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1 Somerset Drive,
Viewbank VIC 3084

This property is Off Market

All about Viewbank Homes for sale in Viewbank


  • The Average property price in this area is $1,297,418, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 15.14 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 Viewbank - Yallambie

With an average age of 41, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $452. The average family earns a weekly income of $2,583 with a typical household size of 3 and a 92.59% employment rate.

In Viewbank 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. High average incomes in Viewbank 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 Viewbank 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 Viewbank necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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 1%)

Are people healthy?

There are a recorded 1887 asthma sufferers and 797 people living with diabetes. In addition, 970 people have a heart/vascular condition and 1512 people live with three or more chronic diseases.

A good place to invest in property?

Viewbank - Yallambie 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

62 / 100

52 / 100

Industry

30 / 100

17 / 100

Population

40 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

53 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Banyule Primary School Viewbank College

Property Story

1 Somerset Drive, Viewbank, Vic, 3084 is a residential property . The estimated distance to the sea is 15.14km and 0.44KM 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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