296 Morrisons Lane, Korobeit VIC 3341
This property is Off Market
- The Average property price in this area is $913,883, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 54.03 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 Bacchus Marsh Region
With an average age of 49, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $310. The average family earns a weekly income of $2,840 with a typical household size of 2.6 and a 97.44% employment rate.
Consistent high demand relative to supply is a key feature in Korobeit driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Korobeit 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 Korobeit 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 Korobeit to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Korobeit 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
Melton
General Points of Interest
Werribee gorge
Bacchus Marsh Golf Club
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 976 asthma sufferers and 234 people living with diabetes. In addition, 303 people have a heart/vascular condition and 511 people live with three or more chronic diseases.A good place to invest in property?
Bacchus Marsh Region 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
49 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
84 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBacchus Marsh College Myrniong Primary School
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Coimadai Primary School
Coimadai, VIC, 3340 State Prep-6 -
Pentland Primary School
Bacchus Marsh, VIC, 3340 State Prep-6 -
St Brigid's School
Ballan, VIC, 3342 Independent Prep-6 -
Bacchus Marsh College
Bacchus Marsh, VIC, 3340 State 7-12 -
Darley Primary School
Bacchus Marsh, VIC, 3340 State Prep-6 -
St Bernard's School
Bacchus Marsh, VIC, 3340 Independent Prep-6 -
Bacchus Marsh Primary School
Bacchus Marsh, VIC, 3340 State Prep-6 -
Ballan Primary School
Ballan, VIC, 3342 State Prep-6 -
Bacchus Marsh Grammar
Bacchus Marsh, VIC, 3340 Independent Prep-12 -
Myrniong Primary School
Myrniong, VIC, 3341 State Prep-6
Property Story
296 Morrisons Lane, Korobeit, Vic, 3341 is a residential property . The estimated distance to the sea is 54.03km and 0.05KM 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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