5 Hedley Lane, Mitta Mitta VIC 3701
This property is Off Market
- The Average property price in this area is $480,633, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 158.85 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Towong
With an average age of 57, households expect an average monthly mortgage payment of $1,138 or a weekly rent payment of $160. The average family earns a weekly income of $1,718 with a typical household size of 2.2 and a 100.94% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Mitta Mitta due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mitta Mitta provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Mitta Mitta 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.
Population
(Country of Birth not stated 16%)
Are people healthy?
There are a recorded 806 asthma sufferers and 364 people living with diabetes. In addition, 424 people have a heart/vascular condition and 882 people live with three or more chronic diseases.A good place to invest in property?
Towong 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
38 / 100
52 / 100
Industry
03 / 100
17 / 100
Population
13 / 100
32 / 100
House Prices
58 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMount Beauty Secondary College Mitta Mitta Primary School
-
Eskdale Primary School
Eskdale, VIC, 3701 State Prep-6 -
Mount Beauty Primary School
Mount Beauty, VIC, 3699 State Prep-6 -
Mount Beauty Secondary College
Mount Beauty, VIC, 3699 State 7-12 -
Tawonga Primary School
Tawonga, VIC, 3697 State Prep-6 -
Mitta Mitta Primary School
Mitta Mitta, VIC, 3701 State 2-6
Property Story
5 Hedley Lane, Mitta Mitta, Vic, 3701 is a residential property . The estimated distance to the sea is 158.85km and 0.06KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
