87 Hughes Road, Nerrena VIC 3953
This property is Off Market
- The Average property price in this area is $641,942, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 24.21 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 Foster
With an average age of 39, households expect an average monthly mortgage payment of $1,850 or a weekly rent payment of $185. The average family earns a weekly income of $1,887 with a typical household size of 2.7 and a 97.35% employment rate.
Consistent high demand relative to supply is a key feature in Nerrena 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 Nerrena 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 Nerrena provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Nerrena 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 Nerrena 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
Warragul
General Points of Interest
South Gippsland Splash
Stony Creek Race Club
Woorayl Golf Club
Lennie Gwyther
Splash Pools and Stadium
Stony Creek Go Karts
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1303 asthma sufferers and 498 people living with diabetes. In addition, 709 people have a heart/vascular condition and 1264 people live with three or more chronic diseases.A good place to invest in property?
Foster 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
35 / 100
52 / 100
Industry
02 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
23 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLeongatha Secondary College Leongatha Primary School
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Leongatha Secondary College
Leongatha, VIC, 3953 State 7-12 -
Mary MacKillop Catholic Regional College
Leongatha, VIC, 3953 Independent 7-12 -
Koonwarra Village School
Koonwarra, VIC, 3954 Independent Prep-6 -
South Gippsland Specialist School
Leongatha, VIC, 3953 State U -
Mirboo North Secondary College
Mirboo North, VIC, 3871 State 7-12 -
Leongatha Primary School
Leongatha, VIC, 3953 State Prep-6 -
Mirboo North Primary School
Mirboo North, VIC, 3871 State Prep-6 -
Foster Secondary College
Foster, VIC, 3960 State 7-12 -
St Laurence O'Toole School
Leongatha, VIC, 3953 Independent Prep-6 -
Meeniyan Primary School
Meeniyan, VIC, 3956 State Prep-6
Property Story
87 Hughes Road, Nerrena, Vic, 3953 is a residential property with 0 bedrooms, 0 bathrooms and 0 Parking spaces. The estimated distance to the sea is 24.21km and 0.53KM 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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