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247 Salvado Road,
Floreat WA 6014

This property is Off Market

All about Floreat Homes for sale in Floreat


  • The Average property price in this area is $2,068,888, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 4.41 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Floreat

With an average age of 38, households expect an average monthly mortgage payment of $2,333 or a weekly rent payment of $500. The average family earns a weekly income of $3,250 with a typical household size of 2.7 and a 99.38% employment rate.

Consistent high demand relative to supply is a key feature in Floreat driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Floreat 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 slightly lower than average earnings from occupations in Floreat 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 Floreat necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 869 asthma sufferers and 237 people living with diabetes. In addition, 263 people have a heart/vascular condition and 375 people live with three or more chronic diseases.

A good place to invest in property?

Floreat 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

Western Australia State average 54 / 100

Income

91 / 100

55 / 100

Industry

50 / 100

48 / 100

Population

37 / 100

35 / 100

House Prices

99 / 100

62 / 100

Jobs

23 / 100

17 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Shenton College Deaf Education Centre

    Shenton Park, WA, 6008 State 7-12


Property Story

247 Salvado Road, Floreat, Wa, 6014 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $1,825,000 while properties of this type typically sell for between $620,000 and $700,000 in this suburb. The estimated distance to the sea is 4.41km and 0.68KM 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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