This property is Off Market
With an average age of 52, households expect an average monthly mortgage payment of $1,192 or a weekly rent payment of $250. The average family earns a weekly income of $1,318 with a typical household size of 2 and a 94.09% 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 Eaglehawk 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 Eaglehawk 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 Eaglehawk 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 Eaglehawk 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.
(Country of Birth not stated 6%)
California Gully - Eaglehawk 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
33 / 100
52 / 100
Industry
08 / 100
17 / 100
Population
17 / 100
32 / 100
House Prices
62 / 100
70 / 100
Jobs
16 / 100
34 / 100
Incidents Trend State Average
Marist College Bendigo
Maiden Gully, VIC, 3551 Independent Prep-12
St Liborius' School
Eaglehawk, VIC, 3556 Independent Prep-6
Eaglehawk North Primary School
Eaglehawk, VIC, 3556 State Prep-6
Lightning Reef Primary School
Bendigo, VIC, 3550 State Prep-6
California Gully Primary School
California Gully, VIC, 3556 State Prep-6
St Peter's School
North Bendigo, VIC, 3550 Independent Prep-6
White Hills Primary School
White Hills, VIC, 3550 State Prep-6
Eaglehawk Secondary College
Eaglehawk, VIC, 3556 State 7-10
Eaglehawk Primary School
Eaglehawk, VIC, 3556 State Prep-6
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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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