5 Law Court, Rowville VIC 3178
This property is Off Market
- The Average property price in this area is $1,265,209, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 16.79 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 Rowville - Central
With an average age of 48, households expect an average monthly mortgage payment of $2,911 or a weekly rent payment of $544. The average family earns a weekly income of $2,150 with a typical household size of 2.9 and a 95.93% employment rate.
Consistent high demand relative to supply is a key feature in Rowville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Rowville 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 Rowville 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 Rowville 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 Rowville 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 Rowville a better buying opportunity than it may have been in the past.
Public Transport
Stop 74: Stanley Road
Stop 75: Vermont South Shopping Centre
Stop 75: Vermont South Shopping Centre
Tecoma
Bayswater
Boronia
Upper Ferntree Gully
Ferntree Gully
Westall
Upwey
General Points of Interest
Wantirna Golf Range
Lest We Forget
Chesterfield Farm
Golden Plaza
Academy Swimming Pool
Hockey Pavillion
Melbourne School of Theology
Ringwood Golf Course
Vermont South Shopping Centre
Volleyball: Dandenong Basketball Centre
Population
Are people healthy?
There are a recorded 1924 asthma sufferers and 670 people living with diabetes. In addition, 757 people have a heart/vascular condition and 1105 people live with three or more chronic diseases.A good place to invest in property?
Rowville - Central 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
19 / 100
17 / 100
Population
45 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
41 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRowville Primary School Rowville Secondary College
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Scoresby Primary School
Scoresby, VIC, 3179 State Prep-6 -
St Simon's School
Rowville, VIC, 3178 Independent Prep-6 -
Rowville Secondary College
Rowville, VIC, 3178 State 7-12
Property Story
5 Law Court, Rowville, Vic, 3178 is a residential property . The estimated distance to the sea is 16.79km and 0.82KM 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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