976 Drouin-Korumburra Road, Athlone VIC 3818
This property is Off Market
- The Average property price in this area is $780,609, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 22.62 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 Drouin
With an average age of 33, households expect an average monthly mortgage payment of $1,647 or a weekly rent payment of $231. The average family earns a weekly income of $1,839 with a typical household size of 3 and a 91.43% 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 Athlone 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 Athlone provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Athlone necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Athlone we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Athlone a better buying opportunity than it may have been in the past.
Public Transport
Garfield
Population
(Country of Birth not stated 13%)
Are people healthy?
There are a recorded 2679 asthma sufferers and 693 people living with diabetes. In addition, 895 people have a heart/vascular condition and 2228 people live with three or more chronic diseases.A good place to invest in property?
Drouin 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
12 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRipplebrook Primary School Drouin Secondary College
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Longwarry Primary School
Longwarry, VIC, 3816 State Prep-6 -
Ripplebrook Primary School
Ripplebrook, VIC, 3818 State Prep-6 -
Chairo Christian School
Drouin, VIC, 3818 Independent Prep-12 -
Ellinbank Primary School
Ellinbank, VIC, 3821 State Prep-6 -
Drouin South Primary School
Drouin South, VIC, 3818 State Prep-6 -
Poowong Consolidated School
Poowong, VIC, 3988 State Prep-6 -
Lardner and District Primary School
Lardner, VIC, 3821 State Prep-6 -
Nyora Primary School
Nyora, VIC, 3987 State Prep-6 -
Drouin Primary School
Drouin, VIC, 3818 State Prep-6 -
Drouin Secondary College
Drouin, VIC, 3818 State 7-12
Property Story
976 Drouin-Korumburra Road, Athlone, Vic, 3818 is a residential property with bedrooms, bathrooms and Parking spaces. The estimated distance to the sea is 22.62km and 0.05KM 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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