2861 Warburton Highway, Wesburn VIC 3799
This property is Off Market
- The Average property price in this area is $853,379, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 52.71 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 Yarra Valley
With an average age of 47, households expect an average monthly mortgage payment of $1,625 or a weekly rent payment of $375. The average family earns a weekly income of $1,786 with a typical household size of 2.8 and a 92.75% employment rate.
In Wesburn 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 Wesburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Wesburn provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Wesburn 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. With very low industrial sector presence in Wesburn 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.
Public Transport
Lakeside
Mooroolbark
Emerald
Menzies Creek
Belgrave (Puffing Billy)
Belgrave
Gembrook (Town)
Gembrook (Heritage)
Lilydale
Cockatoo
General Points of Interest
Warburton Water World
Warburton Golf Club
La La Falls
Warburton War Memorial
War Memorial
Rainforest Gallery
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 2639 asthma sufferers and 621 people living with diabetes. In addition, 845 people have a heart/vascular condition and 1730 people live with three or more chronic diseases.A good place to invest in property?
Yarra Valley 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
41 / 100
52 / 100
Industry
09 / 100
17 / 100
Population
43 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
34 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsWesburn Primary School Upper Yarra Secondary College
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Gladysdale Primary School
Gladysdale, VIC, 3797 State Prep-6 -
Don Valley Primary School
Don Valley, VIC, 3139 State Prep-6 -
Millwarra Primary School
Millgrove, VIC, 3799 State Prep-6 -
Wesburn Primary School
Wesburn, VIC, 3799 State Prep-6 -
St Joseph's School
Yarra Junction, VIC, 3797 Independent Prep-6 -
Cire Community School
Lilydale, VIC, 3140 Independent 7-12 -
Yarra Junction Primary School
Yarra Junction, VIC, 3797 State Prep-6
Property Story
2861 Warburton Highway, Wesburn, Vic, 3799 is a residential property with 3 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $900,000 while properties of this type typically sell for between $570,000 and $600,000 in this suburb. The estimated distance to the sea is 52.71km 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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