This property is Off Market
With an average age of 36, households expect an average monthly mortgage payment of $1,779 or a weekly rent payment of $360. The average family earns a weekly income of $2,067 with a typical household size of 2.3 and a 96.1% 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. Incomes in Hamlyn Heights are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Hamlyn Heights 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. High density population in Hamlyn Heights 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. 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.
(Country of Birth not stated 4%)
Geelong West - Hamlyn Heights 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
55 / 100
52 / 100
Industry
25 / 100
17 / 100
Population
47 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
45 / 100
34 / 100
Incidents Trend State Average
Hamlyn Banks Primary School
Hamlyn Heights, VIC, 3215 State Prep-6
Western Heights Secondary College
Hamlyn Heights, VIC, 3215 State 7-12
Hamlyn Views School
Hamlyn Heights, VIC, 3215 State U
Nelson Park School
Bell Park, VIC, 3215 State U
Holy Spirit Parish School
Manifold Heights, VIC, 3218 Independent Prep-6
Clonard College
Herne Hill, VIC, 3218 Independent 7-12
Manifold Heights Primary School
Manifold Heights, VIC, 3218 State Prep-6
St Patrick's School
Geelong West, VIC, 3218 Independent Prep-6
Herne Hill Primary School
Hamlyn Heights, VIC, 3215 State Prep-6
Ashby Primary School
Geelong West, VIC, 3218 State Prep-6
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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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