434 Ormond Road, Springbank VIC 3352
This property is Off Market
- The Average property price in this area is $942,302, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 68.11 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Gordon (Vic.)
With an average age of 49, households expect an average monthly mortgage payment of $1,322 or a weekly rent payment of $240. The average family earns a weekly income of $2,154 with a typical household size of 2.6 and a 97.2% 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. Incomes in Springbank 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 Springbank 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 Springbank 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 Springbank 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
Clunes
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 936 asthma sufferers and 231 people living with diabetes. In addition, 302 people have a heart/vascular condition and 496 people live with three or more chronic diseases.A good place to invest in property?
Gordon (Vic.) 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
07 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBungaree Primary School Woodmans Hill Secondary College
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Warrenheip Primary School
Warrenheip, VIC, 3352 State Prep-6 -
Mount Egerton Primary School
Mount Egerton, VIC, 3352 State Prep-6 -
Bungaree Primary School
Bungaree, VIC, 3352 State Prep-6 -
Newlyn Primary School
Newlyn, VIC, 3364 State Prep-6 -
St Brendan's Primary School
Dunnstown, VIC, 3352 Independent Prep-6 -
St Francis Xavier School
Ballarat East, VIC, 3350 Independent Prep-6 -
Glen Park Primary School
Glen Park, VIC, 3352 State Prep-6 -
St Mary's School
Clarkes Hill, VIC, 3352 Independent Prep-6 -
St Patrick's School
Gordon, VIC, 3345 Independent Prep-6 -
Gordon Primary School
Gordon, VIC, 3345 State Prep-6
Property Story
434 Ormond Road, Springbank, Vic, 3352 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $1,635,000 while properties of this type typically sell for between $1,375,000 and $1,470,000 in this suburb. The estimated distance to the sea is 68.11km and 0.06KM 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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