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Unit 3,
FRENCHAM GARDENS 24 FRENCHAM STREET Downer ACT 2602

This property is Off Market

All about Downer Homes for sale in Downer


  • The Average property price in this area is $1,081,842, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 106.94 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Downer

With an average age of 33, households expect an average monthly mortgage payment of $1,600 or a weekly rent payment of $360. The average family earns a weekly income of $2,578 with a typical household size of 1.9 and a 98.02% 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 Downer are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Downer changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Downer 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

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 410 asthma sufferers and 124 people living with diabetes. In addition, 150 people have a heart/vascular condition and 328 people live with three or more chronic diseases.

A good place to invest in property?

Downer 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

Australian Capital Territory State average 56 / 100

Income

50 / 100

56 / 100

Industry

24 / 100

28 / 100

Population

24 / 100

26 / 100

House Prices

75 / 100

72 / 100

Jobs

18 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Majura Primary School

    Watson, ACT, 2602 Independent K-6

  • Lyneham High School

    Lyneham, ACT, 2602 Independent 7-10

  • Daramalan College

    Dickson, ACT, 2602 Independent 7-12

  • Rosary Primary School

    Watson, ACT, 2602 Independent K-6

  • Blue Gum Community School

    Hackett, ACT, 2602 Independent K-10

  • Dickson College

    Dickson, ACT, 2602 Independent 7-12

  • North Ainslie Primary School

    Ainslie, ACT, 2602 Independent K-6

  • Emmaus Christian School

    Dickson, ACT, 2602 Independent K-10

  • Brindabella Christian College

    Lyneham, ACT, 2602 Independent K-12


Property Story

Unit 3, Frencham Gardens, 24 Frencham Street, Downer, Act, 2602 is a residential property . The estimated distance to the sea is 106.94km and at least 2.15KM 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

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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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