35 First Avenue,
Cockatoo VIC 3781

About Emerald - Cockatoo

With an average age of 35, households expect an average monthly mortgage payment of $1,638 or a weekly rent payment of $390. The average family earns a weekly income of $2,190 with a typical household size of 2.8 and a 94.76% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Cockatoo 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 high percentage of professional people in Cockatoo classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Cockatoo 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. Lower than average industry presence in Cockatoo 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 Cockatoo a better buying opportunity than it may have been in the past.

Public Transport

Lakeside Tecoma Emerald Menzies Creek Belgrave (Puffing Billy) Belgrave Gembrook (Town) Gembrook (Heritage) Cockatoo Upwey

General Points of Interest

Narrow-gauge Steam Museum Council Rock The Chief's Gate Council Rock Somers Gate Model Railway Chestnut Hill Winery Emerald Golf & Country Resort Paddle boats Monbulk Regional Soccer Facility

Population

(Country of Birth not stated 5%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Cockatoo Primary School Emerald Secondary College

• Emerald Primary School

  Emerald, VIC, 3782 State Prep-6

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• Gembrook Primary School

  Gembrook, VIC, 3783 State Prep-6

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• Beaconsfield Upper Primary School

  Beaconsfield Upper, VIC, 3808 State Prep-6

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• Menzies Creek Primary School

  Menzies Creek, VIC, 3159 State Prep-6

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• Monbulk Primary School

  Monbulk, VIC, 3793 State Prep-6

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• Cockatoo Primary School

  Cockatoo, VIC, 3781 State Prep-6

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• Monbulk College

  Monbulk, VIC, 3793 State 7-12

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• Dandenong Ranges Steiner School

  Emerald, VIC, 3782 Independent Prep-6

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• Macclesfield Primary School

  Macclesfield, VIC, 3782 State Prep-6

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• Emerald Secondary College

  Emerald, VIC, 3782 State 7-12

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Property Story

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