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242 Bittern-Dromana Road,
Merricks North VIC 3926

This property is Off Market

All about Merricks North Homes for sale in Merricks North


  • The Average property price in this area is $3,614,534, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 6.60 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Flinders

With an average age of 54, households expect an average monthly mortgage payment of $3,467 or a weekly rent payment of $258. The average family earns a weekly income of $2,769 with a typical household size of 2.6 and a 99.07% 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. High average incomes in Merricks North 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 Merricks North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Merricks North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Merricks North 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

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 497 asthma sufferers and 266 people living with diabetes. In addition, 391 people have a heart/vascular condition and 569 people live with three or more chronic diseases.

A good place to invest in property?

Flinders 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

59 / 100

52 / 100

Industry

07 / 100

17 / 100

Population

14 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

28 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Red Hill Consolidated School Dromana Secondary College
  • Dromana Primary School

    Dromana, VIC, 3936 State Prep-6

  • Peninsula Specialist College

    Dromana, VIC, 3936 State U

  • Somers Primary School

    Somers, VIC, 3927 State Prep-6

  • Red Hill Consolidated School

    Red Hill, VIC, 3937 State Prep-6

  • Mount Martha Primary School

    Mount Martha, VIC, 3934 State Prep-6

  • Osborne Primary School

    Mount Martha, VIC, 3934 State Prep-6

  • Dromana Secondary College

    Dromana, VIC, 3936 State 7-12

  • Balnarring Primary School

    Balnarring, VIC, 3926 State Prep-6

  • Balcombe Grammar School

    Mount Martha, VIC, 3934 Independent Prep-12

  • Bittern Primary School

    Bittern, VIC, 3918 State Prep-6


Property Story

242 Bittern-Dromana Road, Merricks North, Vic, 3926 is a residential property . The estimated distance to the sea is 6.6km and 0.11KM 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

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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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