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Unit 1,
1081 NEPEAN HIGHWAY Moorabbin VIC 3189

This property is Off Market

All about Moorabbin Homes for sale in Moorabbin


  • The Average property price in this area is $1,293,653, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 3.44 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Moorabbin - Heatherton

With an average age of 39, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $456. The average family earns a weekly income of $2,922 with a typical household size of 2.5 and a 94.46% employment rate.

Consistent high demand relative to supply is a key feature in Moorabbin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Moorabbin 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 Moorabbin 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 Moorabbin 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 Moorabbin 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 Moorabbin a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1063 asthma sufferers and 349 people living with diabetes. In addition, 430 people have a heart/vascular condition and 627 people live with three or more chronic diseases.

A good place to invest in property?

Moorabbin - Heatherton 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

60 / 100

52 / 100

Industry

16 / 100

17 / 100

Population

32 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

33 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Moorabbin Primary School Sandringham College
  • Our Lady of the Sacred Heart College

    Bentleigh, VIC, 3204 Independent 7-12


Property Story

Unit 1, 1081 Nepean Highway, Moorabbin, Vic, 3189 is a residential property . The estimated distance to the sea is 3.44km and at least 1.02KM 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

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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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