Unit 1, 15 ORRONG AVENUE Reservoir VIC 3073
This property is Off Market
- The Average property price in this area is $1,420,813, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 12.75 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 Reservoir - East
With an average age of 35, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $381. The average family earns a weekly income of $2,125 with a typical household size of 2.3 and a 95.95% employment rate.
Consistent high demand relative to supply is a key feature in Reservoir driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Reservoir 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 Reservoir provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Reservoir 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 54: McColl Street
Stop 54: Chaleyer Street
Stop 53: Ethel Grove
Stop 53: Ethel Grove
Stop 52: Tyler Street
Stop 55: Albert Street
Stop 55: Boldrewood Parade
Regent
Ruthven
Reservoir
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Strathallan Golf Club
Pentridge Prison Main Gate
Parkville Youth Justice Precinct
YMCA Macleod Recreation and Fitness Centre
West Brunswick Tennis Club
Royal Park Tennis Club
Boroondara Tennis Centre
Homemaker Centre
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 3243 asthma sufferers and 2135 people living with diabetes. In addition, 1518 people have a heart/vascular condition and 2995 people live with three or more chronic diseases.A good place to invest in property?
Reservoir - East 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
42 / 100
52 / 100
Industry
34 / 100
17 / 100
Population
47 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
37 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsReservoir High School Reservoir Primary School
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Reservoir Primary School
Reservoir, VIC, 3073 State Prep-6
Property Story
Unit 1, 15 Orrong Avenue, Reservoir, Vic, 3073 is a residential property . The estimated distance to the sea is 12.75km and at least 3.83KM 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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