated distance to the sea is 13.89km and 0.18KM 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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