1025 Norman Street, Wendouree VIC 3355
This property is Off Market
- The Average property price in this area is $542,752, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 77.38 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Wendouree - Miners Rest
With an average age of 45, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $280. The average family earns a weekly income of $1,545 with a typical household size of 2 and a 93.04% employment rate.
In Wendouree 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wendouree due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Wendouree 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 Wendouree 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
Clunes
General Points of Interest
Federation University Australia (Camp Street Campus)
swimming centre
The Magpie Goldrush & Pulpit Rock
Community Pavilion
Ballarat Aquatic and Leisure Centre
Central Wendouree Bowling Club Inc.
Gold Discovery Memorial
Anytime Fitness
Helen McKay Memorial
Korean, Borneo, Malayan & Vietnam Memorial
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 2489 asthma sufferers and 872 people living with diabetes. In addition, 924 people have a heart/vascular condition and 1998 people live with three or more chronic diseases.A good place to invest in property?
Wendouree - Miners Rest 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
36 / 100
52 / 100
Industry
07 / 100
17 / 100
Population
14 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
21 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMount Rowan Secondary College Wendouree Primary School
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Our Lady Help of Christians School
Wendouree, VIC, 3355 Independent Prep-6 -
Yuille Park P-8 Community College
Wendouree, VIC, 3355 State U, Prep-8 -
Ballarat Grammar
Wendouree, VIC, 3355 Independent Prep-12 -
Wendouree Primary School
Wendouree, VIC, 3355 State Prep-6 -
Forest Street Primary School
Wendouree, VIC, 3355 State Prep-6
Property Story
1025 Norman Street, Wendouree, Vic, 3355 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 77.38km and 0.74KM 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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