47 Preston Street, Fawkner VIC 3060
This property is Off Market
- The Average property price in this area is $961,263, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 12.97 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 Fawkner
With an average age of 36, 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 $1,733 with a typical household size of 2.8 and a 95.56% 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 Fawkner 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 Fawkner 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 Fawkner 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 Fawkner a better buying opportunity than it may have been in the past.
Public Transport
Stop 37: Gaffney Street
Stop 38: Renown Street
Stop 38: Carr Street
Stop 39: Mercy College
Stop 40: Bakers Road
Gowrie
Fawkner
Stop 39: Mercy College
Merlynston
Batman
General Points of Interest
Hall's Taekwondo Centre
Action Indoor Sports Stadium
Strathallan Golf Club
Burke and Wills Memorial
Pentridge Prison Main Gate
Parkville Youth Justice Precinct
YMCA Macleod Recreation and Fitness Centre
West Brunswick Tennis Club
Royal Park Tennis Club
Homemaker Centre
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1532 asthma sufferers and 843 people living with diabetes. In addition, 753 people have a heart/vascular condition and 1391 people live with three or more chronic diseases.A good place to invest in property?
Fawkner 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
39 / 100
52 / 100
Industry
14 / 100
17 / 100
Population
03 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
28 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsJohn Fawkner Secondary Collegee Moomba Park Primary School
-
St Mark's School
Fawkner, VIC, 3060 Independent Prep-6
Property Story
47 Preston Street, Fawkner, Vic, 3060 is a residential property . The estimated distance to the sea is 12.97km and at least 1.15KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready 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
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
