Unit 1, 405 BLACK FOREST DRIVE Macedon VIC 3440
This property is Off Market
- The Average property price in this area is $1,732,977, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 53.11 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 Macedon
With an average age of 46, households expect an average monthly mortgage payment of $2,356 or a weekly rent payment of $250. The average family earns a weekly income of $2,905 with a typical household size of 2.7 and a 104.69% employment rate.
Consistent high demand relative to supply is a key feature in Macedon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Macedon 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. A mix of professions and above average income earners in Macedon provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Macedon 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
Melton
Bullarto
Clarkefield
Riddells Creek
Sunbury
Cobblebank
Kyneton
Woodend
Bacchus Marsh
Diggers Rest
General Points of Interest
Memorial to the Kurana Tragedy
North/West Plinth
South/East Plinth
South/West Plinth
East Plinth
Mt Macedon Memorial Cross
Mt Macedon Memorial Cross
Woodend Golf Club
Macedon Lodge
Historic survey cairn
Gisborne Lawn Bowls Club
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 439 asthma sufferers and 137 people living with diabetes. In addition, 195 people have a heart/vascular condition and 238 people live with three or more chronic diseases.A good place to invest in property?
Macedon 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
70 / 100
52 / 100
Industry
06 / 100
17 / 100
Population
09 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMacedon Primary School Gisborne Secondary College
-
Braemar College
Woodend, VIC, 3442 Independent 5-12 -
Gisborne Montessori School
New Gisborne, VIC, 3438 Independent Prep-6 -
Holy Cross Primary School
New Gisborne, VIC, 3438 Independent Prep-6 -
Mount Macedon Primary School
Mount Macedon, VIC, 3441 State Prep-6
Property Story
Unit 1, 405 Black Forest Drive, Macedon, Vic, 3440 is a residential property . The estimated distance to the sea is 53.11km and 0.03KM 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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