55 Derby Street, Tullamarine VIC 3043
This property is Off Market
- The Average property price in this area is $858,979, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 13.78 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 Tullamarine
With an average age of 40, households expect an average monthly mortgage payment of $1,534 or a weekly rent payment of $350. The average family earns a weekly income of $1,897 with a typical household size of 2 and a 94.88% employment rate.
Consistent high demand relative to supply is a key feature in Tullamarine 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 Tullamarine 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 Tullamarine 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. 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 Tullamarine 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
Stop 59: Matthews Avenue
Stop 54: Fullarton Road
Stop 55: Cameron Street
Stop 55: Cameron Street
Stop 56: Earl Street
Stop 56: Earl Street
Stop 57: Hawker Street
Stop 57: Hawker Street
Stop 58: Marshall Road
Stop 58: Marshall Road
General Points of Interest
Hall's Taekwondo Centre
Green Gully Pavilion
Keilor Public Driving Range
Kore Wellness & Swim Centre
Pentridge Prison Main Gate
West Brunswick Tennis Club
Homemaker Centre
Sunshine Marketplace
Flemington Grandstand
Milleara Shopping Centre
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 791 asthma sufferers and 673 people living with diabetes. In addition, 416 people have a heart/vascular condition and 794 people live with three or more chronic diseases.A good place to invest in property?
Tullamarine 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
05 / 100
17 / 100
Population
13 / 100
32 / 100
House Prices
100 / 100
70 / 100
Jobs
25 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsGladstone Park Secondary College Gladstone Park Primary School
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Westmeadows Primary School
Westmeadows, VIC, 3049 State Prep-6 -
Glenroy West Primary School
Glenroy, VIC, 3046 State Prep-6 -
School of the Good Shepherd
Gladstone Park, VIC, 3043 Independent Prep-6 -
Jacana School for Autism
Jacana, VIC, 3047 State U -
Broadmeadows Special Developmental School
Broadmeadows, VIC, 3047 State U -
Broadmeadows Valley Primary School
Broadmeadows, VIC, 3047 State Prep-6 -
Gladstone Park Secondary College
Gladstone Park, VIC, 3043 State 7-12 -
Tullamarine Primary School
Tullamarine, VIC, 3043 State Prep-6 -
Gladstone Park Primary School
Gladstone Park, VIC, 3043 State Prep-6 -
Gladstone Views Primary School
Gladstone Park, VIC, 3043 State Prep-6
Property Story
55 Derby Street, Tullamarine, Vic, 3043 is a residential property with 3 bedrooms, 1 bathrooms and 4 Parking spaces. The estimated value of this home is $1,240,000 while properties of this type typically sell for between $420,000 and $955,000 in this suburb. The estimated distance to the sea is 13.78km and 0.68KM 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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