5 Omega Avenue, Cleveland QLD 4163
This property is Off Market
- The Average property price in this area is $1,711,138, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.46 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 Cleveland
With an average age of 53, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $535. The average family earns a weekly income of $2,463 with a typical household size of 2.8 and a 92.64% 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. 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 Cleveland due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Cleveland 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 Cleveland 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Redland Bay Marina platform 3
Birkdale
Lota
Wellington Point
Ormiston
Cleveland
Boat ramp
Redland Bay Marina platform 4
Manly
Thorneside
General Points of Interest
Cleveland Point Lighthouse
J Block
Cleveland Bowling Club
Redland Youth Plaza
Cleveland Aquatic Centre
Redlands Lawn Tennis Association
Redlands Netball Association
Howeston Golf Course
Redland Bay Golf Club
Isle of Coochie Golf Club
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1756 asthma sufferers and 837 people living with diabetes. In addition, 1087 people have a heart/vascular condition and 1432 people live with three or more chronic diseases.A good place to invest in property?
Cleveland 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
Queensland State average 66 / 100
Income
33 / 100
32 / 100
Industry
45 / 100
32 / 100
Population
43 / 100
40 / 100
House Prices
70 / 100
63 / 100
Jobs
42 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsThornlands SS Cleveland District SHS
Property Story
5 Omega Avenue, Cleveland, Qld, 4163 is a residential property with 5 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated distance to the sea is only 0.46km and 0.36KM 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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