5 Phillip Island Road,
Sunset Strip VIC 3922

About Phillip Island

With an average age of 37, households expect an average monthly mortgage payment of $1,430 or a weekly rent payment of $340. The average family earns a weekly income of $1,426 with a typical household size of 2.4 and a 97.41% employment rate.

Consistent high demand relative to supply is a key feature in Sunset Strip driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Sunset Strip due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Sunset Strip changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Sunset Strip necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Sunset Strip 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

Leawarra Somerville Tyabb Station Tankerton Jetty Bittern Station Cowes Jetty Moorooduc Mornington Hastings Stony Point Pier

General Points of Interest

Koala Conservation Centre Phillip Island Adventure Resort Ventnor Recreation Reserve Phillip Island Leisure Centre Grumpy's Crazy Golf Aussie Golf Ranch Bruce the Koala Phillip Island Ten Pin Bowling The Pinnacles Phillip Island Golf Club

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Cowes Primary School

• Phillip Island Village School

  Ventnor, VIC, 3922 Independent Prep-5

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• Somers Primary School

  Somers, VIC, 3927 State Prep-6

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• Cowes Primary School

  Cowes, VIC, 3922 State Prep-6

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• Perseverance Primary School

  French Island, VIC, 3921 State 3-6

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• Crib Point Primary School

  Crib Point, VIC, 3919 State Prep-6

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• St Joseph's School

  Crib Point, VIC, 3919 Independent Prep-6

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• Our Lady Star of the Sea Catholic Primary School

  Cowes, VIC, 3922 Independent Prep-6

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• San Remo Primary School

  San Remo, VIC, 3925 State Prep-6

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• Newhaven Primary School

  Newhaven, VIC, 3925 State Prep-6

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Property Story

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