Shop 3, 1569 BURWOOD HIGHWAY Tecoma VIC 3160
This property is Off Market
- The Average property price in this area is $1,110,745, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 25.41 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 Upwey - Tecoma
With an average age of 45, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $120. The average family earns a weekly income of $2,853 with a typical household size of 2.3 and a 99.48% employment rate.
Consistent high demand relative to supply is a key feature in Tecoma driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Tecoma ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Tecoma provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Tecoma requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Tecoma 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 Tecoma a better buying opportunity than it may have been in the past.
Public Transport
Tecoma
Emerald
Menzies Creek
Belgrave (Puffing Billy)
Belgrave
Bayswater
Boronia
Upper Ferntree Gully
Ferntree Gully
Upwey
General Points of Interest
Canterbury Gardens Shopping Centre
Waterford Valley Golf Course
Belgrave Heated Outdoor Swimming Pool
May Moon
Ferny Creek War Memorial
Village Court
The Fuzzy Wuzzy Angels
Ray Little Johns Memorial
Narre Warren North War Memorial
One Tree Hill
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1473 asthma sufferers and 329 people living with diabetes. In addition, 388 people have a heart/vascular condition and 740 people live with three or more chronic diseases.A good place to invest in property?
Upwey - Tecoma 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
64 / 100
52 / 100
Industry
14 / 100
17 / 100
Population
42 / 100
32 / 100
House Prices
100 / 100
70 / 100
Jobs
37 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsUpwey High School Tecoma Primary School
-
Mater Christi College
Belgrave, VIC, 3160 Independent 7-12 -
St Thomas More's School
Belgrave, VIC, 3160 Independent Prep-6 -
Upwey South Primary School
Upwey, VIC, 3158 State Prep-6 -
Upwey Primary School
Upwey, VIC, 3158 State Prep-6 -
Upwey High School
Upwey, VIC, 3158 State 7-12 -
Ferny Creek Primary School
Ferny Creek, VIC, 3786 State Prep-6 -
Tecoma Primary School
Tecoma, VIC, 3160 State Prep-6
Property Story
Shop 3, 1569 Burwood Highway, Tecoma, Vic, 3160 is a residential property . The estimated distance to the sea is 25.41km and 0.33KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
