This property is Off Market
With an average age of 30, households expect an average monthly mortgage payment of $2,060 or a weekly rent payment of $391. The average family earns a weekly income of $2,250 with a typical household size of 3.2 and a 96.23% 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 Clyde North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Clyde North 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 Clyde North 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.
(Country of Birth not stated 2%)
Cranbourne East 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
53 / 100
52 / 100
Industry
31 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
46 / 100
34 / 100
Incidents Trend State Average
Casey Grammar School
Cranbourne East, VIC, 3977 Independent Prep-12
Wilandra Rise Primary School
Clyde North, VIC, 3978 State Prep-6
Tulliallan Primary School
Cranbourne North, VIC, 3977 State Prep-6
Cranbourne East Primary School
Cranbourne East, VIC, 3977 State Prep-6
Clyde Primary School
Clyde, VIC, 3978 State Prep-6
Hillcrest Christian College
Clyde North, VIC, 3978 Independent Prep-12
St Thomas the Apostle Catholic Primary School
Cranbourne East, VIC, 3977 Independent Prep-6
Marnebek School Cranbourne
Cranbourne East, VIC, 3977 State U
Lighthouse Christian College Cranbourne
Cranbourne, VIC, 3977 Independent Prep-12
Cranbourne East Secondary College
Cranbourne East, VIC, 3977 State 7-12
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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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