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5 Wallace Avenue,
Donvale VIC 3111

This property is Off Market

All about Donvale Homes for sale in Donvale

The Average property price in this area is $2,072,975, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 20.82 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Harcourts 7 JILPANGER RD, $1,400,000 - $1,500,000 4 Beds - 2 Baths - 2 Parking Within 0.8 km Fletchers 16 WEMBLEY GDNS, For Sale $2,850,000 - $2,950,000 4 Beds - 3 Baths - 3 Parking Within 1.4 km Ray White UNIT 1, 148 MITCHAM RD, 380000 1 Beds - 1 Baths - 1 Parking Within 2.5 km

Recently Sold Properties in this Area

About Donvale - Park Orchards

With an average age of 63, households expect an average monthly mortgage payment of $2,546 or a weekly rent payment of $461. The average family earns a weekly income of $2,062 with a typical household size of 2 and a 88.15% 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 Donvale 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 Donvale 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 Donvale 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 56: Elgar Road train

Mitcham

Laburnum

Stop 74: Stanley Road tram

Stop 56: Elgar Road tram

Stop 57: Nelson Road tram

Stop 58: Box Hill Central train

Ringwood East train

Heathmont

General Points of Interest

Macedon Plaza swimming

Diving pool sport

Doncaster Athletics Track

Neighbours Backlot

Beckett Park Lookout Tower sport

Doncaster Action Indoor Sports schools

Melbourne School of Theology golf

Ringwood Golf Course sport

Boroondara Tennis Centre

Vermont South Shopping Centre

Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 1524 asthma sufferers and 592 people living with diabetes. In addition, 749 people have a heart/vascular condition and 945 people live with three or more chronic diseases.

A good place to invest in property?

Donvale - Park Orchards 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

70 / 100

52 / 100

Industry

28 / 100

17 / 100

Population

42 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

43 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Milgate Primary School East Doncaster Secondary College
Whitefriars College Inc
Donvale, VIC, 3111 Independent 7-12
St Charles Borromeo School
Templestowe, VIC, 3106 Independent Prep-6
Heatherwood School
Donvale, VIC, 3111 State U
Milgate Primary School
Doncaster East, VIC, 3109 State Prep-6
Serpell Primary School
Templestowe, VIC, 3106 State Prep-6
Donvale Christian College
Donvale, VIC, 3111 Independent Prep-12
East Doncaster Secondary College
Doncaster East, VIC, 3109 State 7-12
Our Lady of the Pines School
Donvale, VIC, 3111 Independent Prep-6
Donburn Primary School
Doncaster East, VIC, 3109 State Prep-6

Property Story

5 Wallace Avenue, Donvale, Vic, 3111 is a residential property . The estimated distance to the sea is 20.82km and 0.33KM 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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