This property is Off Market
With an average age of 56, households expect an average monthly mortgage payment of $1,668 or a weekly rent payment of $288. The average family earns a weekly income of $2,103 with a typical household size of 2.6 and a 94.63% 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 Churchill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Churchill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Churchill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Churchill the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
(Country of Birth not stated 1%)
Churchill 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
08 / 100
17 / 100
Population
29 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
29 / 100
34 / 100
Incidents Trend State Average
Lumen Christi School
Churchill, VIC, 3842 Independent Prep-6
Churchill North Primary School
Churchill, VIC, 3842 State Prep-6
Sacred Heart School
Morwell, VIC, 3840 Independent Prep-6
Yinnar Primary School
Yinnar, VIC, 3869 State Prep-6
Morwell Central Primary School
Morwell, VIC, 3840 State Prep-6
Hazelwood North Primary School
Hazelwood North, VIC, 3840 State Prep-6
St Vincent de Paul's School
Morwell, VIC, 3840 Independent Prep-6
Churchill Primary School
Churchill, VIC, 3842 State Prep-6
Kurnai College
Morwell, VIC, 3840 State 7-12
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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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