52 Rhine Drive, Roxburgh Park VIC 3064
This property is Off Market
- The Average property price in this area is $841,916, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 21.58 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 Roxburgh Park - Somerton
With an average age of 29, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $391. The average family earns a weekly income of $1,680 with a typical household size of 3.7 and a 85.78% employment rate.
Consistent high demand relative to supply is a key feature in Roxburgh Park 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 Roxburgh Park 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 Roxburgh Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Roxburgh Park 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 Roxburgh Park 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 Roxburgh Park a better buying opportunity than it may have been in the past.
Public Transport
Stop 59: Matthews Avenue
Lalor
Thomastown
Oak Park
Gowrie
Jacana
Fawkner
Donnybrook
Upfield
Craigieburn
General Points of Interest
CB Smith Sports & Educational Facility
Corpus Christi Tennis Club
URBNSURF Wave Park
Action Indoor Sports Stadium
Greenvale Shopping Centre
Cambellfield Plaza
Local 1914-1918 War Memorial
Greenvale Sports Clubhouse
Grandstand
Northern Golf Club
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 2778 asthma sufferers and 1377 people living with diabetes. In addition, 780 people have a heart/vascular condition and 1583 people live with three or more chronic diseases.A good place to invest in property?
Roxburgh Park - Somerton 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
40 / 100
52 / 100
Industry
13 / 100
17 / 100
Population
40 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
26 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRoxburgh Rise Primary School Craigieburn Secondary College
Property Story
52 Rhine Drive, Roxburgh Park, Vic, 3064 is a residential property . The estimated distance to the sea is 21.58km and 0.39KM 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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