This property is Off Market
With an average age of 49, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $205. The average family earns a weekly income of $2,203 with a typical household size of 2.6 and a 97.88% employment rate.
Consistent high demand relative to supply is a key feature in Blewitt Springs driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Blewitt Springs are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Blewitt Springs 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 Blewitt Springs necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Blewitt Springs 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 Blewitt Springs a better buying opportunity than it may have been in the past.
(Country of Birth not stated 3%)
McLaren Vale 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
South Australia State average 45 / 100
Income
50 / 100
44 / 100
Industry
18 / 100
34 / 100
Population
37 / 100
37 / 100
House Prices
80 / 100
62 / 100
Jobs
25 / 100
33 / 100
Incidents Trend State Average
Coorara Primary School
Morphett Vale, SA, 5162 State U, R-7
McLaren Vale Primary School
Mclaren Vale, SA, 5171 State R-7
McLaren Flat Primary School
Mclaren Flat, SA, 5171 State R-7
Kangarilla Primary School
Kangarilla, SA, 5157 State R-7
Clarendon Primary School
Clarendon, SA, 5157 State R-7
Tatachilla Lutheran College
Mclaren Vale, SA, 5171 Independent R-12
Hackham East Primary School
Hackham, SA, 5163 State U, R-7
Huntfield Heights Primary School
Huntfield Heights, SA, 5163 State R-7
Wirreanda Secondary School
Morphett Vale, SA, 5162 State U, 7-12
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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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