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5 King Street,
Ventnor VIC 3922

This property is Off Market

All about Ventnor Homes for sale in Ventnor

The Average property price in this area is $903,199, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.53 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Stockdale&Leggo 38 MOUNTAINVIEW AV, $1,100,000 - $1,200,000 4 Beds - 3 Baths - 2 Parking Within 0.3 km Stockdale&Leggo 21 GROSSARD POINT RD, $689,000 3 Beds - 2 Baths - Parking Within 0.3 km Stockdale&Leggo 9 DURHAM ST, $1,250,000 - $1,300,000 5 Beds - 2 Baths - 2 Parking Within 1.1 km Stockdale&Leggo 8 HEYLEY AV, $1,150,000 - $1,250,000 4 Beds - 2 Baths - 6 Parking Within 2.0 km Stockdale&Leggo 16 RICHARDSON WAY, $730,000 - $770,000 3 Beds - 2 Baths - 3 Parking Within 2.1 km Stockdale&Leggo 279B VENTNOR RD, $2,280,000 - $2,380,000 3 Beds - 2 Baths - 4 Parking Within 3.1 km

Recently Sold Properties in this Area

About Phillip Island

With an average age of 58, households expect an average monthly mortgage payment of $1,623 or a weekly rent payment of $323. The average family earns a weekly income of $1,600 with a typical household size of 2.1 and a 97.42% employment rate.

Consistent high demand relative to supply is a key feature in Ventnor driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Ventnor 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 Ventnor 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. Medium density in Ventnor necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Ventnor 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

Leawarra

Somerville train

Tyabb Station ship

Tankerton Jetty train

Bittern Station ship

Cowes Jetty train

Moorooduc

Mornington train

Hastings

Stony Point Pier

General Points of Interest

Penguin Parade

Phillip Island Adventure Resort sport

Phillip Island Leisure Centre sport

Phillip Island Golf Club

Nobbies Centre

Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 1625 asthma sufferers and 718 people living with diabetes. In addition, 801 people have a heart/vascular condition and 1541 people live with three or more chronic diseases.

A good place to invest in property?

Phillip Island 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

01 / 100

17 / 100

Population

27 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

24 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Cowes Primary School
Our Lady Star of the Sea Catholic Primary School
Cowes, VIC, 3922 Independent Prep-6
Bittern Primary School
Bittern, VIC, 3918 State Prep-6

Property Story

5 King Street, Ventnor, Vic, 3922 is a residential property with 3 bedrooms, 1 bathrooms and 3 Parking spaces. The estimated value of this home is $510,000 while properties of this type typically sell for between $770,000 and $1,040,000 in this suburb. The estimated distance to the sea is only 0.53km and 0.39KM 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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