25 Erasmus Avenue, Craigieburn VIC 3064
This property is Off Market
- The Average property price in this area is $762,636, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 25.98 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Craigieburn - West
With an average age of 29, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $421. The average family earns a weekly income of $1,920 with a typical household size of 3.2 and a 93.04% 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 Craigieburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Craigieburn 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Craigieburn 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
Stop 59: Matthews Avenue
Lalor
Thomastown
Oak Park
Gowrie
Jacana
Fawkner
Donnybrook
Upfield
Craigieburn
General Points of Interest
Splash Aqua Park and Leisure Centre
Oval 2 Pavilion
Roxburgh Park Shopping Centre
Greenvale Shopping Centre
Merrifield City Shopping Centre
Epping Soccer Stadium
Greenvale Lakes Shopping Centre
Greenvale Sports Clubhouse
Greenvale Recreation Centre
Grandstand
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1469 asthma sufferers and 589 people living with diabetes. In addition, 412 people have a heart/vascular condition and 627 people live with three or more chronic diseases.A good place to invest in property?
Craigieburn - West 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
44 / 100
52 / 100
Industry
21 / 100
17 / 100
Population
08 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
35 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMount Ridley P-12 College Aitken Creek Primary School
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Willmott Park Primary School
Craigieburn, VIC, 3064 State Prep-6
Property Story
25 Erasmus Avenue, Craigieburn, Vic, 3064 is a residential property . The estimated distance to the sea is 25.98km and 0.87KM 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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