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5 Montana Way,
Mill Park VIC 3082

This property is Off Market

All about Mill Park Homes for sale in Mill Park

The Average property price in this area is $945,501, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 20.51 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

Woodards 12 WESTWOOD DR, $825,000 4 Beds - 2 Baths - 2 Parking Within 0.3 km Fletchers 4 VILLOSA CT, Sold $1,500,000 5 Beds - 3 Baths - 2 Parking Within 0.5 km Fletchers 9 VANBROOK DR, Sold $1,308,000 4 Beds - 3 Baths - 2 Parking Within 0.9 km Fletchers 6 DELACOMBE DR, For Sale $1,150,000 - $1,195,000 4 Beds - 2 Baths - 2 Parking Within 1.0 km Fletchers 4 MELDRUM AV, Sold $920,000 5 Beds - 2 Baths - 2 Parking Within 1.1 km Ray White 17A STATESMAN CR, 560000 2 Beds - 1 Baths - 1 Parking Within 1.2 km Ray White 37 VERONICA CR, 650000 4 Beds - 2 Baths - 2 Parking Within 1.2 km Ray White 172 BLOSSOM PARK DR, 1325000 5 Beds - 3 Baths - 2 Parking Within 1.2 km Fletchers 47 CENTENARY DR, Sold $780,000 4 Beds - 2 Baths - 2 Parking Within 1.3 km Harcourts UNIT 201, 30 OLEANDER DR, Price on Application 3 Beds - 2 Baths - 2 Parking Within 1.3 km Fletchers UNIT 5, 3 MILL PARK DR, For Sale $420,000 - $462,000 3 Beds - 1 Baths - 1 Parking Within 1.4 km Nelson Alexander 12 FERN CT, Private Sale $795,000 5 Beds - 2 Baths - 4 Parking Within 2.3 km Ray White 19 RANDELL CT, 739000 3 Beds - 2 Baths - 4 Parking Within 2.5 km Ray White 109 PRINCE OF WALES AV, 660000 4 Beds - 2 Baths - 2 Parking Within 2.7 km Ray White 2 BENDALE CT, 600000 4 Beds - 1 Baths - 3 Parking Within 2.8 km Ray White UNIT 1, 7 CLIFFORD CL, 579500 3 Beds - 1 Baths - 2 Parking Within 3.0 km

Recently Sold Properties in this Area

About Mill Park - North

With an average age of 42, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $475. The average family earns a weekly income of $1,812 with a typical household size of 3.3 and a 96.39% employment rate.

Consistent high demand relative to supply is a key feature in Mill Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mill Park 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 Mill Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mill Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mill Park 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 Mill Park a better buying opportunity than it may have been in the past.

Public Transport

Stop 67: Bundoora Square Shopping Centre tram

Stop 68: Greenhills Road tram

Stop 69: Taunton Drive tram

Stop 70: Clements Drive tram

Stop 70: Janefield Drive train

Middle Gorge tram

Stop 71: RMIT Bundoora Campus tram

Stop 71: RMIT Bundoora Campus

General Points of Interest

Karingal Tennis Club golf

Strathallan Golf Club shopping

Cambellfield Plaza sport

Olympic Leisure monument

Foundation Square sport

Nets Stadium Banyule

Northland Shopping Centre sport

YMCA Macleod Recreation and Fitness Centre schools

La Trobe University (Bundoora Campus) sport

Eltham Leisure Centre

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1948 asthma sufferers and 1014 people living with diabetes. In addition, 873 people have a heart/vascular condition and 1587 people live with three or more chronic diseases.

A good place to invest in property?

Mill Park - North 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

53 / 100

52 / 100

Industry

18 / 100

17 / 100

Population

48 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

36 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Mill Park Secondary College Plenty Parklands Primary School
Mill Park Primary School
Mill Park, VIC, 3082 State Prep-6
Plenty Parklands Primary School
Mill Park, VIC, 3082 State Prep-6

Property Story

5 Montana Way, Mill Park, Vic, 3082 is a residential property . The estimated distance to the sea is 20.51km and 0.3KM 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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