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3 Monaco Avenue,
Bonbeach VIC 3196

This property is Off Market

All about Bonbeach Homes for sale in Bonbeach

The Average property price in this area is $1,180,503, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.55 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White UNIT 3, 11 BONDI RD, 555000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Ray White UNIT 4, 533-535 NEPEAN HWY, 425000 2 Beds - 1 Baths - 1 Parking Within 0.4 km Belle Property UNIT 2, 25 YORK ST, $795,000 3 Beds - 2 Baths - 2 Parking Within 0.4 km Ray White 38 ILMA GR, 890000 3 Beds - 1 Baths - 1 Parking Within 0.5 km Belle Property UNIT 6, 10 BROADWAY, $900,000 to $990,000 Beds - Baths - Parking Within 0.5 km Ray White 39 MERNDA AV, 1050000 3 Beds - 1 Baths - 4 Parking Within 0.6 km Elders UNIT 3, 11 BROADWAY, $190,000 Beds - Baths - Parking Within 0.6 km OneAgency 53A SCOTCH PDE, $800,000 3 Beds - 1 Baths - 1 Parking Within 1.0 km Ray White 4 TRENT CT, 1100000 4 Beds - 2 Baths - 7 Parking Within 1.1 km Ray White UNIT 185, 100 BROADWAY, 349000 2 Beds - 1 Baths - 2 Parking Within 1.1 km

Recently Sold Properties in this Area

About Chelsea - Bonbeach

With an average age of 35, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $430. The average family earns a weekly income of $2,404 with a typical household size of 2.3 and a 98.82% 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 Bonbeach 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. The high percentage of professional people in Bonbeach 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 Bonbeach 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 Bonbeach 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 Bonbeach a better buying opportunity than it may have been in the past.

Public Transport

Leawarra

Southland

Chelsea

Edithvale

Mordialloc train

Aspendale

Bonbeach

Parkdale

Seaford

Cheltenham

General Points of Interest

Thrift Park Shopping Centre golf

Skye Driving Range & Golf Course sport

Gymnasium 2 sport

Gymnasium 1 shopping

Karingal Village shopping

HomeCo

Serbian Sports Centre monument

Mordialloc Cenotaph sport

Soccer5s

Mentone Grammar School Keysborough Playing Fields

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1600 asthma sufferers and 634 people living with diabetes. In addition, 756 people have a heart/vascular condition and 1376 people live with three or more chronic diseases.

A good place to invest in property?

Chelsea - Bonbeach 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

60 / 100

52 / 100

Industry

21 / 100

17 / 100

Population

55 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

43 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Bonbeach Primary School Patterson River Secondary College
Chelsea Primary School
Chelsea, VIC, 3196 State Prep-6
Patterson Lakes Primary School
Patterson Lakes, VIC, 3197 State Prep-6
St Joseph's School
Chelsea, VIC, 3196 Independent Prep-6
Carrum Primary School
Carrum, VIC, 3197 State Prep-6

Property Story

3 Monaco Avenue, Bonbeach, Vic, 3196 is a residential property . The estimated distance to the sea is only 0.55km and 0.28KM 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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