This property is Off Market
With an average age of 35, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $180. The average family earns a weekly income of $3,053 with a typical household size of 3.3 and a 100.37% 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. Incomes in Nichols Point are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Nichols Point 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 Nichols Point 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.
(Country of Birth not stated 4%)
Irymple 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
45 / 100
52 / 100
Industry
06 / 100
17 / 100
Population
13 / 100
32 / 100
House Prices
70 / 100
70 / 100
Jobs
28 / 100
34 / 100
Incidents Trend State Average
Nichols Point Primary School
Nichols Point, VIC, 3501 State Prep-6
Mildura Christian College
Irymple, VIC, 3498 Independent Prep-10
Mildura Primary School
Mildura, VIC, 3500 State Prep-6
St Paul's Primary School
Mildura, VIC, 3500 Independent Prep-6
Red Cliffs Secondary College
Red Cliffs, VIC, 3496 State U, 7-12
Irymple Secondary College
Irymple, VIC, 3498 State 7-10
Irymple South Primary School
Irymple, VIC, 3498 State Prep-6
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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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