37 Farmers Road, Dumbalk VIC 3956
This property is Off Market
- The Average property price in this area is $641,942, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 21.77 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 Foster
With an average age of 48, households expect an average monthly mortgage payment of $1,278 or a weekly rent payment of $268. The average family earns a weekly income of $1,355 with a typical household size of 2.2 and a 95.28% 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 Dumbalk 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 Dumbalk 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. Lower than average population density constrains growth in Dumbalk 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 Dumbalk 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
Leongatha
General Points of Interest
Stony Creek Race Club
Population
(Country of Birth not stated 12%)
Are people healthy?
There are a recorded 1303 asthma sufferers and 498 people living with diabetes. In addition, 709 people have a heart/vascular condition and 1264 people live with three or more chronic diseases.A good place to invest in property?
Foster 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
35 / 100
52 / 100
Industry
02 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
23 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTarwin Lower Primary School Leongatha Secondary College
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Mary MacKillop Catholic Regional College
Leongatha, VIC, 3953 Independent 7-12 -
St Laurence O'Toole School
Leongatha, VIC, 3953 Independent Prep-6 -
Leongatha Primary School
Leongatha, VIC, 3953 State Prep-6 -
South Gippsland Specialist School
Leongatha, VIC, 3953 State U -
Mirboo North Primary School
Mirboo North, VIC, 3871 State Prep-6 -
Koonwarra Village School
Koonwarra, VIC, 3954 Independent Prep-6 -
Meeniyan Primary School
Meeniyan, VIC, 3956 State Prep-6 -
Foster Secondary College
Foster, VIC, 3960 State 7-12 -
Mirboo North Secondary College
Mirboo North, VIC, 3871 State 7-12 -
Leongatha Secondary College
Leongatha, VIC, 3953 State 7-12
Property Story
37 Farmers Road, Dumbalk, Vic, 3956 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $300,000 while properties of this type typically sell for between $415,000 and $485,000 in this suburb. The estimated distance to the sea is 21.77km and 0.36KM 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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