40 Lotus Crescent, Mulgrave VIC 3170
This property is Off Market
- The Average property price in this area is $1,255,684, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 11.74 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mulgrave
With an average age of 42, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $421. The average family earns a weekly income of $1,775 with a typical household size of 2.7 and a 93.86% employment rate.
Consistent high demand relative to supply is a key feature in Mulgrave driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mulgrave are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mulgrave 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 Mulgrave 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
Stop 72: Lakeside Drive
Stop 73: Springvale Road
Stop 73: Springvale Road
Stop 74: Stanley Road
Stop 74: Stanley Road
Stop 75: Vermont South Shopping Centre
Stop 75: Vermont South Shopping Centre
Mount Waverley
Syndal
Westall
General Points of Interest
Lest We Forget
Neighbours Backlot
Chesterfield Farm
Golden Plaza
The Cricketer's Bell
Academy Swimming Pool
Hockey Pavillion
Melbourne School of Theology
Vermont South Shopping Centre
Volleyball: Dandenong Basketball Centre
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1837 asthma sufferers and 991 people living with diabetes. In addition, 1014 people have a heart/vascular condition and 1358 people live with three or more chronic diseases.A good place to invest in property?
Mulgrave 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
54 / 100
52 / 100
Industry
32 / 100
17 / 100
Population
44 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
44 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsAlbany Rise Primary School Wellington Secondary College
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Wellington Secondary College
Mulgrave, VIC, 3170 State 7-12
Property Story
40 Lotus Crescent, Mulgrave, Vic, 3170 is a residential property . The estimated distance to the sea is 11.74km and at least 1.92KM 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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