16 River Road, Woodford VIC 3281
This property is Off Market
- The Average property price in this area is $607,238, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 7.92 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 Warrnambool - North
With an average age of 42, households expect an average monthly mortgage payment of $1,600 or a weekly rent payment of $300. The average family earns a weekly income of $2,384 with a typical household size of 3 and a 91.63% employment rate.
In Woodford there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Woodford 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 Woodford 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 Woodford 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 Woodford 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 Woodford a better buying opportunity than it may have been in the past.
Public Transport
Sherwood Park
General Points of Interest
Gateway Plaza
Warrnambool War Memorial
Cannon Hill
Levys Beach
Granny's Grave
Deakin University (Warrnambool Campus)
Sherwood Golf Course
Flagstaff Hill Maritime Village
Great European War Memorial
Deakin on Timor Warrnambool City Centre
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 2996 asthma sufferers and 820 people living with diabetes. In addition, 1171 people have a heart/vascular condition and 2441 people live with three or more chronic diseases.A good place to invest in property?
Warrnambool - North 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
44 / 100
52 / 100
Industry
15 / 100
17 / 100
Population
39 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
20 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWoodford Primary School Brauer Secondary College
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St John's School
Dennington, VIC, 3280 Independent Prep-6 -
King's College
Warrnambool, VIC, 3280 Independent Prep-12 -
Warrnambool West Primary School
Warrnambool, VIC, 3280 State Prep-6 -
Grasmere Primary School
Grassmere, VIC, 3281 State Prep-6 -
Woodford Primary School
Woodford, VIC, 3281 State Prep-6 -
St Pius X School
Warrnambool, VIC, 3280 Independent Prep-6 -
Merri River School
Warrnambool, VIC, 3280 State U -
Emmanuel College Inc.
Warrnambool, VIC, 3280 Independent 7-12 -
Brauer Secondary College
Warrnambool, VIC, 3280 State 7-12
Property Story
16 River Road, Woodford, Vic, 3281 is a residential property . The estimated distance to the sea is 7.92km and 0.19KM 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
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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