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Unit 909,
5 WOMINJEKA WALK West Melbourne VIC 3003

This property is Off Market

All about West Melbourne Homes for sale in West Melbourne

  • The Average property price in this area is $1,066,740, this is based on recent transactions.
  • Distance to the coast 0.71 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Woodards UNIT 320, 673 LA TROBE ST, DOCKLANDS, 3008 $285,000 1 Beds - 1 Baths - Parking Within 0.5 km Harcourts UNIT 2010, 241 HARBOUR ESP, DOCKLANDS, 3008 $350,000-380,000 1 Beds - 1 Baths - Parking Within 0.6 km Harcourts UNIT 204, 1 MARMION PL, DOCKLANDS, 3008 $550,000 - $600,000 2 Beds - 2 Baths - 1 Parking Within 0.6 km Ray White UNIT 901, 387 DOCKLANDS DR, DOCKLANDS, 3008 660000 2 Beds - 2 Baths - 1 Parking Within 0.8 km Harcourts LEVEL 20, UNIT 2002, 20 RAKAIA WAY, DOCKLANDS, 3008 Offers from $420,000 + GST Beds - Baths - Parking Within 0.8 km Century 21 SUITE 1212, 401 DOCKLANDS DR, DOCKLANDS, 3008 $290,000 TO $300,000 Beds - Baths - Parking Within 0.9 km Century 21 SUITE 926, 401 DOCKLANDS DR, DOCKLANDS, 3008 $250,000 TO $275,000 CALL TO ARRANGE AN INSPECTIO Beds - Baths - Parking Within 0.9 km Professionals 441 DOCKLANDS DR, DOCKLANDS, 3008 Price: Contact Agent 1 Beds - 1 Baths - Parking Within 1.1 km Ray White UNIT 13, 801 BOURKE ST, DOCKLANDS, 3008 595000 2 Beds - 1 Baths - 0 Parking Within 1.1 km Professionals UNIT 1907, 8 PEARL RIVER RD, DOCKLANDS, 3008 $429,500 1 Beds - 1 Baths - Parking Within 1.1 km Harcourts UNIT 3401, 8 PEARL RIVER RD, DOCKLANDS, 3008 $550,000 Beds - Baths - Parking Within 1.1 km LJ Hooker UNIT 805, 463 DOCKLANDS DR, DOCKLANDS, 3008 $350,000 - $370,000 1 Beds - 1 Baths - 1 Parking Within 1.1 km LJ Hooker UNIT 1604E, 888 COLLINS ST, DOCKLANDS, 3008 Offer Welcome: $670,000 - $690,000 2 Beds - 2 Baths - 1 Parking Within 1.3 km Belle Property UNIT 1309, 8 MCCRAE ST, DOCKLANDS, 3008 $300,000 - $330,000 1 Beds - 1 Baths - Parking Within 1.3 km Ray White UNIT 2113, 628 FLINDERS ST, DOCKLANDS, 3008 550000 2 Beds - 1 Baths - 0 Parking Within 1.3 km Ray White UNIT 1518, 628 FLINDERS ST, DOCKLANDS, 3008 460000 2 Beds - 1 Baths - 0 Parking Within 1.3 km Ray White UNIT 1709, 915 COLLINS ST, DOCKLANDS, 3008 1238000 3 Beds - 2 Baths - 2 Parking Within 1.4 km Harcourts UNIT 2402, 1 POINT PARK CR, DOCKLANDS, 3008 $820,000 - $890,000 2 Beds - 2 Baths - 1 Parking Within 1.6 km

Recently Sold Properties in this Area

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About North Melbourne

With an average age of 32, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $430. The average family earns a weekly income of $3,158 with a typical household size of 1.9 and a 94.67% employment rate.

In West Melbourne there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in West Melbourne is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in West Melbourne changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in West Melbourne 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

General Points of Interest

Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1757 asthma sufferers and 684 people living with diabetes. In addition, 488 people have a heart/vascular condition and 1275 people live with three or more chronic diseases.

A good place to invest in property?

North Melbourne 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

66 / 100

52 / 100

Industry

52 / 100

17 / 100

Population

52 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

55 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
    University High School North Melbourne Primary School

  • St Joseph's Flexible Learning Centre

    North Melbourne, VIC, 3051 Independent 7-12

  • St Aloysius College

    North Melbourne, VIC, 3051 Independent 7-12

  • River Nile School

    North Melbourne, VIC, 3051 Independent 11-12

  • University High School

    Parkville, VIC, 3052 State 7-12

  • St Michael's School

    North Melbourne, VIC, 3051 Independent Prep-6

  • North Melbourne Primary School

    North Melbourne, VIC, 3051 State Prep-6

  • South Melbourne Primary School

    South Melbourne, VIC, 3205 State Prep-6

  • Ozford College

    Melbourne, VIC, 3000 Independent 10-12

  • Simonds Catholic College

    West Melbourne, VIC, 3003 Independent 7-12

Property Story

Unit 909, 5 Wominjeka Walk, West Melbourne, Vic, 3003 is a residential property . The estimated distance to the sea is only 0.71km and 0.65KM 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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