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1 Irene Avenue,
Upper Ferntree Gully VIC 3156

This property is Off Market

All about Upper Ferntree Gully Homes for sale in Upper Ferntree Gully


  • The Average property price in this area is $1,110,745, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 24.65 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 Upwey - Tecoma

With an average age of 40, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $375. The average family earns a weekly income of $2,517 with a typical household size of 2.6 and a 95.49% 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. Incomes in Upper Ferntree Gully are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Upper Ferntree Gully 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. Medium density in Upper Ferntree Gully 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 Upper Ferntree Gully 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 Upper Ferntree Gully a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


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 Catchments
    Upwey Primary School Upwey High School
  • Upwey Primary School

    Upwey, VIC, 3158 State Prep-6

  • Upwey High School

    Upwey, VIC, 3158 State 7-12

  • St Thomas More's School

    Belgrave, VIC, 3160 Independent Prep-6


Property Story

1 Irene Avenue, Upper Ferntree Gully, Vic, 3156 is a residential property with bedrooms, 3 bathrooms and Parking spaces. The estimated distance to the sea is 24.65km and 0.1KM 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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