This property is Off Market
With an average age of 30, households expect an average monthly mortgage payment of $1,560 or a weekly rent payment of $360. The average family earns a weekly income of $2,205 with a typical household size of 3 and a 98.61% 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. Incomes in Marong are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Marong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Marong necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Marong 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.
(Country of Birth not stated 3%)
Bendigo Region - South 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
08 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
30 / 100
34 / 100
Incidents Trend State Average
California Gully Primary School
California Gully, VIC, 3556 State Prep-6
Kangaroo Flat Primary School
Kangaroo Flat, VIC, 3555 State Prep-6
Maiden Gully Primary School
Maiden Gully, VIC, 3551 State Prep-6
Eaglehawk North Primary School
Eaglehawk, VIC, 3556 State Prep-6
Specimen Hill Primary School
Golden Square, VIC, 3555 State Prep-6
Marist College Bendigo
Maiden Gully, VIC, 3551 Independent Prep-12
Lockwood Primary School
Lockwood, VIC, 3551 State Prep-6
Crusoe 7-10 Secondary College
Kangaroo Flat, VIC, 3555 State 7-10
Eaglehawk Primary School
Eaglehawk, VIC, 3556 State Prep-6
Marong Primary School
Marong, VIC, 3515 State Prep-6
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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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