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Unit 4,
48 WATT AVENUE Oak Park VIC 3046

This property is Off Market

All about Oak Park Homes for sale in Oak Park

The Average property price in this area is $1,131,730, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 10.47 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White 12 MAGNOLIA ST, 1550000 4 Beds - 3 Baths - 2 Parking Within 0.5 km Ray White UNIT 2, 168 WATERLOO RD, 499000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Nelson Alexander UNIT 10, 148 WATERLOO RD, Private Sale $510,000 Beds - Baths - Parking Within 0.7 km Nelson Alexander UNIT 3, 14 MARIE ST, Private Sale $790,000 3 Beds - 1 Baths - 2 Parking Within 1.1 km Nelson Alexander UNIT 5, 34 JOSEPHINE ST, Private Sale $550,000 1 Beds - 1 Baths - 1 Parking Within 1.3 km Woodards 98A DEVEREAUX ST, $990,000 - $1,050,000 4 Beds - 3 Baths - 2 Parking Within 2.3 km

Recently Sold Properties in this Area

About Pascoe Vale

With an average age of 35, households expect an average monthly mortgage payment of $1,961 or a weekly rent payment of $395. The average family earns a weekly income of $2,690 with a typical household size of 2.4 and a 94.85% employment rate.

Consistent high demand relative to supply is a key feature in Oak Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Oak Park 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. The high percentage of professional people in Oak Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Oak Park 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Stop 59: Matthews Avenue tram

Stop 56: Earl Street tram

Stop 57: Hawker Street tram

Stop 58: Marshall Road tram

Stop 58: Marshall Road train

Pascoe Vale train

Oak Park

Jacana

General Points of Interest

Hall's Taekwondo Centre schools

Victoria University (Sunshine Campus)

Central West Shopping Centre sport

Action Indoor Sports Stadium monument

Burke and Wills Memorial prison

Parkville Youth Justice Precinct shopping

Homemaker Centre stadium

Flemington Grandstand

Central West Shopping Centre

Milleara Shopping Centre

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 3138 asthma sufferers and 1221 people living with diabetes. In addition, 1314 people have a heart/vascular condition and 2079 people live with three or more chronic diseases.

A good place to invest in property?

Pascoe Vale 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

42 / 100

17 / 100

Population

62 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

56 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Pascoe Vale Girls Secondary College Westbreen Primary School Glenroy Secondary College
Pascoe Vale Primary School
Pascoe Vale, VIC, 3044 State Prep-6
Glenroy Central Primary School
Glenroy, VIC, 3046 State Prep-6
Pascoe Vale Girls Secondary College
Pascoe Vale, VIC, 3044 State 7-12
Westbreen Primary School
Pascoe Vale, VIC, 3044 State Prep-6
Glenroy Secondary College
Glenroy, VIC, 3046 State 7-12
Oak Park Primary School
Oak Park, VIC, 3046 State Prep-6
St Francis de Sales School
Oak Park, VIC, 3046 Independent Prep-6
Corpus Christi School
Glenroy, VIC, 3046 Independent Prep-6
St Thomas More's School
Hadfield, VIC, 3046 Independent Prep-6

Property Story

Unit 4, 48 Watt Avenue, Oak Park, Vic, 3046 is a residential property . The estimated distance to the sea is 10.47km and at least 2.88KM 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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