7 Pier Street, Port Albert VIC 3971
This property is Off Market
- The Average property price in this area is $454,301, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 0.03 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Yarram
With an average age of 59, households expect an average monthly mortgage payment of $1,138 or a weekly rent payment of $255. The average family earns a weekly income of $1,212 with a typical household size of 1.9 and a 87.93% employment rate.
In Port Albert there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Port Albert 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 Port Albert 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. Lower than average population density constrains growth in Port Albert to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Port Albert 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.
Population
(Country of Birth not stated 14%)
Are people healthy?
There are a recorded 803 asthma sufferers and 421 people living with diabetes. In addition, 511 people have a heart/vascular condition and 792 people live with three or more chronic diseases.A good place to invest in property?
Yarram 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
34 / 100
52 / 100
Industry
03 / 100
17 / 100
Population
15 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
21 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
Yarram Primary School
Yarram, VIC, 3971 State Prep-6 -
Welshpool and District Primary School
Welshpool, VIC, 3966 State Prep-6 -
Woodside Primary School
Woodside, VIC, 3874 State Prep-6 -
Alberton Primary School
Alberton, VIC, 3971 State Prep-6 -
Yarram Secondary College
Yarram, VIC, 3971 State 7-12 -
St Mary's School
Yarram, VIC, 3971 Independent Prep-6
Property Story
7 Pier Street, Port Albert, Vic, 3971 is a residential property with 3 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated value of this home is $850,000 while properties of this type typically sell for between $410,000 and $675,000 in this suburb. The estimated distance to the sea is only 0.03km and 0.06KM 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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