This property is Off Market
With an average age of 35, households expect an average monthly mortgage payment of $1,904 or a weekly rent payment of $381. The average family earns a weekly income of $2,190 with a typical household size of 2.4 and a 96.61% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Boronia are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Boronia 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 Boronia 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.
(Country of Birth not stated 4%)
Boronia 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
46 / 100
52 / 100
Industry
26 / 100
17 / 100
Population
43 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
46 / 100
34 / 100
Incidents Trend State Average
Mountain Gate Primary School
Ferntree Gully, VIC, 3156 State Prep-6
Boronia K-12 College
Boronia, VIC, 3155 State Prep-12
Eastern Ranges School
Ferntree Gully, VIC, 3156 State U
Fairhills High School
Knoxfield, VIC, 3180 State 7-12
Ferntree Gully North Primary School
Ferntree Gully, VIC, 3156 State Prep-6
Fairhills Primary School
Ferntree Gully, VIC, 3156 State Prep-6
St Joseph's Primary School
Boronia, VIC, 3155 Independent Prep-6
Boronia West Primary School
Boronia, VIC, 3155 State Prep-6
Wattle View Primary School
Ferntree Gully, VIC, 3156 State 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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