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307-309 Dromana Parade,
Safety Beach VIC 3936

This property is Off Market

All about Safety Beach Homes for sale in Safety Beach


  • The Average property price in this area is $1,419,601, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.27 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Dromana

With an average age of 49, households expect an average monthly mortgage payment of $1,872 or a weekly rent payment of $453. The average family earns a weekly income of $2,062 with a typical household size of 2.1 and a 99.65% 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 Safety Beach 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 Safety Beach 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 Safety Beach 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 Safety Beach 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 Safety Beach a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1692 asthma sufferers and 637 people living with diabetes. In addition, 903 people have a heart/vascular condition and 1529 people live with three or more chronic diseases.

A good place to invest in property?

Dromana 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

42 / 100

52 / 100

Industry

10 / 100

17 / 100

Population

35 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

31 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Dromana Secondary College Mount Martha Primary School
  • Dromana Secondary College

    Dromana, VIC, 3936 State 7-12

  • Mount Martha Primary School

    Mount Martha, VIC, 3934 State Prep-6

  • Dromana Primary School

    Dromana, VIC, 3936 State Prep-6


Property Story

307-309 Dromana Parade, Safety Beach, Vic, 3936 is a residential property . The estimated distance to the sea is only 0.27km and at least 1.21KM 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

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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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