25 Paterson Street, Lucas VIC 3350
This property is Off Market
- The Average property price in this area is $737,041, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 79.92 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Alfredton
With an average age of 36, households expect an average monthly mortgage payment of $2,120 or a weekly rent payment of $400. The average family earns a weekly income of $2,303 with a typical household size of 2.8 and a 98.41% employment rate.
Consistent high demand relative to supply is a key feature in Lucas driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lucas 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 Lucas 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 Lucas 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 Lucas 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 Lucas a better buying opportunity than it may have been in the past.
Public Transport
Clunes
General Points of Interest
Federation University Australia (Camp Street Campus)
swimming centre
The Magpie Goldrush & Pulpit Rock
Community Pavilion
Ballarat Aquatic and Leisure Centre
Wendouree Sporting Complex
Central Wendouree Bowling Club Inc.
Invermay Bowling Club
Gold Discovery Memorial
Korean, Borneo, Malayan & Vietnam Memorial
Population
(Country of Birth not stated 1%)
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 CatchmentsLucas P6 Ballarat High School
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Siena Catholic Primary School
Lucas, VIC, 3350 Independent Prep-6 -
Yuille Park P-8 Community College
Wendouree, VIC, 3355 State U, Prep-8 -
Loreto College
Ballarat, VIC, 3350 Independent 7-12 -
St Thomas More School
Alfredton, VIC, 3350 Independent Prep-6 -
Ballarat High School
Ballarat, VIC, 3350 State 7-12 -
Alfredton Primary School
Alfredton, VIC, 3350 State Prep-6
Property Story
25 Paterson Street, Lucas, Vic, 3350 is a residential property . The estimated distance to the sea is 79.92km and 0.8KM 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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