325A Bay Road, Cheltenham VIC 3192
This property is Off Market
- The Average property price in this area is $1,461,672, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 2.52 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 Cheltenham - Highett (West)
With an average age of 35, households expect an average monthly mortgage payment of $2,200 or a weekly rent payment of $394. The average family earns a weekly income of $2,895 with a typical household size of 2.5 and a 95.74% 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 Cheltenham 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 Cheltenham 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 Cheltenham 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Southland
General Points of Interest
St Patrick's Tennis Club Mentone
Lest We Forget
Hampton Tennis Club
Sandringham Golf Course
Cheltenham Bowls Club
William C.F. Almeida
Golden Plaza
The Cricketer's Bell
McKinnon Obelisk
Hockey Pavillion
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1038 asthma sufferers and 363 people living with diabetes. In addition, 455 people have a heart/vascular condition and 743 people live with three or more chronic diseases.A good place to invest in property?
Cheltenham - Highett (West) 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
74 / 100
52 / 100
Industry
24 / 100
17 / 100
Population
39 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
40 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsSandringham East Primary School Sandringham College
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Berendale School
Hampton East, VIC, 3188 State U -
Cheltenham Primary School
Cheltenham, VIC, 3192 State Prep-6 -
St Agnes' School
Highett, VIC, 3190 Independent Prep-6 -
Bayside Special Developmental School
Moorabbin, VIC, 3189 State U -
Black Rock Primary School
Black Rock, VIC, 3193 State Prep-6
Property Story
325A Bay Road, Cheltenham, Vic, 3192 is a residential property . The estimated distance to the sea is 2.52km and at least 1.71KM 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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