2740 Koo Wee Rup-Longwarry Road, Modella VIC 3816
This property is Off Market
- The Average property price in this area is $1,075,997, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 19.88 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Bunyip - Garfield
With an average age of 48, households expect an average monthly mortgage payment of $2,140 or a weekly rent payment of $283. The average family earns a weekly income of $2,183 with a typical household size of 2.8 and a 98.45% 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 Modella 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 Modella 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 Modella necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Modella 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 Modella a better buying opportunity than it may have been in the past.
Public Transport
Garfield
Tynong
Warragul
Longwarry
Pakenham
Nar Nar Goon
Gembrook (Town)
Gembrook (Heritage)
Bunyip
Drouin
General Points of Interest
Garfield Golf Club
War Memorial
Lonwarry Bowls Club
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1364 asthma sufferers and 382 people living with diabetes. In addition, 458 people have a heart/vascular condition and 828 people live with three or more chronic diseases.A good place to invest in property?
Bunyip - Garfield 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
55 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
25 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
33 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsDrouin Secondary College Ripplebrook Primary School
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Ripplebrook Primary School
Ripplebrook, VIC, 3818 State Prep-6 -
Bayles Regional Primary School
Bayles, VIC, 3981 State Prep-6
Property Story
2740 Koo Wee Rup-Longwarry Road, Modella, Vic, 3816 is a residential property . The estimated distance to the sea is 19.88km and 0.31KM 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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