242 Bittern-Dromana Road, Merricks North VIC 3926
This property is Off Market
- The Average property price in this area is $3,614,534, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 6.60 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Flinders
With an average age of 54, households expect an average monthly mortgage payment of $3,467 or a weekly rent payment of $258. The average family earns a weekly income of $2,769 with a typical household size of 2.6 and a 99.07% 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. High average incomes in Merricks North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Merricks North 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 Merricks North 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 Merricks North 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
Leawarra
Somerville
Tyabb Station
Tankerton Jetty
Bittern Station
Cowes Jetty
Moorooduc
Mornington
Hastings
Stony Point Pier
General Points of Interest
Devils Bend Golf Course
The Briars Park Visitor Centre
Sunny Ridge Strawberry Farm
Wetland Viewpoint
Hastings Pony Club
Hickinbotham Winery
Rockpools
Mount Martha Public Golf Course
Red Hill Bike Park
Red Hill Estate
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 497 asthma sufferers and 266 people living with diabetes. In addition, 391 people have a heart/vascular condition and 569 people live with three or more chronic diseases.A good place to invest in property?
Flinders 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
59 / 100
52 / 100
Industry
07 / 100
17 / 100
Population
14 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
28 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDromana Secondary College Red Hill Consolidated School
Property Story
242 Bittern-Dromana Road, Merricks North, Vic, 3926 is a residential property . The estimated distance to the sea is 6.6km and 0.11KM 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
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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