Unit 5005, LEVEL 50 500 ELIZABETH STREET Melbourne VIC 3000
This property is Off Market
- The Average property price in this area is $674,970, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.74 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 Melbourne
With an average age of 25, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $361. The average family earns a weekly income of $1,336 with a typical household size of 1.8 and a 82.85% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Melbourne ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Melbourne classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Melbourne necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Stop 112: Lygon Street
Stop 112: Lygon Street
Stop 3: Lincoln Square
Stop 3: Lincoln Square
Stop 12: Moor Street
Stop 12: Moor Street
Stop 1: Melbourne University
Stop 1: Melbourne University
Stop 13: Johnston Street
Stop 13: Johnston Street
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
West Brunswick Tennis Club
Flemington Grandstand
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1940 asthma sufferers and 678 people living with diabetes. In addition, 608 people have a heart/vascular condition and 1263 people live with three or more chronic diseases.A good place to invest in property?
Melbourne 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
44 / 100
52 / 100
Industry
89 / 100
17 / 100
Population
98 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
43 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUniversity High School Carlton Gardens Primary School
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River Nile School
North Melbourne, VIC, 3051 Independent 11-12
Property Story
Unit 5005, Level 50, 500 Elizabeth Street, Melbourne, Vic, 3000 is a residential property . The estimated distance to the sea is only 1.74km and at least 1.41KM 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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