FREE Property Report

36 May Street,
Aberfeldie VIC 3040

This property is Off Market

All about Aberfeldie Homes for sale in Aberfeldie

The Average property price in this area is $1,605,028, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 5.76 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Woodards 34 MAY ST, $2,100,000 - $2,225,000 4 Beds - 2 Baths - 2 Parking Within 0.0 km Woodards UNIT 2, 11 CAROLINE ST, $950,000 - $1,045,000 3 Beds - 2 Baths - 2 Parking Within 0.2 km Nelson Alexander 97 FAWKNER ST, Auction $1,800,000 - $1,980,000 3 Beds - 2 Baths - 1 Parking Within 0.3 km Woodards 19 CLIFTON ST, Forthcoming Auction 3 Beds - 1 Baths - 3 Parking Within 0.3 km Woodards 6A TILBA ST, $2,350,000 - $2,580,000 4 Beds - 3 Baths - 3 Parking Within 0.6 km Nelson Alexander 13 VIDA ST, Private Sale $2,450,000 3 Beds - 1 Baths - Parking Within 0.7 km

Recently Sold Properties in this Area

About Essendon - Aberfeldie

With an average age of 39, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $640. The average family earns a weekly income of $3,340 with a typical household size of 3.1 and a 96.13% 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 Aberfeldie 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 Aberfeldie 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 Aberfeldie 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

Stop 41: Maribyrnong Park tram

Stop 45: Randall Street tram

Stop 42: Clyde Street tram

Stop 43: Van Ness Avenue tram

Stop 44: Warrs Road tram

Stop 44: Barb Street

General Points of Interest

Central West Shopping Centre sport

Melbourne International Shooting Club schools

James Cook University monument

John F. Kennedy Memorial monument

Burke and Wills Memorial prison

Parkville Youth Justice Precinct

Lightning Room shopping

Homemaker Centre

Central West Shopping Centre

Milleara Shopping Centre

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 2565 asthma sufferers and 1111 people living with diabetes. In addition, 1253 people have a heart/vascular condition and 1982 people live with three or more chronic diseases.

A good place to invest in property?

Essendon - Aberfeldie 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

54 / 100

17 / 100

Population

85 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

65 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Aberfeldie Primary School Buckley Park College
Rosehill Secondary College
Niddrie, VIC, 3042 State 7-12
Ave Maria College
Aberfeldie, VIC, 3040 Independent 7-12
Aberfeldie Primary School
Essendon, VIC, 3040 State Prep-6
St John Bosco's School
Niddrie, VIC, 3042 Independent Prep-6
Moonee Ponds West Primary School
Moonee Ponds, VIC, 3039 State Prep-6
St Bernard's College
Essendon, VIC, 3040 Independent 7-12
St Margaret's Primary School
Maribyrnong, VIC, 3032 Independent Prep-6
Our Lady of the Nativity School
Aberfeldie, VIC, 3040 Independent Prep-6
Resurrection House
Essendon, VIC, 3040 Independent Prep-6

Property Story

36 May Street, Aberfeldie, Vic, 3040 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $2,410,000 while properties of this type typically sell for between $800,000 and $2,005,000 in this suburb. The estimated distance to the sea is 5.76km and 0.27KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

Join us

Already have an account? Sign in

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.

Report this property

Lawlab logo