Unit 3, 2 MAGDALA AVENUE Strathmore VIC 3041
This property is Off Market
- The Average property price in this area is $1,815,338, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 7.64 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 Strathmore
With an average age of 48, households expect an average monthly mortgage payment of $2,762 or a weekly rent payment of $405. The average family earns a weekly income of $3,483 with a typical household size of 2.7 and a 95.53% employment rate.
Consistent high demand relative to supply is a key feature in Strathmore driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Strathmore 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 Strathmore 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 Strathmore 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 Strathmore 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 Strathmore a better buying opportunity than it may have been in the past.
Public Transport
Stop 48: Service Street
Stop 48: Service Street
Stop 47: Mount Alexander Road
Stop 47: Mount Alexander Road
Stop 49: Gillies Street
Stop 46: Lincoln Road
Stop 45: Glass Street
Stop 45: Leake Street
Strathmore
Pascoe Vale
General Points of Interest
Victoria University (Sunshine Campus)
Central West Shopping Centre
Action Indoor Sports Stadium
James Cook University
Temperance Fountain
Burke and Wills Memorial
Parkville Youth Justice Precinct
Homemaker Centre
Central West Shopping Centre
Milleara Shopping Centre
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1086 asthma sufferers and 462 people living with diabetes. In addition, 510 people have a heart/vascular condition and 688 people live with three or more chronic diseases.A good place to invest in property?
Strathmore 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
76 / 100
52 / 100
Industry
16 / 100
17 / 100
Population
35 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
36 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsStrathmore Primary School Strathmore Secondary College
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St Therese's School
Essendon, VIC, 3040 Independent Prep-6
Property Story
Unit 3, 2 Magdala Avenue, Strathmore, Vic, 3041 is a residential property . The estimated distance to the sea is 7.64km and at least 3.07KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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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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