This property is Off Market
With an average age of 37, households expect an average monthly mortgage payment of $2,720 or a weekly rent payment of $462. The average family earns a weekly income of $1,928 with a typical household size of 2.8 and a 90.76% employment rate.
In Vermont South there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Vermont South are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Vermont South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Vermont South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Vermont South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Vermont South a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Vermont South 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
54 / 100
52 / 100
Industry
16 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
34 / 100
34 / 100
Incidents Trend State Average
Holy Saviour Parish School
Vermont South, VIC, 3133 Independent Prep-6
Burwood Heights Primary School
Burwood East, VIC, 3151 State Prep-6
Livingstone Primary School
Vermont South, VIC, 3133 State Prep-6
Highvale Primary School
Glen Waverley, VIC, 3150 State Prep-6
Vermont South Special School
Vermont South, VIC, 3133 State U
Forest Hill College
Burwood East, VIC, 3151 State 7-12
Emmaus College
Vermont South, VIC, 3133 Independent 7-12
Parkmore Primary School
Forest Hill, VIC, 3131 State Prep-6
Highvale Secondary College
Glen Waverley, VIC, 3150 State 7-12
Weeden Heights Primary School
Vermont South, VIC, 3133 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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