This property is Off Market
With an average age of 39, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $525. The average family earns a weekly income of $2,788 with a typical household size of 3.3 and a 93.67% employment rate.
Consistent high demand relative to supply is a key feature in Pascoe Vale South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Pascoe Vale South 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. A mix of professions and above average income earners in Pascoe Vale South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Pascoe Vale South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Pascoe Vale South 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 Pascoe Vale South a better buying opportunity than it may have been in the past.
(Country of Birth not stated 1%)
Pascoe Vale South 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
17 / 100
17 / 100
Population
36 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
36 / 100
34 / 100
Incidents Trend State Average
St Oliver Plunkett's School
Pascoe Vale, VIC, 3044 Independent Prep-6
Pascoe Vale Primary School
Pascoe Vale, VIC, 3044 State Prep-6
Antonine College
Pascoe Vale South, VIC, 3044 Independent Prep-12
Pascoe Vale South Primary School
Pascoe Vale South, VIC, 3044 State Prep-6
Coburg North Primary School
Coburg, VIC, 3058 State Prep-6
Strathmore Secondary College
Strathmore, VIC, 3041 State 7-12
Coburg Special Developmental School
Coburg, VIC, 3058 State U
Coburg West Primary School
Coburg, VIC, 3058 State Prep-6
St Vincent de Paul's School
Strathmore, VIC, 3041 Independent 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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