5988 Midland Highway, Mount Franklin VIC 3461
This property is Off Market
- The Average property price in this area is $1,061,855, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 92.71 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 Daylesford
With an average age of 51, households expect an average monthly mortgage payment of $1,597 or a weekly rent payment of $225. The average family earns a weekly income of $1,875 with a typical household size of 2.3 and a 94.15% 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 Mount Franklin 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 Mount Franklin 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 Mount Franklin 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 Mount Franklin 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
Clunes
General Points of Interest
Lavandula Swiss Italian Farm
Twin Bridges
Locarno Spring
Golden Spring
The Blowhole
Wyuna Spring
Daylesford War Memorial
Hepburn Pool
The Amazing Mill Markets
Convent Gallery
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 1465 asthma sufferers and 445 people living with diabetes. In addition, 576 people have a heart/vascular condition and 943 people live with three or more chronic diseases.A good place to invest in property?
Daylesford 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
39 / 100
52 / 100
Industry
08 / 100
17 / 100
Population
39 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
26 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDaylesford Secondary College Yandoit Primary School
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Daylesford Secondary College
Daylesford, VIC, 3460 State 7-12 -
Newstead Primary School
Newstead, VIC, 3462 State Prep-6 -
Drummond Primary School
Drummond, VIC, 3461 State 6 -
Hepburn Primary School
Hepburn, VIC, 3461 State Prep-6 -
Campbells Creek Primary School
Campbells Creek, VIC, 3451 State Prep-6
Property Story
5988 Midland Highway, Mount Franklin, Vic, 3461 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $1,120,000. The estimated distance to the sea is 92.71km and 0.27KM 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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