2733 Midland Highway, Newlyn VIC 3364
This property is Off Market
- The Average property price in this area is $621,197, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 81.52 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 Creswick - Clunes
With an average age of 54, households expect an average monthly mortgage payment of $1,560 or a weekly rent payment of $230. The average family earns a weekly income of $1,875 with a typical household size of 2.3 and a 94.84% 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. 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 Newlyn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Newlyn 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 Newlyn 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 Newlyn 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
Clunes
General Points of Interest
Hammon Park Pump Track
Creswick Golf Course
The University of Melbourne Creswick Campus
children
Infants
(Diving tower, restricted)
Creswick War Memorial
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 1283 asthma sufferers and 473 people living with diabetes. In addition, 485 people have a heart/vascular condition and 849 people live with three or more chronic diseases.A good place to invest in property?
Creswick - Clunes 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
37 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
28 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNewlyn Primary School Daylesford Secondary College
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Creswick North Primary School
Creswick, VIC, 3363 State Prep-6 -
Creswick Primary School
Creswick, VIC, 3363 State Prep-6
Property Story
2733 Midland Highway, Newlyn, Vic, 3364 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $625,000. The estimated distance to the sea is 81.52km and at least 1.01KM 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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