29-33 Musgrave Street, Wellington Point QLD 4160
This property is Off Market
- The Average property price in this area is $1,079,410, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 0.91 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 Wellington Point
With an average age of 46, households expect an average monthly mortgage payment of $2,029 or a weekly rent payment of $400. The average family earns a weekly income of $2,250 with a typical household size of 2.4 and a 96.3% employment rate.
Consistent high demand relative to supply is a key feature in Wellington Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Wellington Point are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Wellington Point classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wellington Point 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Birkdale
Wynnum North
Wynnum
Wynnum Central
Lota
Wellington Point
Ormiston
Cleveland
Manly
Thorneside
General Points of Interest
Manly Heights Shopping Village
Cleveland Point Lighthouse
J Block
Cleveland Bowling Club
Cleveland Aquatic Centre
Redlands Netball Association
Gumdale Historical Museum
Howeston Golf Course
Kougari Oval
Corner House Shops
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1454 asthma sufferers and 519 people living with diabetes. In addition, 610 people have a heart/vascular condition and 853 people live with three or more chronic diseases.A good place to invest in property?
Wellington Point 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
Queensland State average 66 / 100
Income
50 / 100
32 / 100
Industry
43 / 100
32 / 100
Population
63 / 100
40 / 100
House Prices
82 / 100
63 / 100
Jobs
45 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsWellington Point SHS Wellington Point SS
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Wellington Point State High School
Wellington Point, QLD, 4160 State 7-12 -
St Mary MacKillop Primary School
Birkdale, QLD, 4159 Independent Prep-6 -
Redlands College
Wellington Point, QLD, 4160 Independent Prep-12 -
Wellington Point State School
Wellington Point, QLD, 4160 State Prep-6
Property Story
29-33 Musgrave Street, Wellington Point, Qld, 4160 is a residential property . The estimated distance to the sea is only 0.91km and 0.15KM 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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