302 Kennedy Lane, Lurg VIC 3673
This property is Off Market
- The Average property price in this area is $642,175, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 170.96 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 Benalla Region
With an average age of 50, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $197. The average family earns a weekly income of $1,792 with a typical household size of 2.5 and a 98.5% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Lurg due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lurg changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Lurg 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
Wangaratta
General Points of Interest
Winton Motor Raceway
Population
(Country of Birth not stated 12%)
Are people healthy?
There are a recorded 534 asthma sufferers and 174 people living with diabetes. In addition, 215 people have a heart/vascular condition and 458 people live with three or more chronic diseases.A good place to invest in property?
Benalla Region 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
02 / 100
17 / 100
Population
13 / 100
32 / 100
House Prices
62 / 100
70 / 100
Jobs
24 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBenalla P-12 College Winton Primary School
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FCJ College
Benalla, VIC, 3672 Independent 7-12 -
Australian Christian College Hume
Benalla, VIC, 3672 Independent Prep-6 -
EdSpace
Benalla, VIC, 3672 Independent U
Property Story
302 Kennedy Lane, Lurg, Vic, 3673 is a residential property with 4 bedrooms, 2 bathrooms and 5 Parking spaces. The estimated value of this home is $1,185,000 while properties of this type typically sell for between $1,165,000 and $1,165,000 in this suburb. The estimated distance to the sea is 170.96km and 0.24KM 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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