66 Somers Street, Burwood VIC 3125
This property is Off Market
- The Average property price in this area is $1,536,966, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 11.38 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Burwood
With an average age of 37, households expect an average monthly mortgage payment of $3,225 or a weekly rent payment of $585. The average family earns a weekly income of $3,227 with a typical household size of 3 and a 93.42% 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. Incomes in Burwood 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 Burwood 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 Burwood 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 Burwood 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 Burwood a better buying opportunity than it may have been in the past.
Public Transport
Stop 60: Roslyn Street
Stop 60: Millicent Street
Stop 61: Presbyterian Ladies College
Stop 62: Elgar Road
Stop 62: Elgar Road
Stop 63: Deakin University
Stop 63: Deakin University
Stop 64: Station Street
Stop 64: Station Street
Stop 61: Presbyterian Ladies College
General Points of Interest
Green Acres Golf Club
Neighbours Backlot
McKinnon Obelisk
Academy Swimming Pool
Doncaster Action Indoor Sports
Hockey Pavillion
Ringwood Golf Course
Boroondara Tennis Centre
Vermont South Shopping Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 0%)
Are people healthy?
There are a recorded 1058 asthma sufferers and 432 people living with diabetes. In addition, 534 people have a heart/vascular condition and 728 people live with three or more chronic diseases.A good place to invest in property?
Burwood 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
52 / 100
52 / 100
Industry
17 / 100
17 / 100
Population
26 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWattle Park Primary School Ashwood High School
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Wattle Park Primary School
Burwood, VIC, 3125 State Prep-6
Property Story
66 Somers Street, Burwood, Vic, 3125 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $2,075,000 while properties of this type typically sell for between $700,000 and $2,100,000 in this suburb. The estimated distance to the sea is 11.38km and at least 1.73KM 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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