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Unit 5,
7 CENTREWAY Mordialloc VIC 3195

This property is Off Market

All about Mordialloc Homes for sale in Mordialloc


  • The Average property price in this area is $1,653,280, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.31 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Mordialloc - Parkdale

With an average age of 51, households expect an average monthly mortgage payment of $2,400 or a weekly rent payment of $405. The average family earns a weekly income of $2,521 with a typical household size of 1.9 and a 99.13% employment rate.

Consistent high demand relative to supply is a key feature in Mordialloc driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mordialloc 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 Mordialloc 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 Mordialloc 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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1890 asthma sufferers and 804 people living with diabetes. In addition, 960 people have a heart/vascular condition and 1573 people live with three or more chronic diseases.

A good place to invest in property?

Mordialloc - Parkdale 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

71 / 100

52 / 100

Industry

34 / 100

17 / 100

Population

75 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

58 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Parkdale Secondary College Mordialloc Beach Primary School
  • St John Vianney's School

    Parkdale, VIC, 3195 Independent Prep-6

  • Yarrabah School

    Aspendale, VIC, 3195 State U

  • Mordialloc College

    Mordialloc, VIC, 3195 State 7-12

  • Parkdale Primary School

    Parkdale, VIC, 3195 State Prep-6


Property Story

Unit 5, 7 Centreway , Mordialloc, Vic, 3195 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is only 0.31km and 0.14KM 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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