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3245 Midland Highway,
Lima South VIC 3673

This property is Off Market

All about Lima South Homes for sale in Lima South


  • The Average property price in this area is $642,175, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 145.14 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 Benalla Region

With an average age of 52, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $220. The average family earns a weekly income of $1,421 with a typical household size of 2.3 and a 96.05% 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. 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 Lima South 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 Lima South 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 Lima South 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 6%)

Are people healthy?

There are a recorded 534 asthma sufferers and 174 people living with diabetes. In addition, 215 people have a heart/vascular condition and 458 people live with three or more chronic diseases.

A good place to invest in property?

Benalla Region 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

37 / 100

52 / 100

Industry

02 / 100

17 / 100

Population

13 / 100

32 / 100

House Prices

62 / 100

70 / 100

Jobs

24 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Peranbin Primary College Benalla P-12 College
  • FCJ College

    Benalla, VIC, 3672 Independent 7-12

  • Mansfield Primary School

    Mansfield, VIC, 3724 State Prep-6

  • St Joseph's School

    Benalla, VIC, 3672 Independent Prep-6

  • Mansfield Secondary College

    Mansfield, VIC, 3724 State 7-12

  • St Mary's School

    Mansfield, VIC, 3722 Independent Prep-6

  • Mansfield Rudolf Steiner School

    Mansfield, VIC, 3722 Independent Prep-11

  • Mansfield Autism Statewide Services

    Mansfield, VIC, 3722 Independent U

  • Myrrhee Primary School

    Myrrhee, VIC, 3732 State Prep-6


Property Story

3245 Midland Highway, Lima South, Vic, 3673 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated distance to the sea is 145.14km 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

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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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