15 Somerset Court, Narre Warren South VIC 3805
This property is Off Market
- The Average property price in this area is $1,194,109, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 15.97 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 Narre Warren South (East)
With an average age of 37, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $445. The average family earns a weekly income of $2,321 with a typical household size of 3.4 and a 92.96% employment rate.
Consistent high demand relative to supply is a key feature in Narre Warren South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Narre Warren South 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. A mix of professions and above average income earners in Narre Warren South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Narre Warren South requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Narre Warren South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Narre Warren South a better buying opportunity than it may have been in the past.
Public Transport
Chelsea
Tecoma
Cranbourne
Pakenham
Edithvale
Belgrave (Puffing Billy)
Belgrave
Bonbeach
Seaford
Upwey
General Points of Interest
Dandenong Workers Social Club Golf Course
Casey Indoor Leisure Complex
Freeway Sports
Hunt Club Village
Inflatable World
Cranbourne Golf Club
Jetts 24 Hour Fitness
Ayr Hill Equestrian Centre
Multi Purpose Center
Aeroplane
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1654 asthma sufferers and 583 people living with diabetes. In addition, 549 people have a heart/vascular condition and 910 people live with three or more chronic diseases.A good place to invest in property?
Narre Warren South (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
62 / 100
52 / 100
Industry
13 / 100
17 / 100
Population
48 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
35 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsAlkira Secondary College Hillsmeade Primary School
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Alkira Secondary College
Cranbourne North, VIC, 3977 State 7-12 -
Trinity Catholic Primary School
Narre Warren, VIC, 3805 Independent Prep-6 -
Narre Warren South P-12 College
Narre Warren South, VIC, 3805 State Prep-12 -
Heritage College
Narre Warren South, VIC, 3805 Independent Prep-12 -
Strathaird Primary School
Narre Warren South, VIC, 3805 State Prep-6 -
Cranbourne Carlisle Primary School
Cranbourne, VIC, 3977 State Prep-6 -
St Catherine's Primary School
Berwick, VIC, 3806 Independent Prep-6 -
Courtenay Gardens Primary School
Cranbourne North, VIC, 3977 State Prep-6 -
Tulliallan Primary School
Cranbourne North, VIC, 3977 State Prep-6 -
Hillsmeade Primary School
Narre Warren South, VIC, 3805 State Prep-6
Property Story
15 Somerset Court, Narre Warren South, Vic, 3805 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $995,000 while properties of this type typically sell for between $665,000 and $2,650,000 in this suburb. The estimated distance to the sea is 15.97km and 0.48KM 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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