23 Diamond Drive, Cardigan Village VIC 3352
This property is Off Market
- The Average property price in this area is $737,041, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 86.10 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 Alfredton
With an average age of 35, households expect an average monthly mortgage payment of $1,602 or a weekly rent payment of $300. The average family earns a weekly income of $2,182 with a typical household size of 3.1 and a 97.14% employment rate.
Consistent high demand relative to supply is a key feature in Cardigan Village driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cardigan Village 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 Cardigan Village provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cardigan Village to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cardigan Village 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 Cardigan Village a better buying opportunity than it may have been in the past.
Public Transport
Clunes
General Points of Interest
Ballarat Golf Course
Ballarat Kart Club
Arch of Victory
Coltman Plaza Lucas Shopping Centre
Health Co.
Railway Monument
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1863 asthma sufferers and 407 people living with diabetes. In addition, 610 people have a heart/vascular condition and 973 people live with three or more chronic diseases.A good place to invest in property?
Alfredton 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
56 / 100
52 / 100
Industry
14 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
81 / 100
70 / 100
Jobs
32 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBallarat High School Lucas P6
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Siena Catholic Primary School
Lucas, VIC, 3350 Independent Prep-6
Property Story
23 Diamond Drive, Cardigan Village, Vic, 3352 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $1,050,000 while properties of this type typically sell for between $510,000 and $1,290,000 in this suburb. The estimated distance to the sea is 86.1km 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
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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