5A Morloc Street, Forest Hill VIC 3131
This property is Off Market
- The Average property price in this area is $1,384,851, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 17.84 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 Forest Hill
With an average age of 39, households expect an average monthly mortgage payment of $1,990 or a weekly rent payment of $394. The average family earns a weekly income of $2,431 with a typical household size of 2.5 and a 97.38% 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. Incomes in Forest Hill 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 Forest Hill 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 Forest Hill 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 Forest Hill 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 Forest Hill a better buying opportunity than it may have been in the past.
Public Transport
Stop 71: Sevenoaks Road
Stop 71: Sevenoaks Road
Stop 72: Lakeside Drive
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
General Points of Interest
Macedon Plaza
Neighbours Backlot
The Cricketer's Bell
Academy Swimming Pool
Doncaster Action Indoor Sports
Hockey Pavillion
Ringwood Golf Course
Camberwell Central
Vermont South Shopping Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1034 asthma sufferers and 475 people living with diabetes. In addition, 553 people have a heart/vascular condition and 885 people live with three or more chronic diseases.A good place to invest in property?
Forest Hill 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
52 / 100
52 / 100
Industry
20 / 100
17 / 100
Population
31 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
33 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsBlackburn Lake Primary School Forest Hill College
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Nunawading Christian College - Primary
Nunawading, VIC, 3131 Independent Prep-6 -
Mount Pleasant Road Nunawading Primary School
Nunawading, VIC, 3131 State Prep-6
Property Story
5A Morloc Street, Forest Hill, Vic, 3131 is a residential property . The estimated distance to the sea is 17.84km and 0.69KM 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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