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38 Wattle Track,
Toorloo Arm VIC 3909

This property is Off Market

All about Toorloo Arm Homes for sale in Toorloo Arm


  • The Average property price in this area is $563,322, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 2.25 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Lakes Entrance

With an average age of 50, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $320. The average family earns a weekly income of $1,850 with a typical household size of 2.4 and a 93.59% employment rate.

Consistent high demand relative to supply is a key feature in Toorloo Arm driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Toorloo Arm due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Toorloo Arm 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Toorloo Arm 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

General Points of Interest


Population

(Country of Birth not stated 10%)

Are people healthy?

There are a recorded 1501 asthma sufferers and 915 people living with diabetes. In addition, 819 people have a heart/vascular condition and 1764 people live with three or more chronic diseases.

A good place to invest in property?

Lakes Entrance 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

34 / 100

52 / 100

Industry

06 / 100

17 / 100

Population

21 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

21 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Lakes Entrance Secondary College Toorloo Arm Primary School
  • Lakes Entrance Primary School

    Lakes Entrance, VIC, 3909 State Prep-6

  • Lakes Entrance Secondary College

    Lakes Entrance, VIC, 3909 State 7-12

  • St Brendan's School

    Lakes Entrance, VIC, 3909 Independent Prep-6

  • Tambo Upper Primary School

    Tambo Upper, VIC, 3885 State Prep-6

  • Bruthen Primary School

    Bruthen, VIC, 3885 State Prep-6


Property Story

38 Wattle Track, Toorloo Arm, Vic, 3909 is a residential property . The estimated distance to the sea is 2.25km and 0.04KM 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

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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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