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Unit 7,
49 WILSON STREET Cheltenham VIC 3192

This property is Off Market

All about Cheltenham Homes for sale in Cheltenham


  • The Average property price in this area is $1,256,674, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 2.92 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • 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 Cheltenham - Highett (East)

With an average age of 36, households expect an average monthly mortgage payment of $2,165 or a weekly rent payment of $400. The average family earns a weekly income of $2,329 with a typical household size of 2.2 and a 93.14% 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. High average incomes in Cheltenham 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 Cheltenham 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 Cheltenham 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 2%)

Are people healthy?

There are a recorded 2252 asthma sufferers and 988 people living with diabetes. In addition, 1175 people have a heart/vascular condition and 1962 people live with three or more chronic diseases.

A good place to invest in property?

Cheltenham - Highett (East) 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

61 / 100

52 / 100

Industry

37 / 100

17 / 100

Population

67 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

58 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Cheltenham Secondary College Le Page Primary School
  • Beaumaris North Primary School

    Beaumaris, VIC, 3193 State Prep-6

  • Our Lady of the Assumption School

    Cheltenham, VIC, 3192 Independent Prep-6

  • Mentone Girls Secondary College

    Mentone, VIC, 3194 State 7-12

  • Cheltenham East Primary School

    Cheltenham, VIC, 3192 State Prep-6

  • Bayside Special Developmental School

    Moorabbin, VIC, 3189 State U

  • Cheltenham Primary School

    Cheltenham, VIC, 3192 State Prep-6

  • Kingston Heath Primary School

    Cheltenham, VIC, 3192 State Prep-6

  • Cheltenham Secondary College

    Cheltenham, VIC, 3192 State 7-12

  • Southmoor Primary School

    Moorabbin, VIC, 3189 State Prep-6

  • Le Page Primary School

    Cheltenham, VIC, 3192 State Prep-6


Property Story

Unit 7, 49 Wilson Street, Cheltenham, Vic, 3192 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $595,000 while properties of this type typically sell for between $345,000 and $1,260,000 in this suburb. The estimated distance to the sea is 2.92km and at least 2.59KM 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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