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243 Bay Road,
Jam Jerrup VIC 3984

This property is Off Market

All about Jam Jerrup Homes for sale in Jam Jerrup


  • The Average property price in this area is $811,494, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 0.39 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 Wonthaggi - Inverloch

With an average age of 51, households expect an average monthly mortgage payment of $1,755 or a weekly rent payment of $241. The average family earns a weekly income of $1,762 with a typical household size of 2.2 and a 92.09% employment rate.

In Jam Jerrup 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Jam Jerrup due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Jam Jerrup 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. High density population in Jam Jerrup 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. Lower than average industry presence in Jam Jerrup 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 Jam Jerrup a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 3479 asthma sufferers and 1563 people living with diabetes. In addition, 1657 people have a heart/vascular condition and 3434 people live with three or more chronic diseases.

A good place to invest in property?

Wonthaggi - Inverloch 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

35 / 100

52 / 100

Industry

10 / 100

17 / 100

Population

43 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

24 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Koo Wee Rup Secondary College Lang Lang Primary School
  • Bayles Regional Primary School

    Bayles, VIC, 3981 State Prep-6

  • Bass Valley Primary School

    Corinella, VIC, 3984 State Prep-6

  • Perseverance Primary School

    French Island, VIC, 3921 State 3-6

  • Loch Primary School

    Loch, VIC, 3945 State Prep-6

  • Tooradin Primary School

    Tooradin, VIC, 3980 State Prep-6

  • St John the Baptist's School

    Koo Wee Rup, VIC, 3981 Independent Prep-6

  • Koo Wee Rup Secondary College

    Koo Wee Rup, VIC, 3981 State 7-12

  • Koo Wee Rup Primary School

    Koo Wee Rup, VIC, 3981 State Prep-6

  • Nyora Primary School

    Nyora, VIC, 3987 State Prep-6

  • Lang Lang Primary School

    Lang Lang, VIC, 3984 State Prep-6


Property Story

243 Bay Road, Jam Jerrup, Vic, 3984 is a residential property . The estimated distance to the sea is only 0.39km and 0.06KM 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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