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5 Morris Road,
Mccrae VIC 3938

This property is Off Market

All about Mccrae Homes for sale in Mccrae


  • The Average property price in this area is $1,012,450, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.22 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 Rosebud - McCrae

With an average age of 49, households expect an average monthly mortgage payment of $1,800 or a weekly rent payment of $421. The average family earns a weekly income of $1,625 with a typical household size of 2.4 and a 94.79% employment rate.

Consistent high demand relative to supply is a key feature in Mccrae 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 Mccrae due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mccrae 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 Mccrae 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 Mccrae 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 Mccrae a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 3170 asthma sufferers and 1510 people living with diabetes. In addition, 1623 people have a heart/vascular condition and 3340 people live with three or more chronic diseases.

A good place to invest in property?

Rosebud - McCrae 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

11 / 100

17 / 100

Population

35 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

27 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Rosebud Primary School Rosebud Secondary College
  • Our Lady of Fatima School

    Rosebud, VIC, 3939 Independent Prep-6

  • Rosebud Primary School

    Rosebud, VIC, 3939 State Prep-6

  • Eastbourne Primary School

    Rosebud, VIC, 3939 State Prep-6

  • Tootgarook Primary School

    Tootgarook, VIC, 3941 State Prep-6

  • Advance College of Education Incorporated

    Rosebud West, VIC, 3940 Independent 11-12

  • Boneo Primary School

    Boneo, VIC, 3939 State Prep-6

  • Rosebud Secondary College

    Rosebud, VIC, 3939 State 7-12

  • Dromana Primary School

    Dromana, VIC, 3936 State Prep-6


Property Story

5 Morris Road, Mccrae, Vic, 3938 is a residential property with 0 bedrooms, 0 bathrooms and 0 Parking spaces. The estimated distance to the sea is only 1.22km and 0.66KM 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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