140 Forest Drive,
Myers Flat VIC 3556

About Bendigo Region - North

With an average age of 51, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $195. The average family earns a weekly income of $1,890 with a typical household size of 2.4 and a 93.24% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Myers Flat 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 Myers Flat 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 Myers Flat 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

Bendigo Stop 1: Central Deborah Gold Mine Epsom Stop 2: Charing Cross Stop 6: Joss House Stop 4: Lake Weeroona Stop 3: Bendigo Tramways Depot and Workshop Huntly Kangaroo Flat Stop 5: Tysons Reef

General Points of Interest

Peter Krenz Leisure Centre Bendigo BMX Club Neangar Park Golf Course Poppet Head Mine Rock Crusher Red Energy Arena Balgownie Estate Great Extended Hustlers Mine Disaster Memorial Maiden Gully Cricket Club Golden Square Primary School

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Bendigo Senior Secondary College Eaglehawk Secondary College Marong Primary School

• Eaglehawk Primary School

  Eaglehawk, VIC, 3556 State Prep-6

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• Maiden Gully Primary School

  Maiden Gully, VIC, 3551 State Prep-6

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• Lockwood Primary School

  Lockwood, VIC, 3551 State Prep-6

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• Eaglehawk North Primary School

  Eaglehawk, VIC, 3556 State Prep-6

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• Marist College Bendigo

  Maiden Gully, VIC, 3551 Independent Prep-12

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• Marong Primary School

  Marong, VIC, 3515 State Prep-6

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• St Liborius' School

  Eaglehawk, VIC, 3556 Independent Prep-6

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Property Story

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