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380 Mt Eirene Road,
Gembrook VIC 3783

This property is Off Market

All about Gembrook Homes for sale in Gembrook


  • The Average property price in this area is $1,186,459, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 28.15 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Emerald - Cockatoo

With an average age of 43, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $240. The average family earns a weekly income of $2,388 with a typical household size of 2.8 and a 97.49% 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 Gembrook 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 Gembrook 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 Gembrook 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 Gembrook 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 Gembrook a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 2607 asthma sufferers and 726 people living with diabetes. In addition, 932 people have a heart/vascular condition and 1503 people live with three or more chronic diseases.

A good place to invest in property?

Emerald - Cockatoo 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

59 / 100

52 / 100

Industry

13 / 100

17 / 100

Population

55 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

50 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Gembrook Primary School Emerald Secondary College

Property Story

380 Mt Eirene Road, Gembrook, Vic, 3783 is a residential property with 6 bedrooms, 5 bathrooms and Parking spaces. The estimated distance to the sea is 28.15km 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

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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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