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Flat 10,
48 MAGNOLIA ROAD Gardenvale VIC 3185

This property is Off Market

All about Gardenvale Homes for sale in Gardenvale


  • The Average property price in this area is $2,021,509, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 2.27 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Elsternwick

With an average age of 38, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $301. The average family earns a weekly income of $3,295 with a typical household size of 2.1 and a 95.5% 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. High average incomes in Gardenvale 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 Gardenvale 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. Lower than average population density constrains growth in Gardenvale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 999 asthma sufferers and 457 people living with diabetes. In addition, 527 people have a heart/vascular condition and 717 people live with three or more chronic diseases.

A good place to invest in property?

Elsternwick 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

80 / 100

52 / 100

Industry

31 / 100

17 / 100

Population

24 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

44 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Gardenvale Primary School Brighton Secondary College
  • Caulfield Primary School

    Caulfield South, VIC, 3162 State Prep-6

  • Firbank Grammar School

    Brighton, VIC, 3186 Independent Prep-12

  • St James' School

    Brighton, VIC, 3186 Independent Prep-6

  • Star of the Sea College

    Brighton, VIC, 3186 Independent 7-12

  • Elsternwick Primary School

    Brighton, VIC, 3186 State Prep-6

  • Leibler Yavneh College

    Elsternwick, VIC, 3185 Independent Prep-12

  • Japanese School of Melbourne

    Caulfield South, VIC, 3162 Independent Prep-9


Property Story

Flat 10, 48 Magnolia Road, Gardenvale, Vic, 3185 is a residential property . The estimated distance to the sea is 2.27km and at least 3.41KM 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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