This property is Off Market
With an average age of 31, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $400. The average family earns a weekly income of $2,190 with a typical household size of 3.2 and a 96.29% employment rate.
In Wollert there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Wollert are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Wollert provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Wollert 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 Wollert a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Wollert 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
44 / 100
52 / 100
Industry
13 / 100
17 / 100
Population
02 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
31 / 100
34 / 100
Incidents Trend State Average
St Monica's College
Epping, VIC, 3076 Independent 7-12
St Peter's School
Epping, VIC, 3076 Independent Prep-6
Al Siraat College
Epping, VIC, 3076 Independent Prep-12
St Mary of the Cross MacKillop Catholic Parish Primary School
Epping, VIC, 3076 Independent Prep-6
Harvest Home Primary School
Epping, VIC, 3076 State Prep-6
Craigieburn South Primary School
Craigieburn, VIC, 3064 State Prep-6
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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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